Asseco Business Solutions (FRA:9QQ) PB Ratio : 4.77 (As of May. 28, 2024)

View and export this data going back to 2021. Start your Free Trial

What is Asseco Business Solutions PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-28), Asseco Business Solutions's share price is €13.70. Asseco Business Solutions's Book Value per Share for the quarter that ended in Mar. 2024 was €2.87. Hence, Asseco Business Solutions's PB Ratio of today is 4.77.

Warning Sign:

Asseco Business Solutions SA stock PB Ratio (=4.89) is close to 10-year high of 5.14

The historical rank and industry rank for Asseco Business Solutions's PB Ratio or its related term are showing as below:

FRA:9QQ' s PB Ratio Range Over the Past 10 Years
Min: 1.4 Med: 3.28 Max: 5.14
Current: 4.89

During the past 13 years, Asseco Business Solutions's highest PB Ratio was 5.14. The lowest was 1.40. And the median was 3.28.

FRA:9QQ's PB Ratio is ranked worse than
73.61% of 2577 companies
in the Software industry
Industry Median: 2.66 vs FRA:9QQ: 4.89

During the past 12 months, Asseco Business Solutions's average Book Value Per Share Growth Rate was 5.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 4.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 4.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 4.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Asseco Business Solutions was 5.90% per year. The lowest was -0.70% per year. And the median was 2.40% per year.

Back to Basics: PB Ratio

Asseco Business Solutions PB Ratio Historical Data

The historical data trend for Asseco Business Solutions's PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Asseco Business Solutions PB Ratio Chart

Asseco Business Solutions Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

Get a 7-Day Free Trial

3.75

2.76

4.16

Asseco Business Solutions Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
PB Ratio	Get a 7-Day Free Trial															3.06	3.69	3.37	4.16	4.07

Competitive Comparison of Asseco Business Solutions's PB Ratio

For the Software - Application subindustry, Asseco Business Solutions's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Asseco Business Solutions's PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Asseco Business Solutions's PB Ratio distribution charts can be found below:

* The bar in red indicates where Asseco Business Solutions's PB Ratio falls into.

Asseco Business Solutions PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Asseco Business Solutions's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Mar. 2024)
	=	13.70	/	2.873
	=	4.77

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Asseco Business Solutions (FRA:9QQ) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

Asseco Business Solutions PB Ratio Related Terms

Thank you for viewing the detailed overview of Asseco Business Solutions's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Asseco Business Solutions (FRA:9QQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Asseco Business Solutions SA (FRA:9QQ) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

ABS:Poland

Address

ul. Konrada Wallenroda 4c, Lublin, POL, 20-607

Website

http://www.assecobs.pl

Asseco Business Solutions SA serves as a Competence Centre accountable for the development of ERP software, mobile reporting systems (SFA), factoring systems and software for SMEs. Its offering also includes the provision, adaptation, and configuration of business applications for enterprises, design, and construction of infrastructure at the client or in the outsourcing model, providing equipment and system software of renowned partners, training for client's personnel, service and remote support for users. The company generates most of its revenue from its ERP Systems segment mainly in Poland.

Asseco Business Solutions (FRA:9QQ) Headlines

No Headlines