Noratis AG (HAM:NUVA) PB Ratio : 0.33 (As of May. 12, 2024)

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What is Noratis AG 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 (2024-05-12), Noratis AG's share price is €5.20. Noratis AG's Book Value per Share for the quarter that ended in Jun. 2023 was €15.71. Hence, Noratis AG's PB Ratio of today is 0.33.

The historical rank and industry rank for Noratis AG's PB Ratio or its related term are showing as below:

HAM:NUVA' s PB Ratio Range Over the Past 10 Years
Min: 0.27 Med: 1.33 Max: 10.86
Current: 0.35

During the past 8 years, Noratis AG's highest PB Ratio was 10.86. The lowest was 0.27. And the median was 1.33.

HAM:NUVA's PB Ratio is ranked better than
80.96% of 1754 companies
in the Real Estate industry
Industry Median: 0.82 vs HAM:NUVA: 0.35

During the past 12 months, Noratis AG's average Book Value Per Share Growth Rate was -3.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 7.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 11.50% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Noratis AG was 87.00% per year. The lowest was 7.50% per year. And the median was 12.10% per year.

Back to Basics: PB Ratio

Noratis AG PB Ratio Historical Data

The historical data trend for Noratis AG'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.

Noratis AG PB Ratio Chart

Noratis AG Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

PB Ratio

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1.55

1.45

1.15

0.60

Noratis AG Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
PB Ratio	Get a 7-Day Free Trial											1.27	1.15	0.90	0.60	0.53

Competitive Comparison of Noratis AG's PB Ratio

For the Real Estate - Development subindustry, Noratis AG'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.

Noratis AG's PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Noratis AG's PB Ratio distribution charts can be found below:

* The bar in red indicates where Noratis AG's PB Ratio falls into.

Noratis AG 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.

Noratis AG's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Jun. 2023)
	=	5.20	/	15.706
	=	0.33

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.

Noratis AG (HAM:NUVA) 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.

Noratis AG PB Ratio Related Terms

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Noratis AG (HAM:NUVA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Noratis AG (HAM:NUVA) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

NUVA:Germany

Address

Hauptstrasse 129, Eschborn, HE, DEU, 65760

Website

https://www.noratis.de

Noratis AG is a developer of residential property portfolios. The company invests in residential properties with technical and commercial development potential in Germany, mainly in small and medium-sized towns or on the outskirts of metropolitan areas. The Company specializes in the upgrading of ageing residential portfolios, mostly company-owned apartments, residential areas or housing estates in cities with more than 10,000 inhabitants and in peripheral areas of conurbations.