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Vimi Fasteners SpA (MIL:VIM) PB Ratio : 0.59 (As of May. 15, 2024)


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What is Vimi Fasteners SpA 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 (2024-05-15), Vimi Fasteners SpA's share price is €1.34. Vimi Fasteners SpA's Book Value per Share for the quarter that ended in Jun. 2023 was €2.29. Hence, Vimi Fasteners SpA's PB Ratio of today is 0.59.

Good Sign:

Vimi Fasteners SpA stock PB Ratio (=0.59) is close to 1-year low of 0.59

The historical rank and industry rank for Vimi Fasteners SpA's PB Ratio or its related term are showing as below:

MIL:VIM' s PB Ratio Range Over the Past 10 Years
Min: 0.33   Med: 1.03   Max: 11.69
Current: 0.59

During the past 8 years, Vimi Fasteners SpA's highest PB Ratio was 11.69. The lowest was 0.33. And the median was 1.03.

MIL:VIM's PB Ratio is ranked better than
91.1% of 2931 companies
in the Industrial Products industry
Industry Median: 1.93 vs MIL:VIM: 0.59

During the past 12 months, Vimi Fasteners SpA's average Book Value Per Share Growth Rate was 6.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -59.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -24.70% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Vimi Fasteners SpA was 29.70% per year. The lowest was -59.70% per year. And the median was 14.00% per year.

Back to Basics: PB Ratio


Vimi Fasteners SpA PB Ratio Historical Data

The historical data trend for Vimi Fasteners SpA'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.

Vimi Fasteners SpA PB Ratio Chart

Vimi Fasteners SpA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
PB Ratio
Get a 7-Day Free Trial 1.58 1.11 0.45 0.71 8.81

Vimi Fasteners SpA Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.75 0.71 0.62 8.81 0.58

Competitive Comparison of Vimi Fasteners SpA's PB Ratio

For the Tools & Accessories subindustry, Vimi Fasteners SpA'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.


Vimi Fasteners SpA's PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Vimi Fasteners SpA's PB Ratio distribution charts can be found below:

* The bar in red indicates where Vimi Fasteners SpA's PB Ratio falls into.



Vimi Fasteners SpA 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.

Vimi Fasteners SpA's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2023)
=1.34/2.288
=0.59

* 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.

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

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.


Vimi Fasteners SpA  (MIL:VIM) 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.


Vimi Fasteners SpA PB Ratio Related Terms

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


Vimi Fasteners SpA (MIL:VIM) Business Description

Traded in Other Exchanges
N/A
Address
Via Labriola, 19, Novellara, Reggio Emilia, ITA, 42017
Vimi Fasteners SpA is an Italy based company. It is engaged in design and manufacture of mechanical fasteners. The company serves different markets namely Automotive, Industrial Engines and Vehicles, Oil and Gas and Aerospace and Motorsport. The company offers Turbocharger, Engine, Manifold and Exhaust System, Power Transmission, Braking System and Suspension and Wheel. The company products are crankcase screws and studs, cylinder head screws, flywheel bolts and others.

Vimi Fasteners SpA (MIL:VIM) Headlines

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