LED iBond International A/S (OCSE:LEDIBOND) PB Ratio : 1.05 (As of May. 29, 2024)

View and export this data going back to 2020. Start your Free Trial

What is LED iBond International A/S 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 (2024-05-29), LED iBond International A/S's share price is kr0.254. LED iBond International A/S's Book Value per Share for the quarter that ended in Mar. 2024 was kr0.24. Hence, LED iBond International A/S's PB Ratio of today is 1.05.

The historical rank and industry rank for LED iBond International A/S's PB Ratio or its related term are showing as below:

OCSE:LEDIBOND' s PB Ratio Range Over the Past 10 Years
Min: 0.23 Med: 0.95 Max: 10.36
Current: 1.16

During the past 6 years, LED iBond International A/S's highest PB Ratio was 10.36. The lowest was 0.23. And the median was 0.95.

OCSE:LEDIBOND's PB Ratio is ranked better than
74.47% of 2938 companies
in the Industrial Products industry
Industry Median: 1.92 vs OCSE:LEDIBOND: 1.16

During the past 12 months, LED iBond International A/S's average Book Value Per Share Growth Rate was -76.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -50.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -20.10% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of LED iBond International A/S was 45.20% per year. The lowest was -50.30% per year. And the median was -17.10% per year.

Back to Basics: PB Ratio

LED iBond International A/S PB Ratio Historical Data

The historical data trend for LED iBond International A/S'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.

LED iBond International A/S PB Ratio Chart

LED iBond International A/S Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

Get a 7-Day Free Trial

5.42

0.95

0.63

0.93

LED iBond International A/S 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															0.70	0.62	0.54	0.93	1.38

Competitive Comparison of LED iBond International A/S's PB Ratio

For the Electrical Equipment & Parts subindustry, LED iBond International A/S'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.

LED iBond International A/S's PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, LED iBond International A/S's PB Ratio distribution charts can be found below:

* The bar in red indicates where LED iBond International A/S's PB Ratio falls into.

LED iBond International A/S 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.

LED iBond International A/S's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Mar. 2024)
	=	0.254	/	0.243
	=	1.05

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.

LED iBond International A/S (OCSE:LEDIBOND) 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.

LED iBond International A/S PB Ratio Related Terms

Thank you for viewing the detailed overview of LED iBond International A/S's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

LED iBond International A/S (OCSE:LEDIBOND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » LED iBond International A/S (OCSE:LEDIBOND) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Agern Alle 5A, Horsholm, DNK, 2970

Website

https://www.ledibond.com

LED iBond International A/S is a Danish technology company that offers solutions for integrating light and data, based on its deep knowledge of modern LED technology and many years of development. The patented technology includes the lightest and thinnest LED, offering a value proposition combining total design flexibility, full IoT integration, and low total costs of ownership. Its technology has been deployed in many projects, ranging from intelligent shelf lighting to large-scale indoor illumination projects such as the installation of 3.2 kilometers of Tracy, the company's flagship product, at DTU, the Technical University of Denmark.

LED iBond International A/S (OCSE:LEDIBOND) Headlines

No Headlines