Clevon AS (OTSE:CLEV) PB Ratio : 3.05 (As of May. 25, 2024)

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What is Clevon AS 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 (2024-05-25), Clevon AS's share price is €0.40. Clevon AS's Book Value per Share for the quarter that ended in Jun. 2023 was €0.13. Hence, Clevon AS's PB Ratio of today is 3.05.

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

OTSE:CLEV' s PB Ratio Range Over the Past 10 Years
Min: 0 Med: 0 Max: 3.05
Current: 3.05

During the past 1 years, Clevon AS's highest PB Ratio was 3.05. The lowest was 0.00. And the median was 0.00.

OTSE:CLEV's PB Ratio is not ranked
in the Vehicles & Parts industry.
Industry Median: 1.44 vs OTSE:CLEV: 3.05

Back to Basics: PB Ratio

Clevon AS PB Ratio Historical Data

The historical data trend for Clevon AS'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.

Clevon AS PB Ratio Chart

Clevon AS Annual Data

Trend

Dec22

PB Ratio

7.23

Clevon AS Semi-Annual Data
	Dec22	Jun23
PB Ratio	7.23	5.73

Competitive Comparison of Clevon AS's PB Ratio

For the Auto Manufacturers subindustry, Clevon AS'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.

Clevon AS's PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Clevon AS's PB Ratio distribution charts can be found below:

* The bar in red indicates where Clevon AS's PB Ratio falls into.

Clevon AS 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.

Clevon AS's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Jun. 2023)
	=	0.40	/	0.131
	=	3.05

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.

Clevon AS (OTSE:CLEV) 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.

Clevon AS PB Ratio Related Terms

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