AS Harju Elekter (OTSE:HAE1T) PB Ratio : 1.08 (As of May. 16, 2024)

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What is AS Harju Elekter 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 (2024-05-16), AS Harju Elekter's share price is €5.27. AS Harju Elekter's Book Value per Share for the quarter that ended in Mar. 2024 was €4.90. Hence, AS Harju Elekter's PB Ratio of today is 1.08.

Good Sign:

AS Harju Elekter stock PB Ratio (=0.99) is close to 5-year low of 0.96

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

OTSE:HAE1T' s PB Ratio Range Over the Past 10 Years
Min: 0.73 Med: 1.12 Max: 2.1
Current: 1.07

During the past 13 years, AS Harju Elekter's highest PB Ratio was 2.10. The lowest was 0.73. And the median was 1.12.

OTSE:HAE1T's PB Ratio is ranked better than
78.38% of 2932 companies
in the Industrial Products industry
Industry Median: 1.92 vs OTSE:HAE1T: 1.07

During the past 12 months, AS Harju Elekter's average Book Value Per Share Growth Rate was 11.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 5.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 3.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of AS Harju Elekter was 16.70% per year. The lowest was -10.40% per year. And the median was 4.90% per year.

Back to Basics: PB Ratio

AS Harju Elekter PB Ratio Historical Data

The historical data trend for AS Harju Elekter'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.

AS Harju Elekter PB Ratio Chart

AS Harju Elekter Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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1.11

1.25

1.54

1.15

1.02

AS Harju Elekter 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															1.14	1.02	0.99	1.02	0.98

Competitive Comparison of AS Harju Elekter's PB Ratio

For the Electrical Equipment & Parts subindustry, AS Harju Elekter'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.

AS Harju Elekter's PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, AS Harju Elekter's PB Ratio distribution charts can be found below:

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

AS Harju Elekter 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.

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

PB Ratio	=	Share Price	/	Book Value per Share (Q: Mar. 2024)
	=	5.27	/	4.896
	=	1.08

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.

AS Harju Elekter (OTSE:HAE1T) 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.

AS Harju Elekter PB Ratio Related Terms

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AS Harju Elekter (OTSE:HAE1T) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » AS Harju Elekter (OTSE:HAE1T) » Definitions » PB Ratio

Traded in Other Exchanges

HD8:Germany

Address

Paldiski maantee 31, Keila, EST, 76606

Website

https://www.harjuelekter.com

AS Harju Elekter is an Estonia-based company engaged in the production of electrical equipment. The company operates in two segments including Production and Real estate. The Production segment includes factories producing power distribution and control equipment in Estonia, Finland, Sweden, and Lithuania. The core production of factories consists of equipment for the distribution of medium and low-voltage electricity, various electrical power switching and conversion devices, and automation and control centers for use by the energy, industrial, and maritime sectors, and infrastructure objects. The Real estate segment includes the development, project management, leasing, and other related services of industrial real estate for leasing partners and the group's companies.

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