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Wacker Chemie AG (XTER:WCH) PB Ratio : 1.13 (As of May. 11, 2024)


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What is Wacker Chemie 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 (2024-05-11), Wacker Chemie AG's share price is €100.85. Wacker Chemie AG's Book Value per Share for the quarter that ended in Dec. 2023 was €88.91. Hence, Wacker Chemie AG's PB Ratio of today is 1.13.

Good Sign:

Wacker Chemie AG stock PB Ratio (=1.15) is close to 3-year low of 1.06

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

XTER:WCH' s PB Ratio Range Over the Past 10 Years
Min: 0.89   Med: 1.94   Max: 5.2
Current: 1.12

During the past 13 years, Wacker Chemie AG's highest PB Ratio was 5.20. The lowest was 0.89. And the median was 1.94.

XTER:WCH's PB Ratio is ranked better than
69.54% of 1530 companies
in the Chemicals industry
Industry Median: 1.645 vs XTER:WCH: 1.12

During the past 12 months, Wacker Chemie AG's average Book Value Per Share Growth Rate was -9.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 39.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 15.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 6.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Wacker Chemie AG was 39.60% per year. The lowest was -19.50% per year. And the median was 6.30% per year.

Back to Basics: PB Ratio


Wacker Chemie AG PB Ratio Historical Data

The historical data trend for Wacker Chemie 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.

Wacker Chemie AG PB Ratio Chart

Wacker Chemie AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.71 3.57 2.17 1.22 1.29

Wacker Chemie AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.17 1.51 1.22 1.40 1.29

Competitive Comparison of Wacker Chemie AG's PB Ratio

For the Specialty Chemicals subindustry, Wacker Chemie 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.


Wacker Chemie AG's PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Wacker Chemie AG's PB Ratio distribution charts can be found below:

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



Wacker Chemie 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=100.85/88.909
=1.13

* 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.


Wacker Chemie AG  (XTER:WCH) 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.


Wacker Chemie AG PB Ratio Related Terms

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


Wacker Chemie AG (XTER:WCH) Business Description

Traded in Other Exchanges
Address
Hanns-Seidel-Platz 4, Munich, BY, DEU, 81737
Wacker Chemie AG manufactures and sells chemicals and silicon-based products. The firm organizes itself into four segments based on product type. The Wacker Silicones segment, which generates the most revenue of any segment, sells silicon- and methanol-based products, including durable insulators, lubricants, and sealants. The Wacker Polymers segment provides chemical binders and additives used in construction industry products. The Wacker Biosolutions segment sells chemicals to the pharmaceutical and agrochemical industries. The Wacker Polysilicon segment sells material for solar power and semiconductors. The majority of revenue comes from Europe, China, India, and South Korea.

Wacker Chemie AG (XTER:WCH) Headlines

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