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Australia and New Zealand Banking Group Limited (OTCPK:ANZBY)
P/B Ratio
2.10 (As of Today)

As of today, Australia and New Zealand Banking Group Limited's share price is $31.71. Australia and New Zealand Banking Group Limited's Book Value per Share for the quarter that ended in Sep. 2013 was $15.51. Hence, Australia and New Zealand Banking Group Limited's P/B Ratio of today is 2.10.

ANZBY' s 10-Year P/B Ratio Range
Min: 0.96   Max: 3.02
Current: 2.1

0.96
3.02

During the past 13 years, Australia and New Zealand Banking Group Limited's highest P/B Ratio was 3.02. The lowest was 0.96. And the median was 1.94.

ANZBY's P/B Ratiois ranked lower than
63% of the 1477 Companies
in the Global Banks - Regional - Australia industry.

( Industry Median: 1.10 vs. ANZBY: 2.10 )

Australia and New Zealand Banking Group Limited's Book Value per Share for the quarter that ended in Sep. 2013 was $15.51.

During the past 12 months, Australia and New Zealand Banking Group Limited's average Book Value Per Share Growth Rate was 9.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 7.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 6.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Australia and New Zealand Banking Group Limited was 15.40% per year. The lowest was 3.90% per year. And the median was 7.20% per year.


Definition

Australia and New Zealand Banking Group Limited's P/B ratio for today is calculated as follows:

P/B Ratio=Share Price/Book Value per Share (Q: Sep. 2013 )
=31.71/15.51
=2.04

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

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

A closely related ratio is called Price-to-Tangible-Book Ratio. The difference between Price-to-Tangible-Book Ratio and Price-to-Book Ratio is that book value other than intangibles are used in the calculation.


Explanation

Unlike valuation ratios relative to the earning power such as P/E ratio, P/S ratio or Price-to-Free-Cash-Flow ratio, the Price-to-Book Ratio measures the valuation of the stock relative to the underlying asset of the company.

The Price-to-Book 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 Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


Related Terms

Book Value per Share, Market Cap, Total Equity, Preferred Stock, P/E ratio, P/S ratio, Price-to-Free-Cash-Flow ratio, Price-to-Tangible-Book Ratio


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Australia and New Zealand Banking Group Limited Annual Data

Sep04Sep05Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13
pb 2.022.522.562.561.801.881.801.301.681.84

Australia and New Zealand Banking Group Limited Semi-Annual Data

Mar09Sep09Mar10Sep10Mar11Sep11Mar12Sep12Mar13Sep13
pb 1.321.882.001.801.771.301.641.681.901.84
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