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 (2024-04-25), Best Buy Co's share price is $74.43. Best Buy Co's Book Value per Share for the quarter that ended in Jan. 2024 was $14.17. Hence, Best Buy Co's PB Ratio of today is 5.25.
Good Sign:
Best Buy Co Inc stock PB Ratio (=5.25) is close to 3-year low of 4.93
The historical rank and industry rank for Best Buy Co's PB Ratio or its related term are showing as below:
BBY'
s PB Ratio Range Over the Past 10 Years
Min: 2.01 Med: 5.34 Max: 8.15
Current: 5.25
During the past 13 years, Best Buy Co's highest PB Ratio was 8.15. The lowest was 2.01. And the median was 5.34.
BBY's PB Ratio is ranked worse than 85.97% of 1062
companies
in the Retail - Cyclical industry
Industry Median: 1.495
vs BBY: 5.25
During the past 12 months, Best Buy Co's average Book Value Per Share Growth Rate was 10.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -7.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 0.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 0.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Best Buy Co was 131.90% per year. The lowest was -15.70% per year. And the median was 11.90% per year.
Back to Basics: PB Ratio
Best Buy Co PB Ratio Historical Data
The historical data trend for Best Buy Co'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.
For the Specialty Retail subindustry, Best Buy Co'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.
Best Buy Co's PB Ratio Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Best Buy Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Best Buy Co's PB Ratio falls into.
Best Buy Co 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.
Best Buy Co's PB Ratio for today is calculated as follows:
* 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.
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.
Best Buy Co PB Ratio Related Terms
Thank you for viewing the detailed overview of Best Buy Co's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
With $46.3 billion in consolidated fiscal 2023 sales, Best Buy is the largest pure-play consumer electronics retailer in the U.S., boasting roughly 8.5% share of the U.S. market and north of 35% share of offline sales, per our calculations, CTA, and Euromonitor data. The firm generates the bulk of its sales in-store, with mobile phones and tablets, computers, and appliances representing its three largest categories. Recent investments in e-commerce fulfillment, accelerated by the COVID-19 pandemic, have seen the U.S. e-commerce channel roughly double from prepandemic levels, with management estimating that it will represent a mid-30% proportion of sales moving forward.
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