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 (2024-04-29), Cavco Industries's share price is $372.61. Cavco Industries's Book Value per Share for the quarter that ended in Dec. 2023 was $120.86. Hence, Cavco Industries's PB Ratio of today is 3.08.
The historical rank and industry rank for Cavco Industries's PB Ratio or its related term are showing as below:
CVCO'
s PB Ratio Range Over the Past 10 Years
Min: 1.63 Med: 2.53 Max: 4.89
Current: 3.08
During the past 13 years, Cavco Industries's highest PB Ratio was 4.89. The lowest was 1.63. And the median was 2.53.
CVCO's PB Ratio is ranked worse than 87.25% of 102
companies
in the Homebuilding & Construction industry
Industry Median: 1.145
vs CVCO: 3.08
During the past 12 months, Cavco Industries's average Book Value Per Share Growth Rate was 10.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 19.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 17.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 14.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Cavco Industries was 23.90% per year. The lowest was -0.90% per year. And the median was 12.70% per year.
Back to Basics: PB Ratio
Cavco Industries PB Ratio Historical Data
The historical data trend for Cavco Industries'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.
Competitive Comparison of Cavco Industries's PB Ratio
For the Residential Construction subindustry, Cavco Industries'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.
Cavco Industries's PB Ratio Distribution in the Homebuilding & Construction Industry
For the Homebuilding & Construction industry and Consumer Cyclical sector, Cavco Industries's PB Ratio distribution charts can be found below:
* The bar in red indicates where Cavco Industries's PB Ratio falls into.
Cavco Industries 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.
* 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.
Cavco Industries PB Ratio Related Terms
Thank you for viewing the detailed overview of Cavco Industries's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Cavco Industries (Cavco Industries) Business Description
Cavco Industries Inc designs and produces factory-built homes under the Cavco Homes, Fleetwood Homes, and Palm Harbor Homes brands. It also produces modular homes, park model homes, and vacation cabins, as well as commercial structures, among others. The company operates principally in two segments: Factory-built housing, which includes wholesale and retail systems-built housing operations and financial services, which includes manufactured housing consumer finance and insurance. Cavco received most of its revenues from the Factory-built housing segment.
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