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 (2024-04-19), Fortune Brands Innovations's share price is $73.51. Fortune Brands Innovations's Book Value per Share for the quarter that ended in Dec. 2023 was $18.16. Hence, Fortune Brands Innovations's PB Ratio of today is 4.05.
The historical rank and industry rank for Fortune Brands Innovations's PB Ratio or its related term are showing as below:
FBIN'
s PB Ratio Range Over the Past 10 Years
Min: 1.8 Med: 3.13 Max: 4.66
Current: 4.05
During the past 13 years, Fortune Brands Innovations's highest PB Ratio was 4.66. The lowest was 1.80. And the median was 3.13.
FBIN's PB Ratio is ranked worse than 86.82% of 1608
companies
in the Construction industry
Industry Median: 1.21
vs FBIN: 4.05
During the past 12 months, Fortune Brands Innovations'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 -3.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 2.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 2.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Fortune Brands Innovations was 13.50% per year. The lowest was -3.20% per year. And the median was 1.75% per year.
Back to Basics: PB Ratio
Fortune Brands Innovations PB Ratio Historical Data
The historical data trend for Fortune Brands Innovations'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.
Fortune Brands Innovations Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
PB Ratio
3.21
3.66
4.03
3.50
4.19
Fortune Brands Innovations Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
PB Ratio
3.50
3.63
4.25
3.61
4.19
Competitive Comparison
For the Building Products & Equipment subindustry, Fortune Brands Innovations'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.
Fortune Brands Innovations PB Ratio Distribution
For the Construction industry and Industrials sector, Fortune Brands Innovations's PB Ratio distribution charts can be found below:
* The bar in red indicates where Fortune Brands Innovations's PB Ratio falls into.
Fortune Brands Innovations 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.
Fortune Brands Innovations'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.
Fortune Brands Innovations (NYSE:FBIN) PB Ratio Explanation
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.
Fortune Brands Innovations PB Ratio Related Terms
Thank you for viewing the detailed overview of Fortune Brands Innovations's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Fortune Brands Innovations (Fortune Brands Innovations) Business Description
Fortune Brands Innovations is a leading home and security products company that operates two segments. The company's $2.6 billion plumbing segment, led by the Moen brand, sells faucets, showers, and other plumbing fixtures, and the $2.2 billion outdoors and security segment sells entry doors under the Therma-Tru brand name, Fiberon-branded patio decking, and locks and other security devices under the Master Lock and SentrySafe brand names.
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