Elbit Systems (Elbit Systems) PB Ratio

: 3.02 (As of Today)

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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), Elbit Systems's share price is $200.47. Elbit Systems's Book Value per Share for the quarter that ended in Dec. 2023 was $66.31. Hence, Elbit Systems's PB Ratio of today is 3.02.

Good Sign:

Elbit Systems Ltd stock PB Ratio (=3) is close to 1-year low of 2.81

The historical rank and industry rank for Elbit Systems's PB Ratio or its related term are showing as below:

ESLT' s PB Ratio Range Over the Past 10 Years
Min: 1.58 Med: 2.73 Max: 3.67
Current: 3

During the past 13 years, Elbit Systems's highest PB Ratio was 3.67. The lowest was 1.58. And the median was 2.73.

ESLT's PB Ratio is ranked worse than
59.58% of 287 companies
in the Aerospace & Defense industry
Industry Median: 2.63 vs ESLT: 3.00

During the past 12 months, Elbit Systems's average Book Value Per Share Growth Rate was 6.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 9.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 9.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 9.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Elbit Systems was 25.50% per year. The lowest was 1.10% per year. And the median was 9.70% per year.

Back to Basics: PB Ratio

Elbit Systems PB Ratio Historical Data

The historical data trend for Elbit Systems'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.

Elbit Systems Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

3.20

2.61

3.04

2.64

3.22

Elbit Systems Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio																2.64	2.72	3.32	3.09	3.22

Competitive Comparison

For the Aerospace & Defense subindustry, Elbit Systems'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.

Elbit Systems PB Ratio Distribution

For the Aerospace & Defense industry and Industrials sector, Elbit Systems's PB Ratio distribution charts can be found below:

* The bar in red indicates where Elbit Systems's PB Ratio falls into.

Elbit Systems 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.

Elbit Systems's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	200.47	/	66.305
	=	3.02

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

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Elbit Systems (NAS:ESLT) 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.

Elbit Systems PB Ratio Related Terms

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Elbit Systems (Elbit Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Elbit Systems Ltd (NAS:ESLT) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

ESLT:Israel EB2:Germany

Address

Advanced Technology Center, P.O. Box 539, Haifa, ISR, 3100401

Website

https://www.elbitsystems.com

Elbit Systems Ltd is a technology company involved in producing a portfolio of systems and products for aircraft, land, and naval applications. The company's products are used for defense, homeland security, and commercial flight capabilities. Its systems and solutions may be installed on new platforms, or it may perform a comprehensive modernization program to transform a platform. Elbit Systems gives instructions to its customers on the proper maintenance of its products and will provide support team specialists when the customer cannot fix a problem. The company markets its systems and products as a prime contractor or as a subcontractor to government, defense, and homeland security contractors world wide.