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 (2024-04-23), Westell Technologies's share price is $1.41. Westell Technologies's Book Value per Share for the quarter that ended in Sep. 2023 was $2.76. Hence, Westell Technologies's PB Ratio of today is 0.51.
Good Sign:
Westell Technologies Inc stock PB Ratio (=0.51) is close to 2-year low of 0.51
The historical rank and industry rank for Westell Technologies's PB Ratio or its related term are showing as below:
WSTL'
s PB Ratio Range Over the Past 10 Years
Min: 0.25 Med: 0.83 Max: 3.38
Current: 0.51
During the past 13 years, Westell Technologies's highest PB Ratio was 3.38. The lowest was 0.25. And the median was 0.83.
WSTL's PB Ratio is ranked better than 91.64% of 2392
companies
in the Hardware industry
Industry Median: 1.78
vs WSTL: 0.51
During the past 12 months, Westell Technologies's average Book Value Per Share Growth Rate was 36.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -15.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -4.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -11.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Westell Technologies was 53.50% per year. The lowest was -55.50% per year. And the median was -1.30% per year.
Back to Basics: PB Ratio
Westell Technologies PB Ratio Historical Data
The historical data trend for Westell Technologies'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 Communication Equipment subindustry, Westell Technologies'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.
Westell Technologies PB Ratio Distribution
For the Hardware industry and Technology sector, Westell Technologies's PB Ratio distribution charts can be found below:
* The bar in red indicates where Westell Technologies's PB Ratio falls into.
Westell Technologies 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.
Westell Technologies'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.
Westell Technologies (OTCPK:WSTL) 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.
Westell Technologies PB Ratio Related Terms
Thank you for viewing the detailed overview of Westell Technologies's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Westell Technologies (Westell Technologies) Business Description
Westell Technologies Inc is a provider of wireless network infrastructure solutions. It is organized into the following operating segments, In-Building Wireless (IBW), Intelligent Site Management (ISM), and Communications Network Solutions (CNS). IBW segment solutions enable cellular and public safety coverage in stadiums, arenas, malls, buildings, and other indoor areas not served well or at all by the existing macro outdoor cellular network. ISM segment solutions include a suite of remote units, which provide machine-to-machine communications that enable operators to remotely monitor, manage, and control physical site infrastructure and support systems. The majority of revenue is derived from the CNS segment Geographically, it derives a majority of revenue from the USA.
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