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), ABM Industries's share price is $44.65. ABM Industries's Book Value per Share for the quarter that ended in Jan. 2024 was $28.80. Hence, ABM Industries's PB Ratio of today is 1.55.
The historical rank and industry rank for ABM Industries's PB Ratio or its related term are showing as below:
ABM'
s PB Ratio Range Over the Past 10 Years
Min: 0.9 Med: 1.69 Max: 2.73
Current: 1.55
During the past 13 years, ABM Industries's highest PB Ratio was 2.73. The lowest was 0.90. And the median was 1.69.
ABM's PB Ratio is ranked better than 56.03% of 1028
companies
in the Business Services industry
Industry Median: 1.765
vs ABM: 1.55
During the past 12 months, ABM Industries's average Book Value Per Share Growth Rate was 9.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 8.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 5.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 5.50% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of ABM Industries was 13.60% per year. The lowest was -2.60% per year. And the median was 7.40% per year.
Back to Basics: PB Ratio
ABM Industries PB Ratio Historical Data
The historical data trend for ABM 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.
For the Specialty Business Services subindustry, ABM 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.
ABM Industries PB Ratio Distribution
For the Business Services industry and Industrials sector, ABM Industries's PB Ratio distribution charts can be found below:
* The bar in red indicates where ABM Industries's PB Ratio falls into.
ABM 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.
ABM Industries'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.
ABM Industries PB Ratio Related Terms
Thank you for viewing the detailed overview of ABM Industries's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
ABM Industries (ABM Industries) Business Description
ABM Industries Inc is a provider of integrated facility solutions. It offers its solutions through five segments: Business and Industry, Manufacturing and Distribution, Education, Aviation and Technical solutions. The company derives the majority of its revenue from the business and industry segment, which encompasses janitorial, facilities engineering, and parking services for commercial real estate properties and sports and entertainment venues, as well as vehicle maintenance and other services to rental car providers. The company mainly operates in the United States of America.
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