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 (2024-04-26), Badger Meter's share price is $185.69. Badger Meter's Book Value per Share for the quarter that ended in Mar. 2024 was $18.22. Hence, Badger Meter's PB Ratio of today is 10.19.
Warning Sign:
Badger Meter Inc stock PB Ratio (=10.09) is close to 10-year high of 10.33
The historical rank and industry rank for Badger Meter's PB Ratio or its related term are showing as below:
BMI'
s PB Ratio Range Over the Past 10 Years
Min: 3.3 Med: 4.99 Max: 10.33
Current: 10.19
During the past 13 years, Badger Meter's highest PB Ratio was 10.33. The lowest was 3.30. And the median was 4.99.
BMI's PB Ratio is ranked worse than 96.45% of 2391
companies
in the Hardware industry
Industry Median: 1.83
vs BMI: 10.19
During the past 12 months, Badger Meter's average Book Value Per Share Growth Rate was 16.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 12.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 10.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 9.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Badger Meter was 23.90% per year. The lowest was -4.50% per year. And the median was 8.70% per year.
Back to Basics: PB Ratio
Badger Meter PB Ratio Historical Data
The historical data trend for Badger Meter'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 Scientific & Technical Instruments subindustry, Badger Meter'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.
Badger Meter's PB Ratio Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Badger Meter's PB Ratio distribution charts can be found below:
* The bar in red indicates where Badger Meter's PB Ratio falls into.
Badger Meter 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.
Badger Meter'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.
Badger Meter PB Ratio Related Terms
Thank you for viewing the detailed overview of Badger Meter's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Badger Meter Inc is an innovator, manufacturer, and marketer of products incorporating flow measurement, quality, control, and other system solutions serving markets. The company's products measure water, oil, chemicals, and other fluids, and provide and communicate timely measurement data. Badger's product lines include two categories: sales of water meters, radios, software, and related technologies, and water quality monitoring solutions to water utilities (utility water) and sales of meters and other sensing instruments, valves, software, and other solutions for industrial applications in water, wastewater, and other industries (flow instrumentation). It derives a majority of its revenues from the United States.
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