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RE/MAX Holdings (RE/MAX Holdings) PB Ratio : 0.33 (As of Apr. 25, 2024)


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What is RE/MAX Holdings PB Ratio?

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 (2024-04-25), RE/MAX Holdings's share price is $7.41. RE/MAX Holdings's Book Value per Share for the quarter that ended in Dec. 2023 was $22.50. Hence, RE/MAX Holdings's PB Ratio of today is 0.33.

Good Sign:

RE/MAX Holdings Inc stock PB Ratio (=0.32) is close to 10-year low of 0.32

The historical rank and industry rank for RE/MAX Holdings's PB Ratio or its related term are showing as below:

RMAX' s PB Ratio Range Over the Past 10 Years
Min: 0.32   Med: 1.36   Max: 2.51
Current: 0.33

During the past 13 years, RE/MAX Holdings's highest PB Ratio was 2.51. The lowest was 0.32. And the median was 1.36.

RMAX's PB Ratio is ranked better than
80.4% of 1755 companies
in the Real Estate industry
Industry Median: 0.78 vs RMAX: 0.33

During the past 12 months, RE/MAX Holdings's average Book Value Per Share Growth Rate was -16.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -7.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -3.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 1.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of RE/MAX Holdings was 8.10% per year. The lowest was -7.20% per year. And the median was 1.95% per year.

Back to Basics: PB Ratio


RE/MAX Holdings PB Ratio Historical Data

The historical data trend for RE/MAX Holdings'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.

RE/MAX Holdings PB Ratio Chart

RE/MAX Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.38 1.29 1.13 0.69 0.59

RE/MAX Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.69 0.72 0.73 0.57 0.59

Competitive Comparison of RE/MAX Holdings's PB Ratio

For the Real Estate Services subindustry, RE/MAX Holdings'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.


RE/MAX Holdings's PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, RE/MAX Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where RE/MAX Holdings's PB Ratio falls into.



RE/MAX Holdings 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.

RE/MAX Holdings's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=7.41/22.5
=0.33

* 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.


RE/MAX Holdings  (NYSE:RMAX) 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.


RE/MAX Holdings PB Ratio Related Terms

Thank you for viewing the detailed overview of RE/MAX Holdings's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


RE/MAX Holdings (RE/MAX Holdings) Business Description

Traded in Other Exchanges
Address
5075 South Syracuse Street, Denver, CO, USA, 80237
RE/MAX Holdings Inc operates as a franchisor of real estate brokerage services. It recruits and retains agents and sells franchises. The company's operating segments include Real Estate, Mortgage, Marketing Funds, and Other. It generates maximum revenue from the Real Estate segment.
Executives
Magnolia Capital Fund, Lp 10 percent owner 1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Leah R Jenkins officer: VP, Chief Accounting Officer 5075 S. SYRACUSE ST., DENVER CO 80237
Kathleen J Cunningham director 5075 S. SYRACUSE ST., DENVER CO 80237
Norman K. Jenkins director 9211 GLADYS FARM WAY, GAITHERSBURG MD 20882
Adam W Grosshans officer: VP, Chief Accounting Officer 5075 S SYRACUSE ST, DENVER CO 80218
Katherine Lee Scherping director 6312 SOUTH FIDDLERS GREEN CIRCLE, SUITE 200 NORTH, GREENWOOD VILLAGE CO 80111
Ronald E. Harrison director 5075 S. SYRACUSE ST., DENVER CO 80237
William Grady Ligon officer: Chief Information Officer 5075 S. SYRACUSE ST., DENVER CO 80237
Susan L Winders officer: Vice President General Counsel 5075 S. SYRACUSE ST., DENVER CO 80237
Adam K Peterson 10 percent owner 1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Magnolia Group, Llc 10 percent owner 1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Annita M Menogan director 5075 S. SYRACUSE ST., DENVER CO 80237
Brett A Ritchie officer: VP, Chief Accounting Officer 5075 S. SYRACUSE ST., DENVER CO 80237
Daniel J. Predovich director 5075 S. SYRACUSE ST., DENVER CO 80237
Laura G. Kelly director PO BOX 807, 663 HIGHWAY 60, MONETT MO 65708