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Preformed Line Products Co (Preformed Line Products Co) PB Ratio : 1.47 (As of Apr. 27, 2024)


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What is Preformed Line Products Co 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 (2024-04-27), Preformed Line Products Co's share price is $124.71. Preformed Line Products Co's Book Value per Share for the quarter that ended in Dec. 2023 was $84.79. Hence, Preformed Line Products Co's PB Ratio of today is 1.47.

Good Sign:

Preformed Line Products Co stock PB Ratio (=1.46) is close to 1-year low of 1.42

The historical rank and industry rank for Preformed Line Products Co's PB Ratio or its related term are showing as below:

PLPC' s PB Ratio Range Over the Past 10 Years
Min: 0.71   Med: 1.13   Max: 2.21
Current: 1.47

During the past 13 years, Preformed Line Products Co's highest PB Ratio was 2.21. The lowest was 0.71. And the median was 1.13.

PLPC's PB Ratio is ranked better than
62.65% of 2926 companies
in the Industrial Products industry
Industry Median: 1.9 vs PLPC: 1.47

During the past 12 months, Preformed Line Products Co's average Book Value Per Share Growth Rate was 16.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 12.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 11.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 6.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Preformed Line Products Co was 15.20% per year. The lowest was -2.30% per year. And the median was 7.20% per year.

Back to Basics: PB Ratio


Preformed Line Products Co PB Ratio Historical Data

The historical data trend for Preformed Line Products Co'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.

Preformed Line Products Co PB Ratio Chart

Preformed Line Products Co 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 1.12 1.15 1.00 1.14 1.58

Preformed Line Products Co 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 1.14 1.66 1.93 1.99 1.58

Competitive Comparison of Preformed Line Products Co's PB Ratio

For the Electrical Equipment & Parts subindustry, Preformed Line Products Co'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.


Preformed Line Products Co's PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Preformed Line Products Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Preformed Line Products Co's PB Ratio falls into.



Preformed Line Products Co 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.

Preformed Line Products Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=124.71/84.786
=1.47

* 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.


Preformed Line Products Co  (NAS:PLPC) 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.


Preformed Line Products Co PB Ratio Related Terms

Thank you for viewing the detailed overview of Preformed Line Products Co's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Preformed Line Products Co (Preformed Line Products Co) Business Description

Traded in Other Exchanges
Address
660 Beta Drive, Mayfield Village, Cleveland, OH, USA, 44143
Preformed Line Products Co is a designer and manufacturer of products and systems for constructing and maintaining overhead and underground networks for energy, telecommunication, cable operators, data communication, and other industries. In addition, it provides solar hardware systems and mounting hardware for a variety of solar power applications. Its products consist of Energy Products, Communications Products, and Special Industries Products. The company's majority of the revenue is derived from the sale of products in the United States with operations also in The Americas, Europe, the Middle East and Africa, and Asia-Pacific. The revenue gets driven by Energy products which comprise protecting transmission conductors, spacers, spacer-dampers, and Stockbridge dampers.
Executives
Michael E Gibbons director 15885 SPRAGUE RD, STRONGSVILLE OH 44136-1799
Katherine E. Wensink 10 percent owner 600 SUPERIOR AVENUE, EAST, SUITE 2100, CLEVELAND OH 44114
Barbara P Ruhlman Irrevocable Trust Dated 7/29/08 10 percent owner P.O. BOX 91129, CLEVELAND OH 44101
Barbara P Ruhlman Revocable Trust Dated 9/21/16 10 percent owner 660 BETA DRIVE, MAYFIELD VILLAGE OH 44143
Randall M Ruhlman 10 percent owner C/O PREFORMED LINE PRODUCTS, PO BOX 91129, CLEVELAND OH 44101
Robert G Ruhlman director, 10 percent owner C/O BAKER HOSTETLER LLP, 1900 EAST NINTH ST, CLEVELAND OH 44114
Third Restatement Of Barbara P. Ruhlman Trust Agreement, Dated November 20, 2008 10 percent owner C/O MCDONALD HOPKINS LLC, 600 SUPERIOR AVENUE, EAST SUITE 2100, CLEVELAND OH 44114
Bernard L. Karr 10 percent owner 600 SUPERIOR AVENUE, EAST, SUITE 2100, CLEVELAND OH 44114
Andrew S Klaus officer: CFO 660 BETA DRIVE, MAYFIELD VILLAGE OH 44143
John J Olenik officer: VP-Research & Engineering 660 BETA DRIVE, MAYFIELD VILLAGE OH 44143
Timothy O'shaughnessy officer: V.P. Human Resources 660 BETA DR, MAYFIELD VILLAGE OH 44143
Curlee J Cecil Jr officer: V.P. - Human Resources C/O PREFORMED LINE PRODUCTS, PO BOX 91129, CLEVELAND OH 44101
C Sunkle David officer: VP-Research & Engineering P.O. BOX 91129, CLEVELAND OH 44101
Michael A Weisbarth officer: VP-Finance & Treasurer 660 BETA DRIVE, MAYFIELD VILLAGE OH 44143
Barbara P Ruhlman 10 percent owner C/O BAKER HOSTETLER LLP, 1900 EAST NINTH ST, CLEVELAND OH 44114

Preformed Line Products Co (Preformed Line Products Co) Headlines