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Downer EDI (ASX:DOW) PB Ratio : 1.35 (As of May. 03, 2024)


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What is Downer EDI 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 (2024-05-03), Downer EDI's share price is A$4.63. Downer EDI's Book Value per Share for the quarter that ended in Dec. 2023 was A$3.43. Hence, Downer EDI's PB Ratio of today is 1.35.

The historical rank and industry rank for Downer EDI's PB Ratio or its related term are showing as below:

ASX:DOW' s PB Ratio Range Over the Past 10 Years
Min: 0.62   Med: 1.25   Max: 1.93
Current: 1.36

During the past 13 years, Downer EDI's highest PB Ratio was 1.93. The lowest was 0.62. And the median was 1.25.

ASX:DOW's PB Ratio is ranked worse than
54.28% of 1614 companies
in the Construction industry
Industry Median: 1.24 vs ASX:DOW: 1.36

During the past 12 months, Downer EDI's average Book Value Per Share Growth Rate was -17.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -5.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -5.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -0.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Downer EDI was 12.70% per year. The lowest was -7.70% per year. And the median was 2.10% per year.

Back to Basics: PB Ratio


Downer EDI PB Ratio Historical Data

The historical data trend for Downer EDI'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.

Downer EDI PB Ratio Chart

Downer EDI Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.51 1.05 1.32 1.20 1.21

Downer EDI Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 1.41 1.20 0.89 1.21 1.28

Competitive Comparison of Downer EDI's PB Ratio

For the Engineering & Construction subindustry, Downer EDI'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.


Downer EDI's PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Downer EDI's PB Ratio distribution charts can be found below:

* The bar in red indicates where Downer EDI's PB Ratio falls into.



Downer EDI 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.

Downer EDI's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=4.63/3.428
=1.35

* 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.


Downer EDI  (ASX:DOW) 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.


Downer EDI PB Ratio Related Terms

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


Downer EDI (ASX:DOW) Business Description

Traded in Other Exchanges
Address
39 Delhi Road, Level 2, Triniti III, Triniti Business Campus, North Ryde, NSW, AUS, 2113
Downer operates engineering, construction, and maintenance; transport; technology and communications; utilities; and rail units. The future of Downer is focused on urban services, and mining and high-risk construction businesses have been sold. The engineering, construction, and maintenance business had exposure to mining and energy projects through consulting services. The mining division had provided contracted mining services. The rail division services and maintains passenger rolling stock, including locomotives and wagons.

Downer EDI (ASX:DOW) Headlines

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