Sherwin Iron (ASX:SHD) PB Ratio : 0.24 (As of Jun. 24, 2024)

Sherwin Iron PB Ratio Chart

Sherwin Iron Annual Data
	Trend	Jun04	Jun05	Jun06	Jun07	Jun08	Jun09	Jun10	Jun11	Jun12	Jun13
PB Ratio		Get a 7-Day Free Trial					0.57	0.76	0.48	0.31	0.26

Sherwin Iron Semi-Annual Data
	Jun04	Dec04	Jun05	Dec05	Jun06	Dec06	Jun07	Dec07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13
PB Ratio	Get a 7-Day Free Trial															0.30	0.26	0.51	0.02	0.88

Competitive Comparison of Sherwin Iron's PB Ratio

For the Steel subindustry, Sherwin Iron'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.

Sherwin Iron's PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Sherwin Iron's PB Ratio distribution charts can be found below:

* The bar in red indicates where Sherwin Iron's PB Ratio falls into.

Sherwin Iron 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.

Sherwin Iron'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.

Sherwin Iron  (ASX:SHD) 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.

Sherwin Iron PB Ratio Related Terms

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Sherwin Iron (ASX:SHD) Business Description