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Verizon Communications (BUE:VZ) PB Ratio : 0.26 (As of Dec. 12, 2024)


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What is Verizon Communications 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 (2024-12-12), Verizon Communications's share price is ARS11275.00. Verizon Communications's Book Value per Share for the quarter that ended in Sep. 2024 was ARS43,499.35. Hence, Verizon Communications's PB Ratio of today is 0.26.

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

BUE:VZ' s PB Ratio Range Over the Past 10 Years
Min: 1.32   Med: 3.99   Max: 22.01
Current: 1.84

During the past 13 years, Verizon Communications's highest PB Ratio was 22.01. The lowest was 1.32. And the median was 3.99.

BUE:VZ's PB Ratio is ranked worse than
50.29% of 350 companies
in the Telecommunication Services industry
Industry Median: 1.83 vs BUE:VZ: 1.84

During the past 12 months, Verizon Communications's average Book Value Per Share Growth Rate was -1.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 10.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 12.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 17.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Verizon Communications was 52.80% per year. The lowest was -38.40% per year. And the median was 2.60% per year.

Back to Basics: PB Ratio


Verizon Communications PB Ratio Historical Data

The historical data trend for Verizon Communications'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.

Verizon Communications PB Ratio Chart

Verizon Communications 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 1.29 1.58 1.35 0.93 1.16

Verizon Communications Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.82 1.16 0.30 0.34 0.32

Competitive Comparison of Verizon Communications's PB Ratio

For the Telecom Services subindustry, Verizon Communications'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.


Verizon Communications's PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Verizon Communications's PB Ratio distribution charts can be found below:

* The bar in red indicates where Verizon Communications's PB Ratio falls into.



Verizon Communications 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.

Verizon Communications's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=11275.00/43499.346
=0.26

* 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.


Verizon Communications  (BUE:VZ) 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.


Verizon Communications PB Ratio Related Terms

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Verizon Communications Business Description

Address
1095 Avenue of the Americas, New York, NY, USA, 10036
Wireless services account for about 70% of Verizon Communications' total service revenue and nearly all of its operating income. The firm serves about 93 million postpaid and 20 million prepaid phone customers via its nationwide network, making it the largest US wireless carrier. Fixed-line telecom operations include local networks in the Northeast, which reach about 30 million homes and businesses and serve about 8 million broadband customers. Verizon also provides telecom services nationwide to enterprise customers, often using a mixture of its own and other carriers' networks. Verizon agreed to acquire Frontier Communications in September 2024.