CLEGF (Coles Group) PB Ratio : 5.31 (As of Dec. 14, 2024)

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What is Coles Group 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 (2024-12-14), Coles Group's share price is $9.5575. Coles Group's Book Value per Share for the quarter that ended in Jun. 2024 was $1.80. Hence, Coles Group's PB Ratio of today is 5.31.

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

CLEGF' s PB Ratio Range Over the Past 10 Years
Min: 5.22 Med: 7.23 Max: 9.76
Current: 7.01

During the past 7 years, Coles Group's highest PB Ratio was 9.76. The lowest was 5.22. And the median was 7.23.

CLEGF's PB Ratio is ranked worse than
90.16% of 305 companies
in the Retail - Defensive industry
Industry Median: 1.84 vs CLEGF: 7.01

During the past 12 months, Coles Group's average Book Value Per Share Growth Rate was 7.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 8.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.60% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Coles Group was 8.70% per year. The lowest was -2.30% per year. And the median was 3.65% per year.

Back to Basics: PB Ratio

Coles Group PB Ratio Historical Data

The historical data trend for Coles Group'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.

Coles Group PB Ratio Chart

Coles Group Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

PB Ratio

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8.37

7.79

7.39

7.55

5.77

Coles Group Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
PB Ratio	Get a 7-Day Free Trial							7.39	5.67	7.55	4.77	5.77

Competitive Comparison of Coles Group's PB Ratio

For the Grocery Stores subindustry, Coles Group'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.

Coles Group's PB Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Coles Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where Coles Group's PB Ratio falls into.

Coles Group 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.

Coles Group's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Jun. 2024)
	=	9.5575	/	1.799
	=	5.31

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Coles Group (OTCPK:CLEGF) 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.

Coles Group PB Ratio Related Terms

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Coles Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Coles Group Ltd (OTCPK:CLEGF) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

2OF:Germany COL:Australia

Address

800-838 Toorak Road, Hawthorn East, Melbourne, VIC, AUS, 3123

Website

https://www.colesgroup.com.au

Coles is one of Australia's largest retailers, operating the second-largest supermarket chain behind market leader Woolworths, and is the country's third-largest liquor retailer. The group has an extensive store network of over 1,800 stores and roughly 80% of Australian live within a 10-minute drive from a Coles store. The retailer employs some 120,000 people, who process 17 million individual customer transactions a week. This compares with Woolworths serving about 30 million customers per week from Australia's population of 25 million.