A.O. Smith (FRA:3SM) PB Ratio : 5.92 (As of Dec. 15, 2024)

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What is A.O. Smith 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 (2024-12-15), A.O. Smith's share price is €69.26. A.O. Smith's Book Value per Share for the quarter that ended in Sep. 2024 was €11.71. Hence, A.O. Smith's PB Ratio of today is 5.92.

Good Sign:

A.O. Smith Corp stock PB Ratio (=5.58) is close to 2-year low of 5.06

The historical rank and industry rank for A.O. Smith's PB Ratio or its related term are showing as below:

FRA:3SM' s PB Ratio Range Over the Past 10 Years
Min: 3.39 Med: 5.46 Max: 7.39
Current: 5.58

During the past 13 years, A.O. Smith's highest PB Ratio was 7.39. The lowest was 3.39. And the median was 5.46.

FRA:3SM's PB Ratio is ranked worse than
85.88% of 2931 companies
in the Industrial Products industry
Industry Median: 2.12 vs FRA:3SM: 5.58

During the past 12 months, A.O. Smith's average Book Value Per Share Growth Rate was 4.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 3.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 4.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 5.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of A.O. Smith was 22.00% per year. The lowest was -3.40% per year. And the median was 5.20% per year.

Back to Basics: PB Ratio

A.O. Smith PB Ratio Historical Data

The historical data trend for A.O. Smith'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.

A.O. Smith PB Ratio Chart

A.O. Smith Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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4.59

4.71

7.30

4.91

6.47

A.O. Smith 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															5.39	6.47	6.98	6.36	6.91

Competitive Comparison of A.O. Smith's PB Ratio

For the Specialty Industrial Machinery subindustry, A.O. Smith'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.

A.O. Smith's PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, A.O. Smith's PB Ratio distribution charts can be found below:

* The bar in red indicates where A.O. Smith's PB Ratio falls into.

A.O. Smith 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.

A.O. Smith's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2024)
	=	69.26	/	11.706
	=	5.92

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.

A.O. Smith (FRA:3SM) 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.

A.O. Smith PB Ratio Related Terms

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A.O. Smith Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » A.O. Smith Corp (FRA:3SM) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

AOS:USA 0L7A:UK 3SM:Germany

Address

11270 West Park Place, P. O. Box 245008, Suite 170, Milwaukee, WI, USA, 53224-9508

Website

https://www.aosmith.com

A.O. Smith Corporation manufactures a broad lineup of water heaters, boilers, and water treatment products. The company has two reporting segments, North America (75% of sales) and rest of world (25% of sales). A.O. Smith is the leading manufacturer of water heaters in North America for both residential and commercial markets, with approximately 37% and 54% market share, respectively. Residential water heaters account for Most of North American sales and are distributed equally through wholesale and retail channels. Most of A.O. Smith's international revenue is from China, a market the company entered during the mid-1990s.

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