Glencore (FRA:8GC) PB Ratio : 1.47 (As of Dec. 11, 2024)

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What is Glencore 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 (2024-12-11), Glencore's share price is €4.66. Glencore's Book Value per Share for the quarter that ended in Jun. 2024 was €3.17. Hence, Glencore's PB Ratio of today is 1.47.

Good Sign:

Glencore PLC stock PB Ratio (=1.41) is close to 3-year low of 1.3

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

FRA:8GC' s PB Ratio Range Over the Past 10 Years
Min: 0.34 Med: 1.32 Max: 2.45
Current: 1.41

During the past 13 years, Glencore's highest PB Ratio was 2.45. The lowest was 0.34. And the median was 1.32.

FRA:8GC's PB Ratio is ranked worse than
50.52% of 2324 companies
in the Metals & Mining industry
Industry Median: 1.36 vs FRA:8GC: 1.41

During the past 12 months, Glencore's average Book Value Per Share Growth Rate was -7.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 10.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 4.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 2.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Glencore was 90.10% per year. The lowest was -11.00% per year. And the median was 3.00% per year.

Back to Basics: PB Ratio

Glencore PB Ratio Historical Data

The historical data trend for Glencore'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.

Glencore PB Ratio Chart

Glencore Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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1.03

1.12

1.70

1.72

1.65

Glencore Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
PB Ratio	Get a 7-Day Free Trial															1.56	1.72	1.53	1.65	1.67

Competitive Comparison of Glencore's PB Ratio

For the Other Industrial Metals & Mining subindustry, Glencore'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.

Glencore's PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Glencore's PB Ratio distribution charts can be found below:

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

Glencore 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.

Glencore's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Jun. 2024)
	=	4.66	/	3.171
	=	1.47

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.

Glencore (FRA:8GC) 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.

Glencore PB Ratio Related Terms

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

Glencore Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Glencore PLC (FRA:8GC) » Definitions » PB Ratio

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Traded in Other Exchanges

GLN:South Africa GLNCY:USA GLCNF:USA 0IVW:UK GLENl:UK GLEN:UK

Address

Baarermattstrasse 3, Baar, CHE, CH-6340

Website

https://www.glencore.com

Glencore is one of the world's largest commodities traders, active in markets for metals and minerals, energy products, and agricultural goods. The firm's marketing business provides sourcing, logistics, transportation, storage, and financing services to commodity producers and consumers around the globe. Core exposures are in the production of thermal coal, coking coal, copper, zinc, nickel, cobalt, and ferroalloys. Unlike other major miners, Glencore plans to produce thermal coal until its mines exhaust, arguing that it is better for listed, western companies to own these assets and then rehabilitate them consistent with western standards. It also expanded its coking coal exposure via the purchase of 77% of Teck's metallurgical coal business in July 2024.

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