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Infinera (FRA:IX6) PB Ratio : 12.35 (As of Dec. 15, 2024)


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What is Infinera 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), Infinera's share price is €6.30. Infinera's Book Value per Share for the quarter that ended in Sep. 2024 was €0.51. Hence, Infinera's PB Ratio of today is 12.35.

Warning Sign:

Infinera Corp stock PB Ratio (=11.64) is close to 2-year high of 12.91

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

FRA:IX6' s PB Ratio Range Over the Past 10 Years
Min: 0.8   Med: 3.91   Max: 13.28
Current: 11.64

During the past 13 years, Infinera's highest PB Ratio was 13.28. The lowest was 0.80. And the median was 3.91.

FRA:IX6's PB Ratio is ranked worse than
96.34% of 2380 companies
in the Hardware industry
Industry Median: 1.995 vs FRA:IX6: 11.64

During the past 12 months, Infinera's average Book Value Per Share Growth Rate was -28.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -23.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -25.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -15.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Infinera was 66.10% per year. The lowest was -27.40% per year. And the median was -5.75% per year.

Back to Basics: PB Ratio


Infinera PB Ratio Historical Data

The historical data trend for Infinera'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.

Infinera PB Ratio Chart

Infinera 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 3.59 4.92 6.29 8.06 5.02

Infinera 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 5.08 5.02 7.77 11.25 11.76

Competitive Comparison of Infinera's PB Ratio

For the Communication Equipment subindustry, Infinera'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.


Infinera's PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Infinera's PB Ratio distribution charts can be found below:

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



Infinera 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=6.30/0.51
=12.35

* 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.


Infinera  (FRA:IX6) 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.


Infinera PB Ratio Related Terms

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


Infinera Business Description

Traded in Other Exchanges
Address
6373 San Ignacio Avenue, San Jose, CA, USA, 95119
Infinera Corp is a global supplier of networking solutions comprised of networking equipment, software and services. Its portfolio of solutions includes optical transport platforms, converged packet-optical transport platforms, compact modular platforms, optical line systems, coherent optical subsystems, a suite of automation software offerings, and support and professional services. The company's customers include operators of fixed line and mobile networks, including telecommunications service providers, internet content providers, cable providers, wholesale carriers, research and education institutions, large enterprises, utilities and government entities.

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