Lindex Group (FRA:SOMB) PB Ratio : 1.50 (As of Jun. 23, 2024)

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What is Lindex 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 (2024-06-23), Lindex Group's share price is €3.395. Lindex Group's Book Value per Share for the quarter that ended in Mar. 2024 was €2.27. Hence, Lindex Group's PB Ratio of today is 1.50.

Warning Sign:

Lindex Group PLC stock PB Ratio (=1.52) is close to 10-year high of 1.52

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

FRA:SOMB' s PB Ratio Range Over the Past 10 Years
Min: 0.07 Med: 0.51 Max: 1.52
Current: 1.52

During the past 13 years, Lindex Group's highest PB Ratio was 1.52. The lowest was 0.07. And the median was 0.51.

FRA:SOMB's PB Ratio is ranked worse than
52.4% of 1061 companies
in the Retail - Cyclical industry
Industry Median: 1.45 vs FRA:SOMB: 1.52

During the past 12 months, Lindex Group's average Book Value Per Share Growth Rate was 1.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -4.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -22.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -20.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Lindex Group was 20.40% per year. The lowest was -38.50% per year. And the median was 1.60% per year.

Back to Basics: PB Ratio

Lindex Group PB Ratio Historical Data

The historical data trend for Lindex 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.

Lindex Group PB Ratio Chart

Lindex Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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0.28

0.38

1.34

0.90

1.18

Lindex Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
PB Ratio	Get a 7-Day Free Trial															0.90	0.92	1.02	1.18	1.40

Competitive Comparison of Lindex Group's PB Ratio

For the Department Stores subindustry, Lindex 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.

Lindex Group's PB Ratio Distribution in the Retail - Cyclical Industry

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

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

Lindex 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.

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

PB Ratio	=	Share Price	/	Book Value per Share (Q: Mar. 2024)
	=	3.395	/	2.267
	=	1.50

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.

Lindex Group (FRA:SOMB) 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.

Lindex Group PB Ratio Related Terms

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

Lindex Group (FRA:SOMB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Lindex Group PLC (FRA:SOMB) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

0MW2:UK LINDEX:Finland

Address

Aleksanterinkatu 52, Helsinki, FIN, FI-00100

Website

https://www.stockmanngroup.com

Stockmann Oyj Abp is a retail trader based in Finland. It sells variants of products and operates under two divisions, which are Lindex and Stockmann. Stockmann has a further classification of Stockmann Retail and Real estate. Stockmann Retail includes non-food department store operations in Finland and non-food and food operations in the Baltic countries. It offers an extensive product range and customer service expertise in an international shopping environment. The Real Estate comprises the properties owned by the Group in Helsinki, St Petersburg, Tallinn, and Riga. The company operates its fashion chains segment through Lindex, which has a wide network of shops and e-commerce businesses throughout the European Union and Norway.

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