Cofle SpA (FRA:Y9A) PB Ratio : 1.13 (As of Jun. 25, 2024)

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What is Cofle SpA 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 (2024-06-25), Cofle SpA's share price is €4.90. Cofle SpA's Book Value per Share for the quarter that ended in Dec. 2023 was €4.34. Hence, Cofle SpA's PB Ratio of today is 1.13.

Good Sign:

Cofle SpA stock PB Ratio (=1.23) is close to 3-year low of 1.22

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

FRA:Y9A' s PB Ratio Range Over the Past 10 Years
Min: 1.22 Med: 2.72 Max: 9.82
Current: 1.23

During the past 5 years, Cofle SpA's highest PB Ratio was 9.82. The lowest was 1.22. And the median was 2.72.

FRA:Y9A's PB Ratio is ranked better than
55.56% of 1260 companies
in the Vehicles & Parts industry
Industry Median: 1.38 vs FRA:Y9A: 1.23

During the past 12 months, Cofle SpA's average Book Value Per Share Growth Rate was -4.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 37.90% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Cofle SpA was 61.90% per year. The lowest was 37.90% per year. And the median was 49.90% per year.

Back to Basics: PB Ratio

Cofle SpA PB Ratio Historical Data

The historical data trend for Cofle SpA'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.

Cofle SpA PB Ratio Chart

Cofle SpA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

3.42

2.79

1.82

Cofle SpA Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial				3.42	3.45	2.79	2.90	1.82

Competitive Comparison of Cofle SpA's PB Ratio

For the Auto Parts subindustry, Cofle SpA'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.

Cofle SpA's PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Cofle SpA's PB Ratio distribution charts can be found below:

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

Cofle SpA 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.

Cofle SpA's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	4.90	/	4.335
	=	1.13

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.

Cofle SpA (FRA:Y9A) 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.

Cofle SpA PB Ratio Related Terms

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

Cofle SpA (FRA:Y9A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Cofle SpA (FRA:Y9A) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

CFL:Italy

Address

Via del Ghezzo, 54, Trezzo sullAdda, ITA, 20056

Website

https://www.cofle.com

Cofle SpA designs, produces and sells worldwide control cables and remote control systems for the off-road vehicle, automotive, and automotive after-market sectors. It has two divisions: the Original Equipment Manufacturer (OEM) division through which it manufactures a wide range of highly customized products for customers who install the components on the products sold: through its products, the group deals with customers operating in the agricultural sector, earth-moving and commercial vehicles, and the premium automotive sector; and the After Market (AM) division which manufactures Cofle-branded components such as control cables, brake hoses or EPBs with the same quality as the original for the automotive sector.

Cofle SpA (FRA:Y9A) Headlines

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