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HLBZF (Heidelberg Materials AG) PB Ratio : 1.24 (As of Dec. 14, 2024)


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What is Heidelberg Materials AG 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 (2024-12-14), Heidelberg Materials AG's share price is $128.75. Heidelberg Materials AG's Book Value per Share for the quarter that ended in Jun. 2024 was $104.14. Hence, Heidelberg Materials AG's PB Ratio of today is 1.24.

Warning Sign:

Heidelberg Materials AG stock PB Ratio (=1.3) is close to 10-year high of 1.33

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

HLBZF' s PB Ratio Range Over the Past 10 Years
Min: 0.39   Med: 0.92   Max: 1.33
Current: 1.3

During the past 13 years, Heidelberg Materials AG's highest PB Ratio was 1.33. The lowest was 0.39. And the median was 0.92.

HLBZF's PB Ratio is ranked worse than
52.84% of 388 companies
in the Building Materials industry
Industry Median: 1.19 vs HLBZF: 1.30

During the past 12 months, Heidelberg Materials AG's average Book Value Per Share Growth Rate was 9.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 12.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 2.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Heidelberg Materials AG was 18.50% per year. The lowest was -14.00% per year. And the median was 5.30% per year.

Back to Basics: PB Ratio


Heidelberg Materials AG PB Ratio Historical Data

The historical data trend for Heidelberg Materials AG'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.

Heidelberg Materials AG PB Ratio Chart

Heidelberg Materials AG 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 0.76 0.92 0.73 0.60 0.77

Heidelberg Materials AG 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 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 0.54 0.60 0.83 0.77 0.98

Competitive Comparison of Heidelberg Materials AG's PB Ratio

For the Building Materials subindustry, Heidelberg Materials AG'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.


Heidelberg Materials AG's PB Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Heidelberg Materials AG's PB Ratio distribution charts can be found below:

* The bar in red indicates where Heidelberg Materials AG's PB Ratio falls into.



Heidelberg Materials AG 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.

Heidelberg Materials AG's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2024)
=128.75/104.142
=1.24

* 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.


Heidelberg Materials AG  (OTCPK:HLBZF) 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.


Heidelberg Materials AG PB Ratio Related Terms

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


Heidelberg Materials AG Business Description

Address
Berliner Strasse 6, Heidelberg, BW, DEU, 69120
Heidelberg Materials is one of the world's largest building materials companies, with operations in 60 countries. Its core activities include the production of cement and aggregates, which are used to construct houses, infrastructure, and commercial facilities. The sale of cement and aggregates accounts for the majority of group revenue and profits. North America is the company's largest market, contributing 29% of EBITDA, followed by Western and Southern Europe, contributing 21%. Heidelberg Materials is listed in Germany and has 55,000 employees.

Heidelberg Materials AG Headlines