Konecranes Oyj (Konecranes Oyj) PB Ratio : 2.49 (As of May. 06, 2024)

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What is Konecranes Oyj 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 (2024-05-06), Konecranes Oyj's share price is $52.50. Konecranes Oyj's Book Value per Share for the quarter that ended in Mar. 2024 was $21.10. Hence, Konecranes Oyj's PB Ratio of today is 2.49.

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

KNCRF' s PB Ratio Range Over the Past 10 Years
Min: 0.94 Med: 2.36 Max: 5.05
Current: 2.57

During the past 13 years, Konecranes Oyj's highest PB Ratio was 5.05. The lowest was 0.94. And the median was 2.36.

KNCRF's PB Ratio is ranked worse than
75.25% of 202 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.52 vs KNCRF: 2.57

During the past 12 months, Konecranes Oyj's average Book Value Per Share Growth Rate was 10.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 8.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 4.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 11.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Konecranes Oyj was 35.90% per year. The lowest was -11.10% per year. And the median was 4.85% per year.

Back to Basics: PB Ratio

Konecranes Oyj PB Ratio Historical Data

The historical data trend for Konecranes Oyj'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.

Konecranes Oyj PB Ratio Chart

Konecranes Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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1.83

1.73

2.38

1.15

2.04

Konecranes Oyj 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															1.18	2.05	1.98	2.04	2.46

Competitive Comparison of Konecranes Oyj's PB Ratio

For the Farm & Heavy Construction Machinery subindustry, Konecranes Oyj'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.

Konecranes Oyj's PB Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Konecranes Oyj's PB Ratio distribution charts can be found below:

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

Konecranes Oyj 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.

Konecranes Oyj's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Mar. 2024)
	=	52.50	/	21.101
	=	2.49

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.

Konecranes Oyj (OTCPK:KNCRF) 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.

Konecranes Oyj PB Ratio Related Terms

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

Konecranes Oyj (Konecranes Oyj) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Konecranes Oyj (OTCPK:KNCRF) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

KNCRY:USA KCRh:UK 0MET:UK KCR:Finland K34:Germany

Address

Koneenkatu 8, P.O. Box 661, Hyvinkaa, FIN, FI-05801

Website

https://www.konecranes.com

Konecranes Oyj provides lifting equipment and services for manufacturing industries, shipyards, ports, and terminals. It offers cranes, material handling solutions, and other components geared toward transporting and organizing supplies. Workstation lifting systems, trucks, and various hoists include advanced technologies to increase control and equipment capabilities. Products are marketed through various brands, and sales offices are in multiple regions. The company's global service network provides a full range of service solutions, specialized maintenance, and modernization services for equipment and tools. Inspections, spare parts, and preventive maintenance programs enhance efficiencies and extend product lifecycles.