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Milano Assicurazioni (LTS:0A1H) PB Ratio : 1.43 (As of May. 26, 2024)


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What is Milano Assicurazioni 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 (2024-05-26), Milano Assicurazioni's share price is €0.94. Milano Assicurazioni's Book Value per Share for the quarter that ended in Sep. 2013 was €0.66. Hence, Milano Assicurazioni's PB Ratio of today is 1.43.

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

LTS:0A1H's PB Ratio is not ranked *
in the Insurance industry.
Industry Median: 1.24
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


Milano Assicurazioni PB Ratio Historical Data

The historical data trend for Milano Assicurazioni'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.

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Milano Assicurazioni PB Ratio Chart

Milano Assicurazioni Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
PB Ratio
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Milano Assicurazioni Quarterly Data
Dec09 Jun10 Mar11 Jun11 Dec11 Jun12 Dec12 Jun13 Sep13
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Competitive Comparison of Milano Assicurazioni's PB Ratio

For the Insurance - Diversified subindustry, Milano Assicurazioni'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.


Milano Assicurazioni's PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Milano Assicurazioni's PB Ratio distribution charts can be found below:

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



Milano Assicurazioni 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.

Milano Assicurazioni's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2013)
=0.94/0.657
=1.43

* 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.


Milano Assicurazioni  (LTS:0A1H) 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.


Milano Assicurazioni PB Ratio Related Terms

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Milano Assicurazioni (LTS:0A1H) Business Description

Traded in Other Exchanges
N/A
Address
Milano Assicurazioni is incorporated in Italy. It is engaged in the insurance sector. The Company offers a range of insurance products, such as car, accident, health, life, railway, aviation, property and credit insurance policies. The Company is also active in the provision of collective insurance policies and pension funds management.

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