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Forbo Holding AG (LTS:0QKD) PB Ratio : 1.90 (As of Dec. 11, 2024)


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What is Forbo Holding 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 (2024-12-11), Forbo Holding AG's share price is CHF808.00. Forbo Holding AG's Book Value per Share for the quarter that ended in Jun. 2024 was CHF425.62. Hence, Forbo Holding AG's PB Ratio of today is 1.90.

Good Sign:

Forbo Holding AG stock PB Ratio (=1.85) is close to 10-year low of 1.85

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

LTS:0QKD' s PB Ratio Range Over the Past 10 Years
Min: 1.85   Med: 3.59   Max: 5.15
Current: 1.92

During the past 13 years, Forbo Holding AG's highest PB Ratio was 5.15. The lowest was 1.85. And the median was 3.59.

LTS:0QKD's PB Ratio is ranked worse than
64.42% of 1678 companies
in the Construction industry
Industry Median: 1.26 vs LTS:0QKD: 1.92

During the past 12 months, Forbo Holding AG's average Book Value Per Share Growth Rate was 10.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -3.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -0.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 0.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Forbo Holding AG was 18.10% per year. The lowest was -3.70% per year. And the median was 2.20% per year.

Back to Basics: PB Ratio


Forbo Holding AG PB Ratio Historical Data

The historical data trend for Forbo Holding 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.

Forbo Holding AG PB Ratio Chart

Forbo Holding 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 3.90 3.52 5.15 2.80 2.68

Forbo Holding 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 3.38 2.80 3.32 2.68 2.47

Competitive Comparison of Forbo Holding AG's PB Ratio

For the Building Products & Equipment subindustry, Forbo Holding 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.


Forbo Holding AG's PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Forbo Holding AG's PB Ratio distribution charts can be found below:

* The bar in red indicates where Forbo Holding AG's PB Ratio falls into.



Forbo Holding 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.

Forbo Holding AG's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2024)
=808.00/425.62
=1.90

* 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.


Forbo Holding AG  (LTS:0QKD) 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.


Forbo Holding AG PB Ratio Related Terms

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


Forbo Holding AG Business Description

Traded in Other Exchanges
Address
Lindenstrasse 8, P.O. Box 1339, Baar, CHE, CH-6341
Forbo Holding AG manufactures and sells flooring and movement systems. The company organizes itself into two segments based on product type. The Flooring Systems segment, which generates the majority of revenue, sells commercial and residential floor coverings, entrance flooring systems, and building and construction flooring adhesives to the construction and remodeling industries. The Movement Systems segment sells conveyor and processing belts, plastic modular belts, power transmission belts, and flat modular belts, to the food, automotive, and fitness equipment industries. The majority of revenue comes from Europe.

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