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Iniziative Bresciane SpA (MIL:IB) PB Ratio : 1.03 (As of Dec. 11, 2024)


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What is Iniziative Bresciane 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 (2024-12-11), Iniziative Bresciane SpA's share price is €14.40. Iniziative Bresciane SpA's Book Value per Share for the quarter that ended in Jun. 2024 was €13.99. Hence, Iniziative Bresciane SpA's PB Ratio of today is 1.03.

Good Sign:

Iniziative Bresciane SpA stock PB Ratio (=1.04) is close to 10-year low of 0.98

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

MIL:IB' s PB Ratio Range Over the Past 10 Years
Min: 0.98   Med: 1.51   Max: 2.74
Current: 1.04

During the past 11 years, Iniziative Bresciane SpA's highest PB Ratio was 2.74. The lowest was 0.98. And the median was 1.51.

MIL:IB's PB Ratio is ranked better than
57.51% of 426 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.215 vs MIL:IB: 1.04

During the past 12 months, Iniziative Bresciane SpA's average Book Value Per Share Growth Rate was -0.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 0.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 4.00% per year.

During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Iniziative Bresciane SpA was 10.30% per year. The lowest was -3.20% per year. And the median was 4.10% per year.

Back to Basics: PB Ratio


Iniziative Bresciane SpA PB Ratio Historical Data

The historical data trend for Iniziative Bresciane 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.

Iniziative Bresciane SpA PB Ratio Chart

Iniziative Bresciane SpA 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 1.51 1.18 1.37 1.30 1.06

Iniziative Bresciane SpA 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 1.38 1.30 1.07 1.06 1.00

Competitive Comparison of Iniziative Bresciane SpA's PB Ratio

For the Utilities - Renewable subindustry, Iniziative Bresciane 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.


Iniziative Bresciane SpA's PB Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Iniziative Bresciane SpA's PB Ratio distribution charts can be found below:

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



Iniziative Bresciane 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2024)
=14.40/13.99
=1.03

* 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.


Iniziative Bresciane SpA  (MIL:IB) 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.


Iniziative Bresciane SpA PB Ratio Related Terms

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


Iniziative Bresciane SpA Business Description

Traded in Other Exchanges
N/A
Address
Piazza Vittoria 19, Breno, Brescia, ITA, 25043
Iniziative Bresciane SpA is an engineering and construction company. The company design, constructs and operates small and medium-sized hydroelectric plants. The company operates in Italy and its hydroelectric plants are mainly located in the provinces of Brescia, Bergamo, and Cremona.

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