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NHYDY (Norsk Hydro ASA) PB Ratio : 1.19 (As of Apr. 03, 2025)


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What is Norsk Hydro ASA 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 (2025-04-03), Norsk Hydro ASA's share price is $5.46. Norsk Hydro ASA's Book Value per Share for the quarter that ended in Dec. 2024 was $4.58. Hence, Norsk Hydro ASA's PB Ratio of today is 1.19.

Good Sign:

Norsk Hydro ASA stock PB Ratio (=1.2) is close to 3-year low of 1.1.

The historical rank and industry rank for Norsk Hydro ASA's PB Ratio or its related term are showing as below:

NHYDY' s PB Ratio Range Over the Past 10 Years
Min: 0.51   Med: 1.17   Max: 2.2
Current: 1.12

During the past 13 years, Norsk Hydro ASA's highest PB Ratio was 2.20. The lowest was 0.51. And the median was 1.17.

NHYDY's PB Ratio is ranked better than
59.74% of 2290 companies
in the Metals & Mining industry
Industry Median: 1.43 vs NHYDY: 1.12

During the past 12 months, Norsk Hydro ASA's average Book Value Per Share Growth Rate was 2.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 7.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 7.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 3.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Norsk Hydro ASA was 77.40% per year. The lowest was -21.10% per year. And the median was 5.50% per year.

Back to Basics: PB Ratio


Norsk Hydro ASA PB Ratio Historical Data

The historical data trend for Norsk Hydro ASA'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.

Norsk Hydro ASA PB Ratio Chart

Norsk Hydro ASA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.10 1.73 1.48 1.41 1.20

Norsk Hydro ASA Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24
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 1.32 1.41 1.34 1.37 1.20

Competitive Comparison of Norsk Hydro ASA's PB Ratio

For the Aluminum subindustry, Norsk Hydro ASA'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.


Norsk Hydro ASA's PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Norsk Hydro ASA's PB Ratio distribution charts can be found below:

* The bar in red indicates where Norsk Hydro ASA's PB Ratio falls into.


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Norsk Hydro ASA 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.

Norsk Hydro ASA's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2024)
=5.46/4.575
=1.19

* 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.


Norsk Hydro ASA  (OTCPK:NHYDY) 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.


Norsk Hydro ASA PB Ratio Related Terms

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


Norsk Hydro ASA Business Description

Address
Drammensveien 264, Oslo, NOR, NO-0283
Norsk Hydro ASA is an aluminium and renewable energy company committed to a sustainable future. It's engaged in energy to bauxite mining and alumina refining, primary aluminium, aluminium extrusions, and aluminium recycling. The company's reportable segments are Hydro Bauxite & Alumina, Hydro Aluminium Metal, Hydro Extrusions, Hydro Energy, and Hydro Metal Markets activities. Hydro Extrusions delivers products within extrusion profiles, building systems, and precision tubing, and is operating several recycling facilities, both integrated with its extrusion plants and separate plants. It is delivered to sectors such as construction, automotive and heating, ventilation and air conditioning. Key revenue comes from the Hydro Extrusions segment.

Norsk Hydro ASA Headlines

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