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Alm Brand A/S (OCSE:ALMB) PB Ratio : 1.42 (As of May. 05, 2024)


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What is Alm Brand A/S 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 (2024-05-05), Alm Brand A/S's share price is kr13.05. Alm Brand A/S's Book Value per Share for the quarter that ended in Mar. 2024 was kr9.16. Hence, Alm Brand A/S's PB Ratio of today is 1.42.

The historical rank and industry rank for Alm Brand A/S's PB Ratio or its related term are showing as below:

OCSE:ALMB' s PB Ratio Range Over the Past 10 Years
Min: 0.69   Med: 1.56   Max: 2.94
Current: 1.42

During the past 13 years, Alm Brand A/S's highest PB Ratio was 2.94. The lowest was 0.69. And the median was 1.56.

OCSE:ALMB's PB Ratio is ranked worse than
57.76% of 483 companies
in the Insurance industry
Industry Median: 1.22 vs OCSE:ALMB: 1.42

During the past 12 months, Alm Brand A/S's average Book Value Per Share Growth Rate was 1.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 3.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 5.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 3.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Alm Brand A/S was 53.20% per year. The lowest was -38.90% per year. And the median was 4.75% per year.

Back to Basics: PB Ratio


Alm Brand A/S PB Ratio Historical Data

The historical data trend for Alm Brand A/S'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.

Alm Brand A/S PB Ratio Chart

Alm Brand A/S 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 1.99 2.19 1.43 1.25 1.32

Alm Brand A/S 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 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 1.42 1.20 1.18 1.32 1.44

Competitive Comparison of Alm Brand A/S's PB Ratio

For the Insurance - Diversified subindustry, Alm Brand A/S'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.


Alm Brand A/S's PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Alm Brand A/S's PB Ratio distribution charts can be found below:

* The bar in red indicates where Alm Brand A/S's PB Ratio falls into.



Alm Brand A/S 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.

Alm Brand A/S's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=13.05/9.16
=1.42

* 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.


Alm Brand A/S  (OCSE:ALMB) 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.


Alm Brand A/S PB Ratio Related Terms

Thank you for viewing the detailed overview of Alm Brand A/S's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Alm Brand A/S (OCSE:ALMB) Business Description

Traded in Other Exchanges
Address
Midtermolen 7, Copenhagen, DNK, DK-2100
Alm Brand A/S is a Danish investment holding company that its subsidiaries operate within the financial services, non-life insurance, life insurance, and banking industries. The non-life insurance segment exclusively services clients ranging from private customers to small and medium-size enterprises, among others. The life insurance segment offers life insurance, pension savings, and pension insurance. The banking segment offers services such as bond, equity, currency trading, asset servicing, leasing, and private banking to private and commercial clients. The non-life insurance business is the core business of the firm and generates a vast majority of its income.

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