Omnova Solutions (Omnova Solutions) PB Ratio : 26.48 (As of May. 05, 2024)

Omnova Solutions PB Ratio Chart

Omnova Solutions Annual Data
	Trend	Nov10	Nov11	Nov12	Nov13	Nov14	Nov15	Nov16	Nov17	Nov18	Nov19
PB Ratio		Get a 7-Day Free Trial					3.09	3.94	13.13	6.35	21.67

Omnova Solutions Quarterly Data
	May15	Aug15	Nov15	Feb16	May16	Aug16	Nov16	Feb17	May17	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20
PB Ratio	Get a 7-Day Free Trial															6.41	4.26	7.68	21.67	26.40

Competitive Comparison of Omnova Solutions's PB Ratio

For the Specialty Chemicals subindustry, Omnova Solutions'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.

Omnova Solutions's PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Omnova Solutions's PB Ratio distribution charts can be found below:

* The bar in red indicates where Omnova Solutions's PB Ratio falls into.

Omnova Solutions 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.

Omnova Solutions's PB Ratio for today is calculated as follows:

* 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.

Omnova Solutions  (NYSE:OMN) 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.

Omnova Solutions PB Ratio Related Terms

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Omnova Solutions (Omnova Solutions) Business Description