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Besqab AB (publ) (OSTO:BESQAB) PB Ratio : 0.85 (As of May. 16, 2024)


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What is Besqab AB (publ) 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 (2024-05-16), Besqab AB (publ)'s share price is kr28.10. Besqab AB (publ)'s Book Value per Share for the quarter that ended in Dec. 2023 was kr33.10. Hence, Besqab AB (publ)'s PB Ratio of today is 0.85.

The historical rank and industry rank for Besqab AB (publ)'s PB Ratio or its related term are showing as below:

OSTO:BESQAB' s PB Ratio Range Over the Past 10 Years
Min: 0.72   Med: 2.05   Max: 3.15
Current: 0.85

During the past 6 years, Besqab AB (publ)'s highest PB Ratio was 3.15. The lowest was 0.72. And the median was 2.05.

OSTO:BESQAB's PB Ratio is ranked worse than
51.17% of 1757 companies
in the Real Estate industry
Industry Median: 0.82 vs OSTO:BESQAB: 0.85

During the past 12 months, Besqab AB (publ)'s average Book Value Per Share Growth Rate was 1.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 26.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 18.50% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Besqab AB (publ) was 26.30% per year. The lowest was 11.30% per year. And the median was 23.90% per year.

Back to Basics: PB Ratio


Besqab AB (publ) PB Ratio Historical Data

The historical data trend for Besqab AB (publ)'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.

Besqab AB (publ) PB Ratio Chart

Besqab AB (publ) Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial - - 2.87 1.25 0.98

Besqab AB (publ) Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.25 1.17 0.93 1.01 0.98

Competitive Comparison of Besqab AB (publ)'s PB Ratio

For the Real Estate - Development subindustry, Besqab AB (publ)'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.


Besqab AB (publ)'s PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Besqab AB (publ)'s PB Ratio distribution charts can be found below:

* The bar in red indicates where Besqab AB (publ)'s PB Ratio falls into.



Besqab AB (publ) 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.

Besqab AB (publ)'s PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=28.10/33.095
=0.85

* 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.


Besqab AB (publ)  (OSTO:BESQAB) 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.


Besqab AB (publ) PB Ratio Related Terms

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Besqab AB (publ) (OSTO:BESQAB) Business Description

Traded in Other Exchanges
Address
Hamngatan 13, Stockholm, SWE, 11147
Aros Bostadsutveckling AB is a property development company. It primarily focuses on residential housing in the Mälardalen area in Sweden.

Besqab AB (publ) (OSTO:BESQAB) Headlines

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