GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Momentum Group AB (OSTO:MMGR B) » Definitions » PB Ratio

Momentum Group AB (OSTO:MMGR B) PB Ratio : 12.81 (As of Dec. 14, 2024)


View and export this data going back to 2022. Start your Free Trial

What is Momentum Group AB 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 (2024-12-14), Momentum Group AB's share price is kr178.00. Momentum Group AB's Book Value per Share for the quarter that ended in Sep. 2024 was kr13.90. Hence, Momentum Group AB's PB Ratio of today is 12.81.

Warning Sign:

Momentum Group AB stock PB Ratio (=12.89) is close to 3-year high of 14.13

The historical rank and industry rank for Momentum Group AB's PB Ratio or its related term are showing as below:

OSTO:MMGR B' s PB Ratio Range Over the Past 10 Years
Min: 5.63   Med: 9.1   Max: 14.13
Current: 12.86

During the past 6 years, Momentum Group AB's highest PB Ratio was 14.13. The lowest was 5.63. And the median was 9.10.

OSTO:MMGR B's PB Ratio is ranked worse than
98.71% of 155 companies
in the Industrial Distribution industry
Industry Median: 1.13 vs OSTO:MMGR B: 12.86

During the past 12 months, Momentum Group AB's average Book Value Per Share Growth Rate was 18.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 34.50% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Momentum Group AB was 52.90% per year. The lowest was 34.50% per year. And the median was 43.70% per year.

Back to Basics: PB Ratio


Momentum Group AB PB Ratio Historical Data

The historical data trend for Momentum Group AB'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.

Momentum Group AB PB Ratio Chart

Momentum Group AB Annual Data
Trend Mar18 Mar19 Mar20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial - - - 5.78 10.45

Momentum Group AB Quarterly Data
Mar19 Mar20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 8.41 10.45 9.62 13.39 13.07

Competitive Comparison of Momentum Group AB's PB Ratio

For the Industrial Distribution subindustry, Momentum Group AB'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.


Momentum Group AB's PB Ratio Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Momentum Group AB's PB Ratio distribution charts can be found below:

* The bar in red indicates where Momentum Group AB's PB Ratio falls into.



Momentum Group AB 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.

Momentum Group AB's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=178.00/13.899
=12.81

* 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.


Momentum Group AB  (OSTO:MMGR B) 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.


Momentum Group AB PB Ratio Related Terms

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


Momentum Group AB Business Description

Traded in Other Exchanges
Address
Ostermalmsgatan 87 E, Stockholm, SWE, SE-114 59
Momentum Group AB operates, develops, and acquires successful sustainable companies in the Nordic region through active ownership with decentralized profit and business responsibility. The group consists of some companies that together constitute one of the Nordic region's key suppliers of industrial components, industrial services, and other related services in the industrial sector.

Momentum Group AB Headlines

No Headlines