Harju Elekter Group (OTSE:HAE1T) PB Ratio : 0.91 (As of Dec. 14, 2024)

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What is Harju Elekter Group 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), Harju Elekter Group's share price is €4.60. Harju Elekter Group's Book Value per Share for the quarter that ended in Sep. 2024 was €5.04. Hence, Harju Elekter Group's PB Ratio of today is 0.91.

Good Sign:

Harju Elekter Group stock PB Ratio (=0.91) is close to 5-year low of 0.91

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

OTSE:HAE1T' s PB Ratio Range Over the Past 10 Years
Min: 0.73 Med: 1.14 Max: 2.1
Current: 0.92

During the past 13 years, Harju Elekter Group's highest PB Ratio was 2.10. The lowest was 0.73. And the median was 1.14.

OTSE:HAE1T's PB Ratio is ranked better than
79.43% of 2931 companies
in the Industrial Products industry
Industry Median: 2.12 vs OTSE:HAE1T: 0.92

During the past 12 months, Harju Elekter Group's average Book Value Per Share Growth Rate was -0.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 5.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 3.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Harju Elekter Group was 16.70% per year. The lowest was -10.40% per year. And the median was 4.90% per year.

Back to Basics: PB Ratio

Harju Elekter Group PB Ratio Historical Data

The historical data trend for Harju Elekter Group'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.

Harju Elekter Group PB Ratio Chart

Harju Elekter Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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1.11

1.25

1.54

1.15

1.02

Harju Elekter Group Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
PB Ratio	Get a 7-Day Free Trial															0.99	1.02	0.98	0.96	0.92

Competitive Comparison of Harju Elekter Group's PB Ratio

For the Electrical Equipment & Parts subindustry, Harju Elekter Group'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.

Harju Elekter Group's PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Harju Elekter Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where Harju Elekter Group's PB Ratio falls into.

Harju Elekter Group 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.

Harju Elekter Group's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2024)
	=	4.60	/	5.04
	=	0.91

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Harju Elekter Group (OTSE:HAE1T) 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.

Harju Elekter Group PB Ratio Related Terms

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Harju Elekter Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Harju Elekter Group (OTSE:HAE1T) » Definitions » PB Ratio

Traded in Other Exchanges

N/A

Address

Paldiski maantee 31/2, Keila, EST, 76606

Website

https://www.harjuelekter.com

Harju Elekter Group is an Estonia-based company engaged in the production of electrical equipment. The company operates in two segments including Production and Real estate. The Production segment includes factories producing power distribution and control equipment in Estonia, Finland, Sweden, and Lithuania. The core production of factories consists of equipment for the distribution of medium and low-voltage electricity, various electrical power switching and conversion devices, and automation and control centers for use by the energy, industrial, and maritime sectors, and infrastructure objects. The Real estate segment includes the development, project management, leasing, and other related services of industrial real estate for leasing partners and the group's companies.

Harju Elekter Group Headlines

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