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Aker Solutions ASA (STU:1AKA) PB Ratio : 1.11 (As of May. 16, 2024)


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What is Aker Solutions ASA 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), Aker Solutions ASA's share price is €3.744. Aker Solutions ASA's Book Value per Share for the quarter that ended in Dec. 2023 was €3.39. Hence, Aker Solutions ASA's PB Ratio of today is 1.11.

The historical rank and industry rank for Aker Solutions ASA's PB Ratio or its related term are showing as below:

STU:1AKA' s PB Ratio Range Over the Past 10 Years
Min: 0.09   Med: 1.33   Max: 3.35
Current: 1.13

During the past 13 years, Aker Solutions ASA's highest PB Ratio was 3.35. The lowest was 0.09. And the median was 1.33.

STU:1AKA's PB Ratio is ranked better than
57.19% of 988 companies
in the Oil & Gas industry
Industry Median: 1.24 vs STU:1AKA: 1.13

During the past 12 months, Aker Solutions ASA's average Book Value Per Share Growth Rate was 105.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 34.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -1.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 0.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Aker Solutions ASA was 34.60% per year. The lowest was -21.20% per year. And the median was 0.30% per year.

Back to Basics: PB Ratio


Aker Solutions ASA PB Ratio Historical Data

The historical data trend for Aker Solutions ASA'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.

Aker Solutions ASA PB Ratio Chart

Aker Solutions ASA 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 0.64 1.01 1.49 1.91 1.10

Aker Solutions ASA Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 1.49 1.52 1.91 1.81 1.10

Competitive Comparison of Aker Solutions ASA's PB Ratio

For the Oil & Gas Equipment & Services subindustry, Aker Solutions ASA'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.


Aker Solutions ASA's PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Aker Solutions ASA's PB Ratio distribution charts can be found below:

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



Aker Solutions ASA 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=3.744/3.387
=1.11

* 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.


Aker Solutions ASA  (STU:1AKA) 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.


Aker Solutions ASA PB Ratio Related Terms

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


Aker Solutions ASA (STU:1AKA) Business Description

Address
Oksenoyveien 8, Lysaker, Fornebu, NOR, 1366
Aker Solutions ASA delivers integrated solutions, products, and services to the global energy industry. The company offers low-carbon oil and gas solutions and develops renewable solutions. Aker Solutions serves customers worldwide. Its reporting segments include Renewables and Field Development segment, the Electrification, Maintenance and Modifications (EMM) segment, Subsea segment, and Other.

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