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Castings (STU:9Z9) PB Ratio : 0.82 (As of Dec. 15, 2024)


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What is Castings 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 (2024-12-15), Castings's share price is €2.88. Castings's Book Value per Share for the quarter that ended in Sep. 2024 was €3.49. Hence, Castings's PB Ratio of today is 0.82.

Good Sign:

Castings PLC stock PB Ratio (=0.88) is close to 10-year low of 0.83

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

STU:9Z9' s PB Ratio Range Over the Past 10 Years
Min: 0.83   Med: 1.28   Max: 1.79
Current: 0.88

During the past 13 years, Castings's highest PB Ratio was 1.79. The lowest was 0.83. And the median was 1.28.

STU:9Z9's PB Ratio is ranked better than
80.55% of 2931 companies
in the Industrial Products industry
Industry Median: 2.12 vs STU:9Z9: 0.88

During the past 12 months, Castings's average Book Value Per Share Growth Rate was 0.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 0.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 1.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Castings was 25.80% per year. The lowest was -0.70% per year. And the median was 8.15% per year.

Back to Basics: PB Ratio


Castings PB Ratio Historical Data

The historical data trend for Castings'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.

Castings PB Ratio Chart

Castings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.89 1.20 0.93 1.06 1.00

Castings Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 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 Premium Member Only Premium Member Only 0.89 1.06 1.08 1.00 0.93

Competitive Comparison of Castings's PB Ratio

For the Specialty Industrial Machinery subindustry, Castings'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.


Castings's PB Ratio Distribution in the Industrial Products Industry

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

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



Castings 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.

Castings's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=2.88/3.491
=0.82

* 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.


Castings  (STU:9Z9) 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.


Castings PB Ratio Related Terms

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


Castings Business Description

Traded in Other Exchanges
Address
Lichfield Road, Brownhills, West Midlands, GBR, WS8 6JZ
Castings PLC is an iron casting and machining group based in the UK. The company's operating segment includes Foundry operations and Machining operations. It generates maximum revenue from the Foundry operations segment. Geographically, it derives a majority of its revenue from Sweden and also has a presence in the United Kingdom, Netherlands, Rest of Europe, North and South America, and Other Countries. It serves Commercial vehicles, Automotive, and Other sectors.

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