GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Commonwealth Bank of Australia (STU:CWW) » Definitions » PB Ratio

Commonwealth Bank of Australia (STU:CWW) PB Ratio : 3.53 (As of Dec. 11, 2024)


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

What is Commonwealth Bank of Australia 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 (2024-12-11), Commonwealth Bank of Australia's share price is €95.13. Commonwealth Bank of Australia's Book Value per Share for the quarter that ended in Jun. 2024 was €26.96. Hence, Commonwealth Bank of Australia's PB Ratio of today is 3.53.

Warning Sign:

Commonwealth Bank of Australia stock PB Ratio (=3.65) is close to 10-year high of 3.65

The historical rank and industry rank for Commonwealth Bank of Australia's PB Ratio or its related term are showing as below:

STU:CWW' s PB Ratio Range Over the Past 10 Years
Min: 1.47   Med: 2.26   Max: 3.65
Current: 3.65

During the past 13 years, Commonwealth Bank of Australia's highest PB Ratio was 3.65. The lowest was 1.47. And the median was 2.26.

STU:CWW's PB Ratio is ranked worse than
96.86% of 1529 companies
in the Banks industry
Industry Median: 0.94 vs STU:CWW: 3.65

During the past 12 months, Commonwealth Bank of Australia's average Book Value Per Share Growth Rate was 2.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -0.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 1.90% 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 Commonwealth Bank of Australia was 25.80% per year. The lowest was -3.90% per year. And the median was 5.00% per year.

Back to Basics: PB Ratio


Commonwealth Bank of Australia PB Ratio Historical Data

The historical data trend for Commonwealth Bank of Australia'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.

Commonwealth Bank of Australia PB Ratio Chart

Commonwealth Bank of Australia Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.75 2.23 2.10 2.30 2.92

Commonwealth Bank of Australia Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 2.10 2.38 2.30 2.56 2.92

Competitive Comparison of Commonwealth Bank of Australia's PB Ratio

For the Banks - Diversified subindustry, Commonwealth Bank of Australia'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.


Commonwealth Bank of Australia's PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Commonwealth Bank of Australia's PB Ratio distribution charts can be found below:

* The bar in red indicates where Commonwealth Bank of Australia's PB Ratio falls into.



Commonwealth Bank of Australia 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.

Commonwealth Bank of Australia's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2024)
=95.13/26.964
=3.53

* 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.


Commonwealth Bank of Australia  (STU:CWW) 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.


Commonwealth Bank of Australia PB Ratio Related Terms

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


Commonwealth Bank of Australia Business Description

Address
11 Harbour Street, Commonwealth Bank Place South, Level 1, Sydney, NSW, AUS, 2000
Commonwealth Bank is Australia's largest bank with operations spanning Australia, New Zealand, and Asia. Its core business is the provision of retail, business, and institutional banking services. The bank has emphasized its focus on banking in recent years with a numbers of asset divestments in wealth management and insurance.

Commonwealth Bank of Australia Headlines

No Headlines