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Cogeco Communications (TSX:CCA) PB Ratio : 1.01 (As of Dec. 11, 2024)


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What is Cogeco Communications 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), Cogeco Communications's share price is C$71.79. Cogeco Communications's Book Value per Share for the quarter that ended in Aug. 2024 was C$70.90. Hence, Cogeco Communications's PB Ratio of today is 1.01.

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

TSX:CCA' s PB Ratio Range Over the Past 10 Years
Min: 0.73   Med: 1.99   Max: 2.9
Current: 1.01

During the past 13 years, Cogeco Communications's highest PB Ratio was 2.90. The lowest was 0.73. And the median was 1.99.

TSX:CCA's PB Ratio is ranked better than
73.14% of 350 companies
in the Telecommunication Services industry
Industry Median: 1.835 vs TSX:CCA: 1.01

During the past 12 months, Cogeco Communications's average Book Value Per Share Growth Rate was 6.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 11.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 10.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 9.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Cogeco Communications was 18.90% per year. The lowest was -7.60% per year. And the median was 8.60% per year.

Back to Basics: PB Ratio


Cogeco Communications PB Ratio Historical Data

The historical data trend for Cogeco Communications'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.

Cogeco Communications PB Ratio Chart

Cogeco Communications Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.07 2.25 1.34 1.00 0.91

Cogeco Communications Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 1.00 0.77 0.85 0.74 0.91

Competitive Comparison of Cogeco Communications's PB Ratio

For the Telecom Services subindustry, Cogeco Communications'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.


Cogeco Communications's PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Cogeco Communications's PB Ratio distribution charts can be found below:

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



Cogeco Communications 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.

Cogeco Communications's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Aug. 2024)
=71.79/70.904
=1.01

* 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.


Cogeco Communications  (TSX:CCA) 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.


Cogeco Communications PB Ratio Related Terms

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Cogeco Communications Business Description

Traded in Other Exchanges
Address
1 Place Ville Marie, Suite 3301, Montreal, QC, CAN, H3B 0B3
Cogeco Communications Inc is a communication corporation. The company is a cable operator in North America operating in Canada. It provides Internet, video and phone services to residential, business and other customers. The reportable segments of the company are Canadian telecommunications and American telecommunications. The company earns majority of its revenue from Canadian telecommunications. The company operates in Canada and United States.

Cogeco Communications Headlines