Italgas SpA (WBO:IG) PB Ratio : 0.19 (As of May. 05, 2024)

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What is Italgas SpA 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 (2024-05-05), Italgas SpA's share price is €5.24. Italgas SpA's Book Value per Share for the quarter that ended in Jun. 2023 was €28.11. Hence, Italgas SpA's PB Ratio of today is 0.19.

Good Sign:

Italgas SpA stock PB Ratio (=0.19) is close to 10-year low of 0.19

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

WBO:IG' s PB Ratio Range Over the Past 10 Years
Min: 0.19 Med: 2.7 Max: 4.06
Current: 0.19

During the past 8 years, Italgas SpA's highest PB Ratio was 4.06. The lowest was 0.19. And the median was 2.70.

WBO:IG's PB Ratio is ranked better than
97.27% of 513 companies
in the Utilities - Regulated industry
Industry Median: 1.41 vs WBO:IG: 0.19

During the past 12 months, Italgas SpA's average Book Value Per Share Growth Rate was 9.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 10.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 12.20% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Italgas SpA was 13.60% per year. The lowest was 10.50% per year. And the median was 13.00% per year.

Back to Basics: PB Ratio

Italgas SpA PB Ratio Historical Data

The historical data trend for Italgas SpA'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.

Italgas SpA PB Ratio Chart

Italgas SpA Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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2.82

2.43

2.61

2.02

0.18

Italgas SpA Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial										2.61	2.40	2.02	2.14	0.18

Competitive Comparison of Italgas SpA's PB Ratio

For the Utilities - Regulated Gas subindustry, Italgas SpA'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.

Italgas SpA's PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Italgas SpA's PB Ratio distribution charts can be found below:

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

Italgas SpA 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.

Italgas SpA's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Jun. 2023)
	=	5.24	/	28.105
	=	0.19

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.

Italgas SpA (WBO:IG) 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.

Italgas SpA PB Ratio Related Terms

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

Italgas SpA (WBO:IG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Italgas SpA (WBO:IG) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

ITGGF:USA IG:Italy IGm:UK 0RK1:UK I10:Germany

Address

Via Carlo Bo 11, Milano, ITA, 20143

Website

https://www.italgas.it

Italgas SpA is an Italy-based company engaged in the business of natural gas distribution. The distribution service consists of transporting gas through local pipeline networks, from points of delivery at the reduction and measurement stations interconnected with the transport networks up to the final delivery points to customers. In addition, the company is also engaged in metering activities, which consist of determining, gathering, making available, and archiving metering data on natural gas withdrawn over the distribution networks. It derives a majority of the revenue from natural gas distribution activity. The other activities of the company are the distribution and sale of water and providing technical, engineering, IT assistance, and other services.

Italgas SpA (WBO:IG) Headlines

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