Signify NV (WBO:LGHT) PB Ratio : 1.06 (As of Jun. 03, 2024)

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What is Signify NV 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 (2024-06-03), Signify NV's share price is €24.94. Signify NV's Book Value per Share for the quarter that ended in Mar. 2024 was €23.45. Hence, Signify NV's PB Ratio of today is 1.06.

Good Sign:

Signify NV stock PB Ratio (=1.06) is close to 3-year low of 1

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

WBO:LGHT' s PB Ratio Range Over the Past 10 Years
Min: 0.88 Med: 1.54 Max: 3.31
Current: 1.06

During the past 12 years, Signify NV's highest PB Ratio was 3.31. The lowest was 0.88. And the median was 1.54.

WBO:LGHT's PB Ratio is ranked better than
77% of 2926 companies
in the Industrial Products industry
Industry Median: 1.91 vs WBO:LGHT: 1.06

During the past 12 months, Signify NV's average Book Value Per Share Growth Rate was 1.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 8.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 7.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -0.40% per year.

During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Signify NV was 10.40% per year. The lowest was -11.60% per year. And the median was 0.75% per year.

Back to Basics: PB Ratio

Signify NV PB Ratio Historical Data

The historical data trend for Signify NV'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.

Signify NV PB Ratio Chart

Signify NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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1.36

Signify NV Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
PB Ratio	Get a 7-Day Free Trial															1.25	1.18	1.10	1.36	1.20

Competitive Comparison of Signify NV's PB Ratio

For the Electrical Equipment & Parts subindustry, Signify NV'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.

Signify NV's PB Ratio Distribution in the Industrial Products Industry

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

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

Signify NV 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.

Signify NV's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Mar. 2024)
	=	24.94	/	23.454
	=	1.06

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.

Signify NV (WBO:LGHT) 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.

Signify NV PB Ratio Related Terms

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Signify NV (WBO:LGHT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Signify NV (WBO:LGHT) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

SFFYF:USA PHPPY:USA LIGHT:Netherlands LIGHT:Mexico LIGHTa:UK 0RHI:UK G14:Germany

Address

High Tech Campus 48, Eindhoven, NLD, 5656 AE

Website

https://www.signify.com

Signify NV is a Netherlands-based firm that provides lighting solutions. The company's product portfolio includes luminaires, lamps, light-emitting diode (LED) lamps, LED tubes, and decorative lighting. Its product application is very broad-based as it is used in almost every industry. The operating segments are Digital Solutions, Digital Products, and Conventional Products. The firm generates of its revenues from its Digital Solutions segment and operates mainly in Europe, the Americas, as well as other international markets.