Racing Force SpA (XPAR:ALRFG) PB Ratio : 2.05 (As of May. 17, 2024)

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What is Racing Force 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 (2024-05-17), Racing Force SpA's share price is €3.86. Racing Force SpA's Book Value per Share for the quarter that ended in Dec. 2023 was €1.89. Hence, Racing Force SpA's PB Ratio of today is 2.05.

Good Sign:

Racing Force SpA stock PB Ratio (=2.03) is close to 3-year low of 2.03

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

XPAR:ALRFG' s PB Ratio Range Over the Past 10 Years
Min: 2.03 Med: 3.54 Max: 17.36
Current: 2.03

During the past 4 years, Racing Force SpA's highest PB Ratio was 17.36. The lowest was 2.03. And the median was 3.54.

XPAR:ALRFG's PB Ratio is ranked worse than
55.22% of 757 companies
in the Travel & Leisure industry
Industry Median: 1.76 vs XPAR:ALRFG: 2.03

During the past 12 months, Racing Force SpA's average Book Value Per Share Growth Rate was 22.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 76.20% per year.

During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Racing Force SpA was 76.20% per year. The lowest was 76.20% per year. And the median was 76.20% per year.

Back to Basics: PB Ratio

Racing Force SpA PB Ratio Historical Data

The historical data trend for Racing Force 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.

Racing Force SpA PB Ratio Chart

Racing Force SpA Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

PB Ratio

3.67

2.75

Racing Force SpA Quarterly Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial			-	-	3.67	3.10	2.75

Competitive Comparison of Racing Force SpA's PB Ratio

For the Leisure subindustry, Racing Force 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.

Racing Force SpA's PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Racing Force SpA's PB Ratio distribution charts can be found below:

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

Racing Force 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.

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

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	3.86	/	1.887
	=	2.05

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.

Racing Force SpA (XPAR:ALRFG) 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.

Racing Force SpA PB Ratio Related Terms

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

Racing Force SpA (XPAR:ALRFG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Racing Force SpA (XPAR:ALRFG) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

RFG:Italy

Address

via Bazzano 5, Ronco Scrivia, Genoa, ITA, 16019

Website

https://www.racingforce.com

Racing Force SpA is engaged in the field of design and manufacture of motorsport safety products. Its product range spans from suits, gloves, shoes, seats, harnesses, helmets, rollbars, racing nets, steering wheels, fire extinguisher systems, and intercoms, to other accessories strictly related to the motorsport industry.

Racing Force SpA (XPAR:ALRFG) Headlines

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