artec technologies AG (XTER:A6T) PB Ratio : 2.60 (As of May. 05, 2024)

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What is artec technologies AG 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), artec technologies AG's share price is €2.16. artec technologies AG's Book Value per Share for the quarter that ended in Jun. 2023 was €0.83. Hence, artec technologies AG's PB Ratio of today is 2.60.

The historical rank and industry rank for artec technologies AG's PB Ratio or its related term are showing as below:

XTER:A6T' s PB Ratio Range Over the Past 10 Years
Min: 0.02 Med: 2.26 Max: 6.79
Current: 2.6

During the past 13 years, artec technologies AG's highest PB Ratio was 6.79. The lowest was 0.02. And the median was 2.26.

XTER:A6T's PB Ratio is ranked worse than
67.6% of 2389 companies
in the Hardware industry
Industry Median: 1.87 vs XTER:A6T: 2.60

During the past 12 months, artec technologies AG's average Book Value Per Share Growth Rate was -34.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 303.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 86.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 24.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of artec technologies AG was 303.70% per year. The lowest was -20.10% per year. And the median was 1.70% per year.

Back to Basics: PB Ratio

artec technologies AG PB Ratio Historical Data

The historical data trend for artec technologies AG'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.

artec technologies AG PB Ratio Chart

artec technologies AG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

PB Ratio

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2.56

2.24

2.66

1.87

0.02

artec technologies AG Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
PB Ratio	Get a 7-Day Free Trial															2.83	1.87	1.79	0.02	2.45

Competitive Comparison of artec technologies AG's PB Ratio

For the Consumer Electronics subindustry, artec technologies AG'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.

artec technologies AG's PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, artec technologies AG's PB Ratio distribution charts can be found below:

* The bar in red indicates where artec technologies AG's PB Ratio falls into.

artec technologies AG 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.

artec technologies AG's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Jun. 2023)
	=	2.16	/	0.831
	=	2.60

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.

artec technologies AG (XTER:A6T) 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.

artec technologies AG PB Ratio Related Terms

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artec technologies AG (XTER:A6T) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » artec technologies AG (XTER:A6T) » Definitions » PB Ratio

Traded in Other Exchanges

A6T:Germany A6T:Germany A6T:Germany

Address

Muehlenstrasse 15-18, Diepholz, DEU, 49356

Website

http://www.artec.de

artec technologies AG develops and produces products and system solutions for the transmission, recording, and playback of video, TV, and metadata through network and internet. The company offers products and solutions such as Multieye, it is used for simple and complex video surveillance and security systems, and Xentaurix is used for the transmission, recording, and playback of TV, video and radio broadcasts through networks and internet such as proof of broadcasting and broadcasting as online VCR.

artec technologies AG (XTER:A6T) Headlines

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