Reliance Worldwide (ASX:RWC) PB Ratio : 2.16 (As of Apr. 26, 2024)

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What is Reliance Worldwide 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 (2024-04-26), Reliance Worldwide's share price is A$5.11. Reliance Worldwide's Book Value per Share for the quarter that ended in Dec. 2023 was A$2.36. Hence, Reliance Worldwide's PB Ratio of today is 2.16.

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

ASX:RWC' s PB Ratio Range Over the Past 10 Years
Min: 1.1 Med: 2.34 Max: 14.61
Current: 2.16

During the past 7 years, Reliance Worldwide's highest PB Ratio was 14.61. The lowest was 1.10. And the median was 2.34.

ASX:RWC's PB Ratio is ranked worse than
72.63% of 1611 companies
in the Construction industry
Industry Median: 1.22 vs ASX:RWC: 2.16

During the past 12 months, Reliance Worldwide's average Book Value Per Share Growth Rate was 9.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 9.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.50% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Reliance Worldwide was 67.00% per year. The lowest was 4.30% per year. And the median was 7.75% per year.

Back to Basics: PB Ratio

Reliance Worldwide PB Ratio Historical Data

The historical data trend for Reliance Worldwide'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.

Reliance Worldwide PB Ratio Chart

Reliance Worldwide Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

PB Ratio

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1.96

1.64

2.66

1.98

1.77

Reliance Worldwide 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										2.97	1.98	1.37	1.77	1.88

Competitive Comparison of Reliance Worldwide's PB Ratio

For the Building Products & Equipment subindustry, Reliance Worldwide'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.

Reliance Worldwide's PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Reliance Worldwide's PB Ratio distribution charts can be found below:

* The bar in red indicates where Reliance Worldwide's PB Ratio falls into.

Reliance Worldwide 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.

Reliance Worldwide's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	5.11	/	2.361
	=	2.16

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.

Reliance Worldwide (ASX:RWC) 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.

Reliance Worldwide PB Ratio Related Terms

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

Reliance Worldwide (ASX:RWC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Reliance Worldwide Corp Ltd (ASX:RWC) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

RLLWF:USA 0EU:Germany

Address

140 William Street, Level 26, Melbourne, VIC, AUS, 3000

Website

https://www.rwc.com

Reliance Worldwide designs, manufactures, and supplies branded plumbing products which are sold across North America, Asia-Pacific, and Europe. The company focuses on push-to-connect plumbing products, including fitting, pipes and valves, under its brands SharkBite, JG Speedfit, and EvoPex. Reliance's products are used in residential and commercial applications for the residential renovation, maintenance, and home improvement end-markets. Reliance sells around 45% of its products to plumbing wholesalers and merchants, 35% to hardware and home improvement retailers (including Home Depot, Lowe's, and Reece) and 20% to original equipment manufacturers of hot water systems.

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