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 (2024-04-28), Barnes Group's share price is $34.47. Barnes Group's Book Value per Share for the quarter that ended in Dec. 2023 was $26.88. Hence, Barnes Group's PB Ratio of today is 1.28.
The historical rank and industry rank for Barnes Group's PB Ratio or its related term are showing as below:
B'
s PB Ratio Range Over the Past 10 Years
Min: 0.76 Med: 1.8 Max: 3.09
Current: 1.28
During the past 13 years, Barnes Group's highest PB Ratio was 3.09. The lowest was 0.76. And the median was 1.80.
B's PB Ratio is ranked better than 69.14% of 2926
companies
in the Industrial Products industry
Industry Median: 1.9
vs B: 1.28
During the past 12 months, Barnes Group'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 -0.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 2.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 3.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Barnes Group was 17.40% per year. The lowest was -11.10% per year. And the median was 6.00% per year.
Back to Basics: PB Ratio
Barnes Group PB Ratio Historical Data
The historical data trend for Barnes Group'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.
For the Specialty Industrial Machinery subindustry, Barnes Group'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.
Barnes Group's PB Ratio Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Barnes Group's PB Ratio distribution charts can be found below:
* The bar in red indicates where Barnes Group's PB Ratio falls into.
Barnes Group 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.
Barnes Group's PB Ratio for today is calculated as follows:
* 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.
It can also be calculated from the numbers for the whole company:
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.
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.
Barnes Group PB Ratio Related Terms
Thank you for viewing the detailed overview of Barnes Group's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Barnes Group Inc is a U.S. based industrial and aerospace manufacturer and service provider. The company operates through two segments: Industrial and Aerospace. The industrial segment manufactures precision parts, products, and systems for critical applications in end markets including transportation, industrial equipment, and consumer products. The aerospace segment provides machined components and assemblies for original equipment manufacturer turbine engine, airframe and industrial gas turbine builders, and the military. This segment also provides aftermarket maintenance, overhaul and repair services for turbine engine manufacturers, airlines, and the military. The company generates around half of its revenue from the domestic American market.
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