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Gyrodyne LLC  (NAS:GYRO) PB Ratio: 0.24 (As of Today)

As of today, Gyrodyne LLC's share price is \$21.40. Gyrodyne LLC's Book Value per Share for the quarter that ended in Jun. 2015 was \$89.02. Hence, Gyrodyne LLC's P/B Ratio of today is 0.24.

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Gyrodyne LLC Annual Data

 Apr05 Apr06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 PB Ratio 7.13 6.11 1.60 2.04 0.77

Gyrodyne LLC Quarterly Data

 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 PB Ratio 0.82 0.88 0.77 0.76 0.37

Competitive Comparison
* 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.

Calculation

Gyrodyne LLC's P/B ratio for today is calculated as follows:

 P/B Ratio = Share Price / Book Value per Share (Q: Jun. 2015) = 21.40 / 89.023 = 0.24

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

It can also be calculated from the numbers for the whole company:

 P/B Ratio = Market Cap (M) / (Total Equity - Preferred Stock)

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and Price-to-Book Ratio is that book value other than intangibles are used in the calculation.

Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PS Ratio or Price-to-Free-Cash-Flow, the Price-to-Book Ratio measures the valuation of the stock relative to the underlying asset of the company.

The Price-to-Book 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 Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Related Terms