GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Heineken NV (OTCPK:HEINY) » Definitions » PB Ratio
中文

Heineken NV (Heineken NV) PB Ratio

: 2.53 (As of Today)
View and export this data going back to 1983. Start your Free Trial

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 (2024-04-23), Heineken NV's share price is $49.03. Heineken NV's Book Value per Share for the quarter that ended in Dec. 2023 was $19.41. Hence, Heineken NV's PB Ratio of today is 2.53.

Good Sign:

Heineken NV stock PB Ratio (=2.52) is close to 10-year low of 2.39

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

HEINY' s PB Ratio Range Over the Past 10 Years
Min: 2.28   Med: 3.21   Max: 4.43
Current: 2.59

During the past 13 years, Heineken NV's highest PB Ratio was 4.43. The lowest was 2.28. And the median was 3.21.

HEINY's PB Ratio is ranked worse than
66.67% of 204 companies
in the Beverages - Alcoholic industry
Industry Median: 1.825 vs HEINY: 2.59

During the past 12 months, Heineken NV's average Book Value Per Share Growth Rate was 4.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 15.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 7.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 5.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Heineken NV was 23.20% per year. The lowest was -0.10% per year. And the median was 6.50% per year.

Back to Basics: PB Ratio


Heineken NV PB Ratio Historical Data

The historical data trend for Heineken NV'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.

Heineken NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.43 3.95 3.32 2.61 2.63

Heineken NV Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.32 2.60 2.61 2.82 2.63

Competitive Comparison

For the Beverages - Brewers subindustry, Heineken NV'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.


Heineken NV PB Ratio Distribution

For the Beverages - Alcoholic industry and Consumer Defensive sector, Heineken NV's PB Ratio distribution charts can be found below:

* The bar in red indicates where Heineken NV's PB Ratio falls into.



Heineken NV 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.

Heineken NV's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=49.03/19.408
=2.53

* 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.


Heineken NV  (OTCPK:HEINY) 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.


Heineken NV PB Ratio Related Terms

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


Heineken NV (Heineken NV) Business Description

Address
Tweede Weteringplantsoen 21, P.O. Box 28, Amsterdam, NH, NLD, 1000 AA
Heineken sold 257 million hectolitres of beer in 2022, and is the world's second-largest brewer behind Anheuser-Busch InBev. It has the leading position in many European markets, including the Netherlands, Austria, Greece, and Italy. Its flagship brand, Heineken, is the world's leading international premium lager by volume and has spawned several brand extensions including Heineken 0.0 and Heineken Silver. Heineken is the world's biggest cider producer, and its portfolio also includes brands in the nonalcoholic, Belgian, and craft beer categories.