GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Itau Unibanco Holding SA (NYSE:ITUB) » Definitions » PB Ratio

Itau Unibanco Holding (Itau Unibanco Holding) PB Ratio : 1.59 (As of Apr. 27, 2024)


View and export this data going back to 2001. Start your Free Trial

What is Itau Unibanco Holding 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 (2024-04-27), Itau Unibanco Holding's share price is $6.30. Itau Unibanco Holding's Book Value per Share for the quarter that ended in Dec. 2023 was $3.96. Hence, Itau Unibanco Holding's PB Ratio of today is 1.59.

The historical rank and industry rank for Itau Unibanco Holding's PB Ratio or its related term are showing as below:

ITUB' s PB Ratio Range Over the Past 10 Years
Min: 1.15   Med: 1.76   Max: 2.43
Current: 1.45

During the past 13 years, Itau Unibanco Holding's highest PB Ratio was 2.43. The lowest was 1.15. And the median was 1.76.

ITUB's PB Ratio is ranked worse than
82.03% of 1458 companies
in the Banks industry
Industry Median: 0.85 vs ITUB: 1.45

During the past 12 months, Itau Unibanco Holding's average Book Value Per Share Growth Rate was 13.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 9.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 7.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Itau Unibanco Holding was 59.30% per year. The lowest was -3.70% per year. And the median was 10.20% per year.

Back to Basics: PB Ratio


Itau Unibanco Holding PB Ratio Historical Data

The historical data trend for Itau Unibanco Holding'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.

Itau Unibanco Holding PB Ratio Chart

Itau Unibanco Holding 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 2.20 1.76 1.36 1.44 1.76

Itau Unibanco Holding Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 1.44 1.45 1.57 1.42 1.76

Competitive Comparison of Itau Unibanco Holding's PB Ratio

For the Banks - Regional subindustry, Itau Unibanco Holding'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.


Itau Unibanco Holding's PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Itau Unibanco Holding's PB Ratio distribution charts can be found below:

* The bar in red indicates where Itau Unibanco Holding's PB Ratio falls into.



Itau Unibanco Holding 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.

Itau Unibanco Holding's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=6.30/3.959
=1.59

* 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.


Itau Unibanco Holding  (NYSE:ITUB) 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.


Itau Unibanco Holding PB Ratio Related Terms

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


Itau Unibanco Holding (Itau Unibanco Holding) Business Description

Address
Praca Alfredo Egydio de Souza Aranha, 100, Torre Olavo Setubal, Parque Jabaquara, Sao Paulo, SP, BRA, 04344-902
Itaú Unibanco is the largest privately held bank in Brazil, the result of the 2008 merger between Banco Itaú and Unibanco. In addition to Brazil, the bank has significant operations in Chile, Colombia, Argentina, Uruguay, and Paraguay. Itaú's commercial and consumer loans account for 33% and 44%% of the bank's total loans, respectively, while foreign loans account for 23% of its portfolio. The bank also operates the fifth-largest insurer in Brazil and is the second-largest asset manager in the country, giving it broad reach over the Brazilian financial system.

Itau Unibanco Holding (Itau Unibanco Holding) Headlines

From GuruFocus

ITA� UNIBANCO 3Q23 Results

By PRNewswire 11-03-2023

ITA� UNIBANCO 3Q23 Results

By PRNewswire 10-23-2023

ITA� UNIBANCO - Material Fact: Payment of Interest on Capital

By PRNewswire PRNewswire 06-07-2023

Itau Unibanco Holding SA's Dividend Analysis

By GuruFocus Research 12-06-2023

We invite you to 2023 Ita� Day

By PRNewswire PRNewswire 05-16-2023

Itau Unibanco Holding SA's Dividend Analysis

By GuruFocus Research 12-28-2023

ITA� UNIBANCO - We invite you to 2023 Ita� Day

By PRNewswire PRNewswire 05-30-2023

ITA� UNIBANCO - 2Q23 Results

By PRNewswire 08-07-2023