GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Legacy Housing Corp (NAS:LEGH) » Definitions » PB Ratio

Legacy Housing (Legacy Housing) PB Ratio : 1.13 (As of Apr. 27, 2024)


View and export this data going back to 2018. Start your Free Trial

What is Legacy Housing 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), Legacy Housing's share price is $20.30. Legacy Housing's Book Value per Share for the quarter that ended in Dec. 2023 was $17.90. Hence, Legacy Housing's PB Ratio of today is 1.13.

Good Sign:

Legacy Housing Corp stock PB Ratio (=1.12) is close to 1-year low of 1.04

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

LEGH' s PB Ratio Range Over the Past 10 Years
Min: 0.89   Med: 1.42   Max: 2.21
Current: 1.13

During the past 8 years, Legacy Housing's highest PB Ratio was 2.21. The lowest was 0.89. And the median was 1.42.

LEGH's PB Ratio is ranked better than
51.46% of 103 companies
in the Homebuilding & Construction industry
Industry Median: 1.16 vs LEGH: 1.13

During the past 12 months, Legacy Housing's average Book Value Per Share Growth Rate was 14.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 18.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 18.30% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Legacy Housing was 27.40% per year. The lowest was 16.50% per year. And the median was 18.70% per year.

Back to Basics: PB Ratio


Legacy Housing PB Ratio Historical Data

The historical data trend for Legacy Housing'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.

Legacy Housing PB Ratio Chart

Legacy Housing Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial 1.82 1.41 2.07 1.21 1.41

Legacy Housing 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 1.21 1.39 1.37 1.10 1.41

Competitive Comparison of Legacy Housing's PB Ratio

For the Residential Construction subindustry, Legacy Housing'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.


Legacy Housing's PB Ratio Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Legacy Housing's PB Ratio distribution charts can be found below:

* The bar in red indicates where Legacy Housing's PB Ratio falls into.



Legacy Housing 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.

Legacy Housing's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=20.30/17.9
=1.13

* 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.


Legacy Housing  (NAS:LEGH) 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.


Legacy Housing PB Ratio Related Terms

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


Legacy Housing (Legacy Housing) Business Description

Traded in Other Exchanges
N/A
Address
1600 Airport Freeway, Suite No. 100, Bedford, TX, USA, 76022
Legacy Housing Corp builds, sell, and finance manufactured homes and tiny houses that are distributed through a network of independent retailers and company-owned stores and also sold directly to manufactured home communities. The company also provides financing options to customers to facilitate the sale of homes.
Executives
Curtis Drew Hodgson director, 10 percent owner, officer: Co-Chief Executive Officer 15400 KNOLL TRAIL STE 101 LB 25, DALLAS TX 75248
Kenneth E Shipley director, 10 percent owner, officer: Co-Chief Executive Officer PO BOX 749, LEVELLAND TX 79336
William G Shipley 10 percent owner C/O LEGACY HOUSING CORPORATION, 1600 AIRPORT FREEWAY, #100, BEDFORD TX 76022
Robert Duncan Bates director C/O LEGACY HOUSING CORPORATION, 1600 AIRPORT FREEWAY, #100, BEDFORD TX 76022
Douglas M Shipley 10 percent owner PO BOX 749, LEVELLAND TX 79336
Jeffrey Mark Fiedelman officer: CFO 7026 BAXTERSHIRE DRIVE, DALLAS TX 75230
Jeffrey V Burt officer: CFO and Treasurer C/O LEGACY HOUSING CORPORATION, 1600 AIRPORT FREEWAY, #100, BEDFORD TX 76022
Francisco Javier Coll director C/O LEGACY HOUSING CORPORATION, 1600 AIRPORT FREEWAY, #100, BEDFORD TX 76022
Ronald Carter Arrington officer: CFO C/O LEGACY HOUSING CORPORATION, 1600 AIRPORT FREEWAY, #100, BEDFORD TX 76022
Joseph Phillip Lane director C/O LEGACY HOUSING CORPORATION, 1600 AIRPORT FREEWAY, #100, BEDFORD TX 76022
Jeffrey Kyle Stouder director C/O LEGACY HOUSING CORPORATION, 1600 AIRPORT FREEWAY, #100, BEDFORD TX 76022
Stephen Lynn Crawford director C/O LEGACY HOUSING CORPORATION, 1600 AIRPORT FREEWAY, #100, BEDFORD TX 76022
Neal J Suit officer: Exec VP, GC and Secretary C/O LEGACY HOUSING CORPORATION, 1600 AIRPORT FREEWAY, #100, BEDFORD TX 76022
Mark E Bennett director C/O LEGACY HOUSING CORPORATION, 1600 AIRPORT FREEWAY, #100, BEDFORD TX 76022
Philip Thomas Blazek director 500 CRESCENT COURT, SUITE 230, DALLAS TX 75201