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Bank of Ireland Group (LSE:BIRG) PB Ratio : 0.86 (As of Apr. 30, 2024)


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What is Bank of Ireland Group 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 (2024-04-30), Bank of Ireland Group's share price is €10.28. Bank of Ireland Group's Book Value per Share for the quarter that ended in Dec. 2023 was €11.89. Hence, Bank of Ireland Group's PB Ratio of today is 0.86.

The historical rank and industry rank for Bank of Ireland Group's PB Ratio or its related term are showing as below:

LSE:BIRG' s PB Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.78   Max: 1.59
Current: 0.85

During the past 13 years, Bank of Ireland Group's highest PB Ratio was 1.59. The lowest was 0.16. And the median was 0.78.

LSE:BIRG's PB Ratio is ranked better than
50.82% of 1458 companies
in the Banks industry
Industry Median: 0.855 vs LSE:BIRG: 0.85

During the past 12 months, Bank of Ireland Group's average Book Value Per Share Growth Rate was 11.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 10.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 4.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Bank of Ireland Group was 49.80% per year. The lowest was -59.40% per year. And the median was 6.00% per year.

Back to Basics: PB Ratio


Bank of Ireland Group PB Ratio Historical Data

The historical data trend for Bank of Ireland 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.

* Premium members only.

Bank of Ireland Group PB Ratio Chart

Bank of Ireland Group 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 0.54 0.37 0.48 0.82 0.69

Bank of Ireland Group 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 0.48 0.54 0.82 0.77 0.69

Competitive Comparison of Bank of Ireland Group's PB Ratio

For the Banks - Regional subindustry, Bank of Ireland 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.


Bank of Ireland Group's PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank of Ireland Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where Bank of Ireland Group's PB Ratio falls into.



Bank of Ireland 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.

Bank of Ireland Group's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=10.28/11.894
=0.86

* 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.


Bank of Ireland Group  (LSE:BIRG) 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.


Bank of Ireland Group PB Ratio Related Terms

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


Bank of Ireland Group (LSE:BIRG) Business Description

Address
40 Mespil Road, Dublin, IRL, D04 C2N4
Bank of Ireland Group PLC is an Irish financial services group operating mostly in Ireland and the United Kingdom. Services include mortgages, business, and corporate lending, term loans, leasing, foreign exchange, life assurance, and pension products, among others. The bank's trading divisions include Retail Ireland, Wealth and Insurance, Retail UK, Corporate and Treasury (C&T) and Group Centre. The bank generates the majority of its revenue from Retail Ireland serves consumer and business customers across a broad range of segments and sectors. Revenue is also derived from fees for a range of banking and transaction services. The bank has access to distribution in the United Kingdom via its relationship as a financial services partner with the nation's post office.

Bank of Ireland Group (LSE:BIRG) Headlines

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