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Baker Hughes Co (MEX:BKR) PB Ratio : 2.44 (As of Nov. 10, 2024)


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What is Baker Hughes Co 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 (2024-11-10), Baker Hughes Co's share price is MXN785.59. Baker Hughes Co's Book Value per Share for the quarter that ended in Sep. 2024 was MXN322.28. Hence, Baker Hughes Co's PB Ratio of today is 2.44.

The historical rank and industry rank for Baker Hughes Co's PB Ratio or its related term are showing as below:

MEX:BKR' s PB Ratio Range Over the Past 10 Years
Min: 0.3   Med: 1.29   Max: 2.63
Current: 2.63

During the past 9 years, Baker Hughes Co's highest PB Ratio was 2.63. The lowest was 0.30. And the median was 1.29.

MEX:BKR's PB Ratio is ranked worse than
82.55% of 957 companies
in the Oil & Gas industry
Industry Median: 1.19 vs MEX:BKR: 2.63

During the past 12 months, Baker Hughes Co's average Book Value Per Share Growth Rate was 8.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -4.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -17.30% per year.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Baker Hughes Co was -0.40% per year. The lowest was -24.90% per year. And the median was -19.30% per year.

Back to Basics: PB Ratio


Baker Hughes Co PB Ratio Historical Data

The historical data trend for Baker Hughes Co'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.

Baker Hughes Co PB Ratio Chart

Baker Hughes Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only 0.69 1.25 1.56 2.04 2.24

Baker Hughes Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.37 2.24 2.05 2.08 2.17

Competitive Comparison of Baker Hughes Co's PB Ratio

For the Oil & Gas Equipment & Services subindustry, Baker Hughes Co'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.


Baker Hughes Co's PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Baker Hughes Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Baker Hughes Co's PB Ratio falls into.



Baker Hughes Co 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.

Baker Hughes Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=785.59/322.284
=2.44

* 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.


Baker Hughes Co  (MEX:BKR) 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.


Baker Hughes Co PB Ratio Related Terms

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


Baker Hughes Co Business Description

Address
575 North Dairy Ashford Road, Suite 100, Houston, TX, USA, 77079-1121
Baker Hughes is a global leader in oilfield services and oilfield equipment, with particularly strong presences in the artificial lift, specialty chemicals, and completions markets. It maintains modest exposure to offshore oil and gas production. The other half of its business focuses on industrial power generation, process solutions, and industrial asset management, with a high exposure to the liquid natural gas market specifically, as well as broader industrials end markets.