Azimut Holding SPA (MIL:AZM) PB Ratio : 2.21 (As of Apr. 30, 2024)

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What is Azimut Holding SPA 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), Azimut Holding SPA's share price is €24.75. Azimut Holding SPA's Book Value per Share for the quarter that ended in Dec. 2023 was €11.20. Hence, Azimut Holding SPA's PB Ratio of today is 2.21.

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

MIL:AZM' s PB Ratio Range Over the Past 10 Years
Min: 1.56 Med: 3.41 Max: 5.52
Current: 2.21

During the past 13 years, Azimut Holding SPA's highest PB Ratio was 5.52. The lowest was 1.56. And the median was 3.41.

MIL:AZM's PB Ratio is ranked worse than
88.29% of 1691 companies
in the Asset Management industry
Industry Median: 0.93 vs MIL:AZM: 2.21

During the past 12 months, Azimut Holding SPA's average Book Value Per Share Growth Rate was 10.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 21.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 22.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 9.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Azimut Holding SPA was 295.80% per year. The lowest was -5.30% per year. And the median was 13.80% per year.

Back to Basics: PB Ratio

Azimut Holding SPA PB Ratio Historical Data

The historical data trend for Azimut Holding SPA'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.

Azimut Holding SPA PB Ratio Chart

Azimut Holding SPA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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4.01

2.84

2.91

2.06

2.11

Azimut Holding SPA 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															2.06	1.83	1.82	1.77	2.11

Competitive Comparison of Azimut Holding SPA's PB Ratio

For the Asset Management subindustry, Azimut Holding SPA'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.

Azimut Holding SPA's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Azimut Holding SPA's PB Ratio distribution charts can be found below:

* The bar in red indicates where Azimut Holding SPA's PB Ratio falls into.

Azimut Holding SPA 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.

Azimut Holding SPA's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	24.75	/	11.204
	=	2.21

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Azimut Holding SPA (MIL:AZM) 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.

Azimut Holding SPA PB Ratio Related Terms

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

Azimut Holding SPA (MIL:AZM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Azimut Holding SPA (MIL:AZM) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

AZIHF:USA AZMm:UK 0MHJ:UK HDB:Germany

Address

Via Cusani 4, Milan, ITA, 20121

Website

https://www.azimut.it

Azimut Holding SPA is a large independent asset management firm operating primarily in Italy but with an increasingly global presence. In Italy, its capital management division sells and manages Italian mutual funds, Italian hedge funds, and is active in the discretionary management of individual investment portfolios. Its international business operations involve the sale, management, and distribution of financial and insurance products. Its portfolio solutions encompass a broad array of strategies that cut across various traditional and alternative asset classes. A majority of its revenue is derived from recurring fees from assets under management.

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