Snam SpA (MIL:SRG) PB Ratio : 1.92 (As of Apr. 24, 2024)

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What is Snam 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 (2024-04-24), Snam SpA's share price is €4.377. Snam SpA's Book Value per Share for the quarter that ended in Sep. 2023 was €2.28. Hence, Snam SpA's PB Ratio of today is 1.92.

Good Sign:

Snam SpA stock PB Ratio (=1.88) is close to 10-year low of 1.73

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

MIL:SRG' s PB Ratio Range Over the Past 10 Years
Min: 1.73 Med: 2.24 Max: 2.67
Current: 1.89

During the past 13 years, Snam SpA's highest PB Ratio was 2.67. The lowest was 1.73. And the median was 2.24.

MIL:SRG's PB Ratio is ranked worse than
66.21% of 512 companies
in the Utilities - Regulated industry
Industry Median: 1.4 vs MIL:SRG: 1.89

During the past 12 months, Snam SpA's average Book Value Per Share Growth Rate was -0.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 4.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 1.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Snam SpA was 9.40% per year. The lowest was -12.60% per year. And the median was 1.70% per year.

Back to Basics: PB Ratio

Snam SpA PB Ratio Historical Data

The historical data trend for Snam 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.

Snam SpA PB Ratio Chart

Snam SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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2.47

2.33

2.41

2.03

2.05

Snam 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															2.03	2.11	2.11	1.87	2.05

Competitive Comparison of Snam SpA's PB Ratio

For the Utilities - Regulated Gas subindustry, Snam 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.

Snam SpA's PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Snam SpA's PB Ratio distribution charts can be found below:

* The bar in red indicates where Snam SpA's PB Ratio falls into.

Snam 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.

Snam SpA's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2023)
	=	4.377	/	2.277
	=	1.92

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.

Snam SpA (MIL:SRG) 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.

Snam SpA PB Ratio Related Terms

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

Snam SpA (MIL:SRG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Snam SpA (MIL:SRG) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

SNMRY:USA SRGm:UK 0NQP:UK SNM:Germany SRG:Austria

Address

Piazza Santa Barbara, 7, San Donato Milanese, Milan, ITA, 20097

Website

https://www.snam.it

Snam operates a network of about 38,000 kilometers of natural gas pipelines in Italy and abroad. It also holds 17.1% of European gas storage capacity and 6.5 billion cubic meters of LNG regasification capacity. Snam is investing in hydrogen, biofuels, carbon capture and storage, and energy efficiencies to prepare for the energy transition. Snam became independent from Eni in 2012 after the latter sold its stake to Cassa Depositi e Prestiti, a financial institution controlled by the Ministry of Economy and Finance.