Navios Maritime Partners LP (Navios Maritime Partners LP) PB Ratio

: 0.46 (As of Today)

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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 (2024-04-16), Navios Maritime Partners LP's share price is $41.85. Navios Maritime Partners LP's Book Value per Share for the quarter that ended in Dec. 2023 was $91.78. Hence, Navios Maritime Partners LP's PB Ratio of today is 0.46.

The historical rank and industry rank for Navios Maritime Partners LP's PB Ratio or its related term are showing as below:

NMM' s PB Ratio Range Over the Past 10 Years
Min: 0.07 Med: 0.34 Max: 1.99
Current: 0.46

During the past 13 years, Navios Maritime Partners LP's highest PB Ratio was 1.99. The lowest was 0.07. And the median was 0.34.

NMM's PB Ratio is ranked better than
89.71% of 933 companies
in the Transportation industry
Industry Median: 1.29 vs NMM: 0.46

During the past 12 months, Navios Maritime Partners LP's average Book Value Per Share Growth Rate was 18.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 16.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 5.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -7.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Navios Maritime Partners LP was 90.10% per year. The lowest was -19.50% per year. And the median was -3.45% per year.

Back to Basics: PB Ratio

Navios Maritime Partners LP PB Ratio Historical Data

The historical data trend for Navios Maritime Partners LP'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.

Navios Maritime Partners LP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

0.28

0.19

0.43

0.33

0.30

Navios Maritime Partners LP Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio																0.33	0.30	0.26	0.26	0.30

Competitive Comparison

For the Marine Shipping subindustry, Navios Maritime Partners LP'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.

Navios Maritime Partners LP PB Ratio Distribution

For the Transportation industry and Industrials sector, Navios Maritime Partners LP's PB Ratio distribution charts can be found below:

* The bar in red indicates where Navios Maritime Partners LP's PB Ratio falls into.

Navios Maritime Partners LP 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.

Navios Maritime Partners LP's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	41.85	/	91.784
	=	0.46

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.

Navios Maritime Partners LP (NYSE:NMM) 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.

Navios Maritime Partners LP PB Ratio Related Terms

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Navios Maritime Partners LP (Navios Maritime Partners LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Navios Maritime Partners LP (NYSE:NMM) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

7 Avenue de Grande Bretagne, Office 11B2, Monte Carlo, MCO, MC 98000

Website

https://www.navios-mlp.com

Navios Maritime Partners LP is a seaborne shipping company. It owns and operates dry cargo and container vessels with the primary long-term and staggered expiration charters. The firm's fleet consists of Ultra- Handymax, Panamax, Capsize, and Container vessels and categorized in Drybulk and Container vessels. It earns revenue through chartering of vessels, voyage contracts. Geographically, it generates majority revenue from Asia.