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Asbury Automotive Group (Asbury Automotive Group) PB Ratio : 1.36 (As of Apr. 25, 2024)


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What is Asbury Automotive 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 (2024-04-25), Asbury Automotive Group's share price is $217.12. Asbury Automotive Group's Book Value per Share for the quarter that ended in Dec. 2023 was $159.55. Hence, Asbury Automotive Group's PB Ratio of today is 1.36.

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

ABG' s PB Ratio Range Over the Past 10 Years
Min: 1.18   Med: 3.31   Max: 7.02
Current: 1.36

During the past 13 years, Asbury Automotive Group's highest PB Ratio was 7.02. The lowest was 1.18. And the median was 3.31.

ABG's PB Ratio is ranked better than
51.96% of 1251 companies
in the Vehicles & Parts industry
Industry Median: 1.44 vs ABG: 1.36

During the past 12 months, Asbury Automotive Group's average Book Value Per Share Growth Rate was 18.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 50.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 50.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 30.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Asbury Automotive Group was 58.90% per year. The lowest was -25.60% per year. And the median was 13.40% per year.

Back to Basics: PB Ratio


Asbury Automotive Group PB Ratio Historical Data

The historical data trend for Asbury Automotive 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.

Asbury Automotive Group PB Ratio Chart

Asbury Automotive 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 3.33 3.10 1.89 1.33 1.41

Asbury Automotive Group 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 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 1.33 1.48 1.61 1.46 1.41

Competitive Comparison of Asbury Automotive Group's PB Ratio

For the Auto & Truck Dealerships subindustry, Asbury Automotive 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.


Asbury Automotive Group's PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Asbury Automotive Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where Asbury Automotive Group's PB Ratio falls into.



Asbury Automotive 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.

Asbury Automotive Group's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=217.12/159.545
=1.36

* 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.


Asbury Automotive Group  (NYSE:ABG) 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.


Asbury Automotive Group PB Ratio Related Terms

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


Asbury Automotive Group (Asbury Automotive Group) Business Description

Traded in Other Exchanges
Address
2905 Premiere Parkway North West, Suite 300, Duluth, GA, USA, 30097
Asbury Automotive Group is a regional collection of automobile dealerships that went public in March 2002. The company operates 138 new-vehicle stores, seven used-vehicle stores, and 32 collision centers. Over 70% of new-vehicle revenue is from luxury and import brands. Asbury also offers third-party financing and insurance products and its own F&I products via Total Care Auto. Asbury operates in 14 states (mostly Texas, the West, and the Southeast). Asbury store brands include David McDavid and Park Place in Texas, and the Larry H. Miller brand in the Western U.S. It plans to acquire Koons in the Washington, D.C. area in late 2023 or early 2024. Asbury generated $15.4 billion of revenue in 2022 and is based in the Atlanta area. The firm targets about $32 billion in 2025.
Executives
Daniel Clara officer: SVP, Operations C/O ASBURY AUTOMOTIVE GROUP, 2905 PREMIERE PKWY, STE 300, DULUTH GA 30097
Philip F Maritz director C/O ASBURY AUTOMOTIVE GROUP, 2905 PREMIERE PKWY, STE 300, DULUTH GA 30097
George A Villasana officer: VP & General Counsel 2905 PREMIERE PARKWAY, SUITE 300, DULUTH GA 30097
Miran Maric officer: SVP, Strategy & Innovation C/O ASBURY AUTOMOTIVE GROUP, 2905 PREMIERE PKWY, SUITE 300, DULUTH GA 30097
Bridget Ryan Berman director 161 FALCON ROAD, GUILFORD CT 06437
David W Hult officer: EVP & COO 800 GESSNER, SUITE 500, HOUSTON TX 77024
Jed Milstein officer: VP & CHRO 2905 PREMIERE PARKWAY, SUITE 300, DULUTH GA 30097
Nathan Edward Briesemeister officer: VP, Controller & CAO C/O ASBURY AUTOMOTIVE GROUP, 2905 PREMIERE PKWY, SUITE 300, DULUTH GA 30097
Terry Hilliard C. Iii director ONE SW COLUMBIA ST STE 1200, PORTLAND OR 97258
Michael Welch officer: SVP & CFO C/O ASBURY AUTOMOTIVE GROUP, 2905 PREMIERE PKWY, SUITE 300, DULUTH GA 30097
David C Abrams 10 percent owner 222 BERKELEY STREET, 21ST FLOOR, BOSTON MA 02116
Abrams Capital Partners Ii, L.p. 10 percent owner 222 BERKELEY STREET, 21ST FLOOR, BOSTON MA 02116
Abrams Capital, Llc 10 percent owner 222 BERKELEY ST., 21ST FLOOR, BOSTON MA 02116
Abrams Capital Management, L.p. 10 percent owner 222 BERKELEY STREET, 21ST FLOOR, BOSTON MA 02116
Abrams Capital Management, Llc 10 percent owner 222 BERKELEY STREET, 21ST FLOOR, BOSTON MA 02116