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 (2024-04-26), Kronos Worldwide's share price is $11.60. Kronos Worldwide's Book Value per Share for the quarter that ended in Dec. 2023 was $7.02. Hence, Kronos Worldwide's PB Ratio of today is 1.65.
The historical rank and industry rank for Kronos Worldwide's PB Ratio or its related term are showing as below:
KRO'
s PB Ratio Range Over the Past 10 Years
Min: 0.92 Med: 1.9 Max: 5.32
Current: 1.65
During the past 13 years, Kronos Worldwide's highest PB Ratio was 5.32. The lowest was 0.92. And the median was 1.90.
KRO's PB Ratio is ranked worse than 51.01% of 1533
companies
in the Chemicals industry
Industry Median: 1.57
vs KRO: 1.65
During the past 12 months, Kronos Worldwide's average Book Value Per Share Growth Rate was -15.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 0.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 1.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 3.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Kronos Worldwide was 42.20% per year. The lowest was -25.00% per year. And the median was 1.30% per year.
Back to Basics: PB Ratio
Kronos Worldwide PB Ratio Historical Data
The historical data trend for Kronos Worldwide'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.
Competitive Comparison of Kronos Worldwide's PB Ratio
For the Specialty Chemicals subindustry, Kronos Worldwide'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.
Kronos Worldwide's PB Ratio Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Kronos Worldwide's PB Ratio distribution charts can be found below:
* The bar in red indicates where Kronos Worldwide's PB Ratio falls into.
Kronos Worldwide 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.
* 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.
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.
Kronos Worldwide PB Ratio Related Terms
Thank you for viewing the detailed overview of Kronos Worldwide's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Kronos Worldwide (Kronos Worldwide) Business Description
Kronos Worldwide Inc manufactures and sells titanium dioxide pigments. Titanium dioxide is a white inorganic pigment used in a variety of products. The majority of Kronos' sales come from titanium dioxide used for coatings on automobiles, aircraft, machines, appliances, traffic paint, and in both commercial and residential interiors and exteriors. The second- largest product category is titanium dioxide used for plastics such as packaging materials and food packaging, houseware, appliances, toys, and computer cases. The majority of revenue comes from the United States.
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