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Otis Worldwide PB Ratio

: 17.22 (As of Today)
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As of today (2020-11-24), Otis Worldwide's share price is $67.57. Otis Worldwide's Book Value per Share for the fiscal year that ended in Dec. 2019 was $3.93. Hence, Otis Worldwide's P/B Ratio of today is 17.22.

NYSE:OTIS' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 17.32
Current: 17.21


During the past 3 years, Otis Worldwide's highest P/B Ratio was 17.32. The lowest was 0.00. And the median was 0.00.

NYSE:OTIS's PB Ratio is ranked lower than
98% of the 2423 Companies
in the Industrial Products industry.

( Industry Median: 1.72 vs. NYSE:OTIS: 17.21 )

During the past 12 months, Otis Worldwide's average Book Value Per Share Growth Rate was 9.20% per year.

Back to Basics: P/B Ratio

Otis Worldwide PB Ratio Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Otis Worldwide Annual Data
Dec17 Dec18 Dec19
PB Ratio 0.00 0.00 0.00

Otis Worldwide Semi-Annual Data
Dec17 Dec18 Dec19
PB Ratio 0.00 0.00 0.00

Competitive Comparison
* 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.

Otis Worldwide PB Ratio Distribution

* The bar in red indicates where Otis Worldwide's PB Ratio falls into.

Otis Worldwide PB Ratio Calculation

Otis Worldwide's P/B ratio for today is calculated as follows:

P/B Ratio=Share Price/Book Value per Share (A: Dec. 2019)

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 Price-to-Book Ratio is that book value other than intangibles are used in the calculation.

Otis Worldwide  (NYSE:OTIS) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PS Ratio or Price-to-Free-Cash-Flow, the Price-to-Book Ratio measures the valuation of the stock relative to the underlying asset of the company.

The Price-to-Book 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 Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Otis Worldwide PB Ratio Related Terms

Otis Worldwide PB Ratio Headlines

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