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 (2024-04-23), Penske Automotive Group's share price is $152.20. Penske Automotive Group's Book Value per Share for the quarter that ended in Dec. 2023 was $70.42. Hence, Penske Automotive Group's PB Ratio of today is 2.16.
Good Sign:
Penske Automotive Group Inc stock PB Ratio (=2.12) is close to 1-year low of 2.1
The historical rank and industry rank for Penske Automotive Group's PB Ratio or its related term are showing as below:
PAG'
s PB Ratio Range Over the Past 10 Years
Min: 0.64 Med: 2.02 Max: 2.96
Current: 2.16
During the past 13 years, Penske Automotive Group's highest PB Ratio was 2.96. The lowest was 0.64. And the median was 2.02.
PAG's PB Ratio is ranked worse than 68.29% of 1252
companies
in the Vehicles & Parts industry
Industry Median: 1.42
vs PAG: 2.16
During the past 12 months, Penske Automotive Group's average Book Value Per Share Growth Rate was 18.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 19.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 18.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 16.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Penske Automotive Group was 54.40% per year. The lowest was -10.40% per year. And the median was 11.45% per year.
Back to Basics: PB Ratio
Penske Automotive Group PB Ratio Historical Data
The historical data trend for Penske 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.
For the Auto & Truck Dealerships subindustry, Penske 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.
Penske Automotive Group PB Ratio Distribution
For the Vehicles & Parts industry and Consumer Cyclical sector, Penske Automotive Group's PB Ratio distribution charts can be found below:
* The bar in red indicates where Penske Automotive Group's PB Ratio falls into.
Penske 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.
Penske Automotive Group's PB Ratio for today is calculated as follows:
* 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.
Penske Automotive Group (NYSE:PAG) PB Ratio Explanation
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.
Penske Automotive Group PB Ratio Related Terms
Thank you for viewing the detailed overview of Penske Automotive Group's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Penske Automotive Group (Penske Automotive Group) Business Description
Penske Automotive Group operates in about 20 U.S. states and overseas. It has about 150 U.S. light-vehicle stores including in Puerto Rico as well as 189 franchised dealerships overseas, primarily in the United Kingdom. The company is the second-largest U.S.-based dealership in terms of light-vehicle revenue and sells more than 35 brands, with over 90% of retail automotive revenue coming from luxury and import names. Other services, in addition to new and used vehicles, are parts and repair and finance and insurance. The firm's Premier Truck Group owns 44 truck dealerships selling mostly Freightliner and Western Star brands, and Penske owns 20 CarShop used-vehicle stores in the U.S. and U.K. The company is based in Michigan and was called United Auto Group before changing its name in 2007.
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