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 (2022-08-09), Verizon Communications's share price is $44.54. Verizon Communications's Book Value per Share for the quarter that ended in Jun. 2022 was $20.48. Hence, Verizon Communications's PB Ratio of today is 2.17.
Good Sign:
Verizon Communications Inc stock PB Ratio (=2.19) is close to 10-year low of 2.17
The historical rank and industry rank for Verizon Communications's PB Ratio or its related term are showing as below:
VZ'
s PB Ratio Range Over the Past 10 Years
Min: 2.17 Med: 4.16 Max: 22.01
Current: 2.17
During the past 13 years, Verizon Communications's highest PB Ratio was 22.01. The lowest was 2.17. And the median was 4.16.
VZ's PB Ratio is ranked worse than 56.3% of 373
companies
in the Telecommunication Services industry
Industry Median: 1.97
vs VZ: 2.17
During the past 12 months, Verizon Communications's average Book Value Per Share Growth Rate was 15.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 14.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 24.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 7.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Verizon Communications was 52.80% per year. The lowest was -38.40% per year. And the median was 1.50% per year.
Back to Basics: PB Ratio
Verizon Communications PB Ratio Historical Data
The historical data trend for Verizon Communications'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.
Verizon Communications Annual Data
Trend
Dec12
Dec13
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
PB Ratio
5.01
4.37
4.14
3.58
2.67
Verizon Communications Quarterly Data
Sep17
Dec17
Mar18
Jun18
Sep18
Dec18
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
PB Ratio
3.15
2.90
2.67
2.55
2.48
Competitive Comparison
For the Telecom Services subindustry, Verizon Communications'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.
Verizon Communications PB Ratio Distribution
For the Telecommunication Services industry and Communication Services sector, Verizon Communications's PB Ratio distribution charts can be found below:
* The bar in red indicates where Verizon Communications's PB Ratio falls into.
Verizon Communications 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.
Verizon Communications'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.
Verizon Communications (NYSE:VZ) 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.
Verizon Communications PB Ratio Related Terms
Thank you for viewing the detailed overview of Verizon Communications's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Verizon is now primarily a wireless business (more than 70% of revenue and nearly all operating income). It serves about 91 million postpaid and 4 million prepaid phone customers and connects another 25 million data devices, like tablets, via its nationwide network, making it the largest U.S. wireless carrier. The firm has agreed to acquire Tracfone, a wireless reseller that serves about 20 million prepaid customers in the U.S., from America Movil. Fixed-line telecom operations include local networks (12% of revenue) in the Northeast, which reach about 25 million homes and businesses, and nationwide enterprise services (10%). Verizon Media Group, the online media and advertising firm formed with the acquisitions of AOL and Yahoo, provides the remainder of revenue.
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