Adtran Networks SE (Adtran Networks SE) PB Ratio

: 2.76 (As of Today)

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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 (2024-04-19), Adtran Networks SE's share price is $21.57. Adtran Networks SE's Book Value per Share for the quarter that ended in Jun. 2023 was $7.81. Hence, Adtran Networks SE's PB Ratio of today is 2.76.

Good Sign:

Adtran Networks SE stock PB Ratio (=2.77) is close to 1-year low of 2.74

The historical rank and industry rank for Adtran Networks SE's PB Ratio or its related term are showing as below:

ADVOF' s PB Ratio Range Over the Past 10 Years
Min: 0.72 Med: 1.61 Max: 3.24
Current: 2.77

During the past 13 years, Adtran Networks SE's highest PB Ratio was 3.24. The lowest was 0.72. And the median was 1.61.

ADVOF's PB Ratio is ranked worse than
71.73% of 2391 companies
in the Hardware industry
Industry Median: 1.8 vs ADVOF: 2.77

During the past 12 months, Adtran Networks SE's average Book Value Per Share Growth Rate was 2.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 11.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 9.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 7.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Adtran Networks SE was 26.60% per year. The lowest was -10.40% per year. And the median was 9.90% per year.

Back to Basics: PB Ratio

Adtran Networks SE PB Ratio Historical Data

The historical data trend for Adtran Networks SE'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.

Adtran Networks SE Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

PB Ratio

1.26

1.57

1.34

2.05

3.00

Adtran Networks SE Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
PB Ratio																2.21	2.46	3.00	3.06	2.68

Competitive Comparison

For the Communication Equipment subindustry, Adtran Networks SE'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.

Adtran Networks SE PB Ratio Distribution

For the Hardware industry and Technology sector, Adtran Networks SE's PB Ratio distribution charts can be found below:

* The bar in red indicates where Adtran Networks SE's PB Ratio falls into.

Adtran Networks SE 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.

Adtran Networks SE's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Jun. 2023)
	=	21.57	/	7.806
	=	2.76

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Adtran Networks SE (OTCPK:ADVOF) 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.

Adtran Networks SE PB Ratio Related Terms

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Adtran Networks SE (Adtran Networks SE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Adtran Networks SE (OTCPK:ADVOF) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

0NOL:UK ADV:Germany ADV:Austria

Address

Campus Martinsried, Fraunhoferstrasse 9a, Munich, BY, DEU, 82152

Website

https://www.adva.com

Adtran Networks SE Formerly ADVA Optical Networking SE develops, manufactures, and sells optical and Ethernet-based networking solutions to telecommunications carriers and enterprises. These systems are used by telecommunications service providers, private companies, universities, and government agencies. Some of its product categories are Open optical transport, Packet edge and aggregation, Disaggregated networking, Network virtualization, Network infrastructure assurance, and Automated network management. ADVA's geographical segments are Germany; the Rest of Europe, the Middle East and Africa; the Americas; and Asia-Pacific.

Adtran Networks SE (Adtran Networks SE) Headlines

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