Bechtle AG (Bechtle AG) PB Ratio : 3.29 (As of Apr. 26, 2024)

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What is Bechtle AG PB Ratio?

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), Bechtle AG's share price is $9.935. Bechtle AG's Book Value per Share for the quarter that ended in Dec. 2023 was $3.02. Hence, Bechtle AG's PB Ratio of today is 3.29.

The historical rank and industry rank for Bechtle AG's PB Ratio or its related term are showing as below:

BECTY' s PB Ratio Range Over the Past 10 Years
Min: 1.53 Med: 3.41 Max: 7.23
Current: 3.39

During the past 13 years, Bechtle AG's highest PB Ratio was 7.23. The lowest was 1.53. And the median was 3.41.

BECTY's PB Ratio is ranked worse than
59.43% of 2578 companies
in the Software industry
Industry Median: 2.615 vs BECTY: 3.39

During the past 12 months, Bechtle AG's average Book Value Per Share Growth Rate was 13.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 14.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 14.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 13.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Bechtle AG was 15.30% per year. The lowest was 9.10% per year. And the median was 11.10% per year.

Back to Basics: PB Ratio

Bechtle AG PB Ratio Historical Data

The historical data trend for Bechtle AG'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.

Bechtle AG PB Ratio Chart

Bechtle AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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6.54

5.59

2.71

3.44

Bechtle AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio	Get a 7-Day Free Trial															2.71	2.91	2.97	3.41	3.44

Competitive Comparison of Bechtle AG's PB Ratio

For the Information Technology Services subindustry, Bechtle AG'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.

Bechtle AG's PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Bechtle AG's PB Ratio distribution charts can be found below:

* The bar in red indicates where Bechtle AG's PB Ratio falls into.

Bechtle AG 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.

Bechtle AG's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	9.935	/	3.016
	=	3.29

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.

Bechtle AG (OTCPK:BECTY) 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.

Bechtle AG PB Ratio Related Terms

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Bechtle AG (Bechtle AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Bechtle AG (OTCPK:BECTY) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

BHTLF:USA 0DPM:UK BC8:Germany BC8:Austria

Address

Bechtle Platz 1, Neckarsulm, BW, DEU, 74172

Website

https://www.bechtle.com

Bechtle AG is an information technology provider with operations in Germany, Austria, Switzerland, and other European countries. The company's customers are mainly in the industrial, trade, financial, and public sectors. Bechtle operates through two segments: IT System House and Managed Services, and IT E-commerce. The IT System House and Managed Services segment consist of IT strategy consulting, hardware and software sales, project planning and roll-out, system integrations, IT services and training, and client management, among others. The IT E-commerce segment includes e-procurement services, software solutions, and product marketing through the Internet and telemarketing.

Bechtle AG (Bechtle AG) Headlines

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