Roots (TSX:ROOT) PB Ratio : 0.49 (As of Apr. 24, 2024)

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What is Roots 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 (2024-04-24), Roots's share price is C$2.30. Roots's Book Value per Share for the quarter that ended in Jan. 2024 was C$4.74. Hence, Roots's PB Ratio of today is 0.49.

Good Sign:

Roots Corp stock PB Ratio (=0.51) is close to 3-year low of 0.48

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

TSX:ROOT' s PB Ratio Range Over the Past 10 Years
Min: 0.18 Med: 0.71 Max: 2.9
Current: 0.51

During the past 9 years, Roots's highest PB Ratio was 2.90. The lowest was 0.18. And the median was 0.71.

TSX:ROOT's PB Ratio is ranked better than
85.88% of 1062 companies
in the Retail - Cyclical industry
Industry Median: 1.49 vs TSX:ROOT: 0.51

During the past 12 months, Roots's average Book Value Per Share Growth Rate was 4.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 6.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 1.40% per year.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Roots was 8.30% per year. The lowest was -9.30% per year. And the median was -0.50% per year.

Back to Basics: PB Ratio

Roots PB Ratio Historical Data

The historical data trend for Roots'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.

Roots PB Ratio Chart

Roots Annual Data

Trend

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

PB Ratio

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0.52

0.57

0.73

0.63

0.49

Roots Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
PB Ratio	Get a 7-Day Free Trial															0.63	0.70	0.70	0.62	0.49

Competitive Comparison of Roots's PB Ratio

For the Apparel Retail subindustry, Roots'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.

Roots's PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Roots's PB Ratio distribution charts can be found below:

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

Roots 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.

Roots's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Jan. 2024)
	=	2.30	/	4.741
	=	0.49

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.

Roots (TSX:ROOT) 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.

Roots PB Ratio Related Terms

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Roots (TSX:ROOT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Roots Corp (TSX:ROOT) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

RROTF:USA

Address

1400 Castlefield Avenue, Toronto, ON, CAN, M6B 4C4

Website

https://www.roots.com

Roots Corp provides a portfolio of apparel, leather goods, accessories, and footwear for men, women, and children under the Roots brand. Its merchandise includes genuine leather, such as jackets, bags, and luggage; kids & baby clothing; and leather, linens, towels, and accessories. The company operates through two segments: Direct-To-Consumer, which accounts for the majority of revenue, and Partners & Other. The DTC segment sells products through the company's corporate retail stores and e-commerce. The Partners & Other segment engage in the wholesale of Roots-branded products to the company's international operating partner, and it earns royalties on the retail sales of Roots-branded products. The company has operating stores in Canada, the United States, Taiwan, China, and Hong Kong.