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Rath AG (WBO:RAT) PB Ratio : 0.72 (As of May. 12, 2024)


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What is Rath 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 (2024-05-12), Rath AG's share price is €28.00. Rath AG's Book Value per Share for the quarter that ended in Dec. 2023 was €38.82. Hence, Rath AG's PB Ratio of today is 0.72.

Good Sign:

Rath AG stock PB Ratio (=0.72) is close to 3-year low of 0.67

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

WBO:RAT' s PB Ratio Range Over the Past 10 Years
Min: 0.25   Med: 0.67   Max: 1.05
Current: 0.72

During the past 13 years, Rath AG's highest PB Ratio was 1.05. The lowest was 0.25. And the median was 0.67.

WBO:RAT's PB Ratio is ranked better than
72.7% of 1619 companies
in the Construction industry
Industry Median: 1.25 vs WBO:RAT: 0.72

During the past 12 months, Rath AG's average Book Value Per Share Growth Rate was 5.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 7.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 5.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Rath AG was 8.60% per year. The lowest was -3.60% per year. And the median was 2.50% per year.

Back to Basics: PB Ratio


Rath AG PB Ratio Historical Data

The historical data trend for Rath 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.

Rath AG PB Ratio Chart

Rath AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.83 0.73 0.88 0.71 0.70

Rath AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.88 0.74 0.71 0.70 0.70

Competitive Comparison of Rath AG's PB Ratio

For the Building Products & Equipment subindustry, Rath 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.


Rath AG's PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Rath AG's PB Ratio distribution charts can be found below:

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



Rath 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=28.00/38.824
=0.72

* 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.


Rath AG  (WBO:RAT) 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.


Rath AG PB Ratio Related Terms

Thank you for viewing the detailed overview of Rath AG's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Rath AG (WBO:RAT) Business Description

Traded in Other Exchanges
N/A
Address
Walfischgasse 14, Vienna, AUT, 1015
Rath AG is an Austrian company that manufactures refractory products. It produces dense stones, refractory bricks, masses and high-temperature wool. It operates in nine different industry sectors, namely Iron and steel industry, domestic fireplaces, ceramic industry, sonderofenbau, energy and environmental technology, chemical, and petrochemical industry, glass industry, non-ferrous metal industry and cement and lime industry.

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