voestalpine AG (WBO:VOE) PB Ratio

: 0.59 (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), voestalpine AG's share price is €25.00. voestalpine AG's Book Value per Share for the quarter that ended in Dec. 2023 was €42.32. Hence, voestalpine AG's PB Ratio of today is 0.59.

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

WBO:VOE' s PB Ratio Range Over the Past 10 Years
Min: 0.42 Med: 0.98 Max: 1.57
Current: 0.59

During the past 13 years, voestalpine AG's highest PB Ratio was 1.57. The lowest was 0.42. And the median was 0.98.

WBO:VOE's PB Ratio is ranked better than
73.81% of 607 companies
in the Steel industry
Industry Median: 1.01 vs WBO:VOE: 0.59

During the past 12 months, voestalpine AG's average Book Value Per Share Growth Rate was 1.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 12.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 3.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of voestalpine AG was 16.80% per year. The lowest was -21.60% per year. And the median was 3.75% per year.

Back to Basics: PB Ratio

voestalpine AG PB Ratio Historical Data

The historical data trend for voestalpine 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.

voestalpine AG Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

PB Ratio

0.74

0.60

1.14

0.70

0.72

voestalpine 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																0.59	0.72	0.74	0.59	0.67

Competitive Comparison

For the Steel subindustry, voestalpine 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.

voestalpine AG PB Ratio Distribution

For the Steel industry and Basic Materials sector, voestalpine AG's PB Ratio distribution charts can be found below:

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

voestalpine 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.

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

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	25.00	/	42.322
	=	0.59

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.

voestalpine AG (WBO:VOE) 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.

voestalpine AG PB Ratio Related Terms

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voestalpine AG (WBO:VOE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » voestalpine AG (WBO:VOE) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

VLPNY:USA VLPNF:USA 0MKX:UK VAS:Germany VOE:Czech Republic

Address

Voestalpine-Strasse 1, Linz, AUT, 4020

Website

https://www.voestalpine.com

voestalpine AG is an Austria-based holding company engaged in the manufacturing, processing and development of steel products. The company is divided into four divisions. The Steel Division is involved in the production of steel products and the casting of large turbines. The High-Performance metals Division provides metals for the automotive, consumer goods, power generation, energy and aviation sectors. The Metal Engineering division produces rails, turnout systems, track-based monitoring systems, specially treated wire and others. The Metal Forming Division provides customized special and precision sections, as well as solutions for systems in the construction, cab construction for commercial vehicles, and aviation sectors. The company generates its revenue from the European Union.

Executives

Dr. Franz Gasselsberger	Supervisory Board
Di Dr. Peter Schwab	Board of Directors
Herbert Eibensteiner	Board of Directors
Mag. Dipl.-ing. Robert Ottel	Board of Directors