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Webco Industries (Webco Industries) PB Ratio : 0.45 (As of Apr. 29, 2024)


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What is Webco Industries 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 (2024-04-29), Webco Industries's share price is $170.01. Webco Industries's Book Value per Share for the quarter that ended in Jul. 2023 was $373.86. Hence, Webco Industries's PB Ratio of today is 0.45.

Good Sign:

Webco Industries Inc stock PB Ratio (=0.45) is close to 3-year low of 0.43

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

WEBC' s PB Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.52   Max: 1.06
Current: 0.45

During the past 13 years, Webco Industries's highest PB Ratio was 1.06. The lowest was 0.17. And the median was 0.52.

WEBC's PB Ratio is ranked better than
82.57% of 608 companies
in the Steel industry
Industry Median: 1.01 vs WEBC: 0.45

During the past 12 months, Webco Industries's average Book Value Per Share Growth Rate was 73.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 23.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 9.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 11.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Webco Industries was 36.00% per year. The lowest was -1.90% per year. And the median was 4.50% per year.

Back to Basics: PB Ratio


Webco Industries PB Ratio Historical Data

The historical data trend for Webco Industries'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.

Webco Industries PB Ratio Chart

Webco Industries Annual Data
Trend Jul05 Jul06 Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 0.22 0.42 0.52 0.43

Webco Industries Semi-Annual Data
Jul95 Jul96 Jul97 Jul98 Jul99 Jul00 Jul01 Jul02 Jul03 Jul04 Jul05 Jul06 Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul23
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 0.30 0.22 0.42 0.52 0.43

Competitive Comparison of Webco Industries's PB Ratio

For the Steel subindustry, Webco Industries'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.


Webco Industries's PB Ratio Distribution in the Steel Industry

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

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



Webco Industries 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.

Webco Industries's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jul. 2023)
=170.01/373.862
=0.45

* 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.


Webco Industries  (OTCPK:WEBC) 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.


Webco Industries PB Ratio Related Terms

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


Webco Industries (Webco Industries) Business Description

Traded in Other Exchanges
N/A
Address
9101 West 21st Street S, P.O. Box 100, Sand Springs, OK, USA, 74063
Webco Industries Inc is a specialty manufacturer of high-quality carbon and stainless steel tubing products that are designed to industry and customer specifications. The company's products include Welded tubing; Cold drawn- Welded and Cold drawn- Seamless. Its value-added services include bending, custom mill length, end formed/swaged, finning, heat treating, packaging, precision cutting, product availability and responsiveness.
Executives
Dana Suzette Weber director, 10 percent owner, officer: Pres and COO
F William Weber director, 10 percent owner, officer: Chmn and CEO
Bradley Scott Vetal director 10701 E UTE STREET, TULSA OK 74116
Jack D Mccarthy director
David Edward Boyer officer: Sr VP - Tubing Oper and Secy
Michael Paul Howard officer: Sr VP - Fin and Adm / CFO
Kenneth Eugene Case director
Christopher Lee Kowalski director, officer: Pres of 100% owned sub

Webco Industries (Webco Industries) Headlines