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Groupe Okwind (XPAR:ALOKW) PB Ratio : 5.18 (As of Apr. 28, 2024)


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What is Groupe Okwind 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 (2024-04-28), Groupe Okwind's share price is €19.90. Groupe Okwind's Book Value per Share for the quarter that ended in Jun. 2023 was €3.84. Hence, Groupe Okwind's PB Ratio of today is 5.18.

Good Sign:

Groupe Okwind SA stock PB Ratio (=5.18) is close to 1-year low of 5.02

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

XPAR:ALOKW' s PB Ratio Range Over the Past 10 Years
Min: 3.75   Med: 5.94   Max: 9.78
Current: 5.18

During the past 4 years, Groupe Okwind's highest PB Ratio was 9.78. The lowest was 3.75. And the median was 5.94.

XPAR:ALOKW's PB Ratio is ranked worse than
90.31% of 413 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.21 vs XPAR:ALOKW: 5.18

Back to Basics: PB Ratio


Groupe Okwind PB Ratio Historical Data

The historical data trend for Groupe Okwind'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.

Groupe Okwind PB Ratio Chart

Groupe Okwind Annual Data
Trend Dec19 Dec20 Dec21 Dec22
PB Ratio
- - - 3.81

Groupe Okwind Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23
PB Ratio - - - 3.81 6.90

Competitive Comparison of Groupe Okwind's PB Ratio

For the Utilities - Renewable subindustry, Groupe Okwind'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.


Groupe Okwind's PB Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Groupe Okwind's PB Ratio distribution charts can be found below:

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



Groupe Okwind 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.

Groupe Okwind's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2023)
=19.90/3.838
=5.18

* 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.


Groupe Okwind  (XPAR:ALOKW) 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.


Groupe Okwind PB Ratio Related Terms

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


Groupe Okwind (XPAR:ALOKW) Business Description

Traded in Other Exchanges
N/A
Address
Parc d’activités Torcé Ouest ZA du Haut Montigné, Torce, FRA
Groupe Okwind SA is specialized in developing solutions for short-circuit green energy production and use. The company offers smart, AI-based energy production management by bringing individuals, farms, industrial sites and local governments self-supply solutions that enable them to generate and use their own energy using smart, high-performance photovoltaic trackers. France account for all net sales.

Groupe Okwind (XPAR:ALOKW) Headlines

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