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Israel Shipyards Industries (XTAE:ISHI) PB Ratio : 1.63 (As of Jun. 04, 2024)


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What is Israel Shipyards 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 (2024-06-04), Israel Shipyards Industries's share price is ₪60.36. Israel Shipyards Industries's Book Value per Share for the quarter that ended in Dec. 2023 was ₪37.09. Hence, Israel Shipyards Industries's PB Ratio of today is 1.63.

Good Sign:

Israel Shipyards Industries Ltd stock PB Ratio (=1.64) is close to 5-year low of 1.64

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

XTAE:ISHI' s PB Ratio Range Over the Past 10 Years
Min: 1.64   Med: 2.43   Max: 4.76
Current: 1.64

During the past 7 years, Israel Shipyards Industries's highest PB Ratio was 4.76. The lowest was 1.64. And the median was 2.43.

XTAE:ISHI's PB Ratio is ranked better than
69.69% of 287 companies
in the Aerospace & Defense industry
Industry Median: 2.63 vs XTAE:ISHI: 1.64

During the past 12 months, Israel Shipyards Industries's average Book Value Per Share Growth Rate was 8.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 8.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 25.20% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Israel Shipyards Industries was 35.10% per year. The lowest was 8.50% per year. And the median was 31.20% per year.

Back to Basics: PB Ratio


Israel Shipyards Industries PB Ratio Historical Data

The historical data trend for Israel Shipyards 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.

Israel Shipyards Industries PB Ratio Chart

Israel Shipyards Industries Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial - 2.11 2.66 2.36 2.04

Israel Shipyards Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 2.36 2.19 2.48 2.51 2.04

Competitive Comparison of Israel Shipyards Industries's PB Ratio

For the Aerospace & Defense subindustry, Israel Shipyards 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.


Israel Shipyards Industries's PB Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Israel Shipyards Industries's PB Ratio distribution charts can be found below:

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



Israel Shipyards 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=60.36/37.088
=1.63

* 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.


Israel Shipyards Industries  (XTAE:ISHI) 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.


Israel Shipyards Industries PB Ratio Related Terms

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


Israel Shipyards Industries (XTAE:ISHI) Business Description

Traded in Other Exchanges
N/A
Address
Haifa Bay, P.O.B. 10630, Haifa, ISR, 2611702
Israel Shipyards Industries Ltd is a ship building company. The company designs, renovates, and repairs ships and vessels. The product portfolio includes Fast-Attack Vessel, Patrol Vessel, Fast Patrol Craft, Merchant ships, Floating docks, Tugs, Service boats, and other products. Also, the company manufactures Pressure Vessels, Panamax Container Cranes, and Industrial Large Pressure Vessels.

Israel Shipyards Industries (XTAE:ISHI) Headlines