Grendene (BSP:GRND3) PB Ratio : 1.52 (As of May. 15, 2024)

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What is Grendene 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 (2024-05-15), Grendene's share price is R$6.20. Grendene's Book Value per Share for the quarter that ended in Mar. 2024 was R$4.07. Hence, Grendene's PB Ratio of today is 1.52.

Good Sign:

Grendene SA stock PB Ratio (=1.52) is close to 1-year low of 1.47

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

BSP:GRND3' s PB Ratio Range Over the Past 10 Years
Min: 1.27 Med: 2.06 Max: 3.39
Current: 1.52

During the past 13 years, Grendene's highest PB Ratio was 3.39. The lowest was 1.27. And the median was 2.06.

BSP:GRND3's PB Ratio is ranked worse than
58.31% of 1005 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.24 vs BSP:GRND3: 1.52

During the past 12 months, Grendene's average Book Value Per Share Growth Rate was 8.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -4.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 1.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 7.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Grendene was 17.00% per year. The lowest was -4.70% per year. And the median was 10.55% per year.

Back to Basics: PB Ratio

Grendene PB Ratio Historical Data

The historical data trend for Grendene'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.

Grendene PB Ratio Chart

Grendene Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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2.76

1.79

1.90

1.25

1.74

Grendene Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
PB Ratio	Get a 7-Day Free Trial															1.91	2.00	1.74	1.74	1.62

Competitive Comparison of Grendene's PB Ratio

For the Footwear & Accessories subindustry, Grendene'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.

Grendene's PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Grendene's PB Ratio distribution charts can be found below:

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

Grendene 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.

Grendene's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Mar. 2024)
	=	6.20	/	4.068
	=	1.52

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.

Grendene (BSP:GRND3) 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.

Grendene PB Ratio Related Terms

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

Grendene (BSP:GRND3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Grendene SA (BSP:GRND3) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenue Pimentel Gomes 214, Sobral, CE, BRA, 62040-125

Website

https://www.grendene.com.br

Grendene SA is engaged in the development, production, distribution, and sale of plastic footwear for all the socio-economic classes, in the women's, men's, and children's market segments. It also has its own stores, franchises, and web commerce channels, operating under the brands Melissa, Grendha, Zaxy, Rider, Cartago, Grendene Kids, and Ipanema. It also owns the brands Pega Forte and Nuar. Geographically the company operates in Brazil, North America, Asia and Oceania, Europe, Central, and South America, and the Middle East and Africa, out of which a majority of its revenue comes from Brazil.

Grendene (BSP:GRND3) Headlines

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