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Aluminium du Maroc (CAS:ALM) PB Ratio : 2.88 (As of May. 24, 2024)


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What is Aluminium du Maroc 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 (2024-05-24), Aluminium du Maroc's share price is MAD1525.00. Aluminium du Maroc's Book Value per Share for the quarter that ended in Dec. 2023 was MAD529.46. Hence, Aluminium du Maroc's PB Ratio of today is 2.88.

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

CAS:ALM' s PB Ratio Range Over the Past 10 Years
Min: 1.45   Med: 2.14   Max: 2.97
Current: 2.88

During the past 12 years, Aluminium du Maroc's highest PB Ratio was 2.97. The lowest was 1.45. And the median was 2.14.

CAS:ALM's PB Ratio is ranked worse than
73.03% of 2377 companies
in the Metals & Mining industry
Industry Median: 1.44 vs CAS:ALM: 2.88

During the past 12 months, Aluminium du Maroc's average Book Value Per Share Growth Rate was -9.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -6.30% per year.

During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Aluminium du Maroc was 4.00% per year. The lowest was -12.60% per year. And the median was -7.00% per year.

Back to Basics: PB Ratio


Aluminium du Maroc PB Ratio Historical Data

The historical data trend for Aluminium du Maroc'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.

Aluminium du Maroc PB Ratio Chart

Aluminium du Maroc Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.93 2.09 - 2.44 2.59

Aluminium du Maroc Semi-Annual Data
Dec13 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 - 2.49 2.44 2.57 2.59

Competitive Comparison of Aluminium du Maroc's PB Ratio

For the Aluminum subindustry, Aluminium du Maroc'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.


Aluminium du Maroc's PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Aluminium du Maroc's PB Ratio distribution charts can be found below:

* The bar in red indicates where Aluminium du Maroc's PB Ratio falls into.



Aluminium du Maroc 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.

Aluminium du Maroc's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=1525.00/529.456
=2.88

* 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.


Aluminium du Maroc  (CAS:ALM) 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.


Aluminium du Maroc PB Ratio Related Terms

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


Aluminium du Maroc (CAS:ALM) Business Description

Traded in Other Exchanges
N/A
Address
Industrial Zone - Tetouan Road, BP 324, Tangier, MAR, 90000
Aluminium du Maroc is engaged in design and manufacture of aluminum alloy profiles for building and industry. The company's products portfolio includes sliders, doors, roofing, facades, pool barrier, strikes, bodyguards, shutters, and portals.

Aluminium du Maroc (CAS:ALM) Headlines

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