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Arise AB (CHIX:ARISES) PB Ratio : 0.73 (As of May. 30, 2024)


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What is Arise AB 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 (2024-05-30), Arise AB's share price is kr32.65. Arise AB's Book Value per Share for the quarter that ended in Mar. 2024 was kr44.60. Hence, Arise AB's PB Ratio of today is 0.73.

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

CHIX:ARISEs' s PB Ratio Range Over the Past 10 Years
Min: 0.41   Med: 0.73   Max: 4.56
Current: 1.01

During the past 13 years, Arise AB's highest PB Ratio was 4.56. The lowest was 0.41. And the median was 0.73.

CHIX:ARISEs's PB Ratio is ranked better than
63.16% of 418 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.295 vs CHIX:ARISEs: 1.01

During the past 12 months, Arise AB's average Book Value Per Share Growth Rate was 9.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 30.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 13.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -1.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Arise AB was 72.80% per year. The lowest was -12.00% per year. And the median was -2.85% per year.

Back to Basics: PB Ratio


Arise AB PB Ratio Historical Data

The historical data trend for Arise AB'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.

Arise AB PB Ratio Chart

Arise AB 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 1.42 2.12 2.42 1.57 0.76

Arise AB 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 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 1.15 1.32 0.99 0.76 0.73

Competitive Comparison of Arise AB's PB Ratio

For the Utilities - Renewable subindustry, Arise AB'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.


Arise AB's PB Ratio Distribution in the Utilities - Independent Power Producers Industry

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

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



Arise AB 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.

Arise AB's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=32.65/44.602
=0.73

* 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.


Arise AB  (CHIX:ARISEs) 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.


Arise AB PB Ratio Related Terms

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


Arise AB (CHIX:ARISES) Business Description

Traded in Other Exchanges
Address
Kristian IV: s vag 3, Box 808, Halmstad, SWE, 302 50
Arise AB is an onshore wind power company. The company operates its business in two segments: Own Wind Power Operations and Development & Management. The Own wind power operations comprise 10 wind farms totaling 139 MW in southern Sweden and is engaged in the production and sale of electricity and electricity certificates. The Development and Management segment includes project development, construction, and sales of projects for renewable electricity production and management.

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