IRCE SpA (MIL:IRC) PB Ratio : 0.37 (As of May. 30, 2024)

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What is IRCE SpA 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), IRCE SpA's share price is €2.17. IRCE SpA's Book Value per Share for the quarter that ended in Mar. 2024 was €5.86. Hence, IRCE SpA's PB Ratio of today is 0.37.

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

MIL:IRC' s PB Ratio Range Over the Past 10 Years
Min: 0.26 Med: 0.39 Max: 0.69
Current: 0.36

During the past 13 years, IRCE SpA's highest PB Ratio was 0.69. The lowest was 0.26. And the median was 0.39.

MIL:IRC's PB Ratio is ranked better than
96.7% of 2938 companies
in the Industrial Products industry
Industry Median: 1.92 vs MIL:IRC: 0.36

During the past 12 months, IRCE SpA's average Book Value Per Share Growth Rate was 4.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 7.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 0.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of IRCE SpA was 7.80% per year. The lowest was -3.70% per year. And the median was 0.55% per year.

Back to Basics: PB Ratio

IRCE SpA PB Ratio Historical Data

The historical data trend for IRCE SpA'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.

IRCE SpA PB Ratio Chart

IRCE SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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0.36

0.37

0.63

0.36

0.34

IRCE SpA 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															0.42	0.37	0.35	0.34	0.35

Competitive Comparison of IRCE SpA's PB Ratio

For the Electrical Equipment & Parts subindustry, IRCE SpA'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.

IRCE SpA's PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, IRCE SpA's PB Ratio distribution charts can be found below:

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

IRCE SpA 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.

IRCE SpA's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Mar. 2024)
	=	2.17	/	5.862
	=	0.37

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.

IRCE SpA (MIL:IRC) 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.

IRCE SpA PB Ratio Related Terms

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IRCE SpA (MIL:IRC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » IRCE SpA (MIL:IRC) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

IRQ:Germany

Address

Via Lasie 12/A, Imola, ITA, 40026

Website

https://www.irce.it

IRCE SpA is an Italy-based company engaged in the manufacturing of its core activities through its segments namely the Winding wires segment and Cables segment. The Winding wire segment consists of the manufacturing of electric motors and generators, transformers, relays, and solenoid valves whereas the Cable segment includes energy and data cables that are supplied to industries like construction, civil and industrial engineering, and electoral devices for consumable durable goods. It generates the majority of its revenue from the winding wires segment. The company products include Enamelled copper and aluminum round wire, Copper and aluminum rectangular wire, Medium Voltage Cables, and others. The company's geographical segments are Italy, the European Union, and Non-European Union.