Betolar Oyj (OHEL:BETOLAR) PB Ratio : 1.45 (As of May. 23, 2024)

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What is Betolar Oyj 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 (2024-05-23), Betolar Oyj's share price is €1.02. Betolar Oyj's Book Value per Share for the quarter that ended in Dec. 2023 was €0.70. Hence, Betolar Oyj's PB Ratio of today is 1.45.

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

OHEL:BETOLAR' s PB Ratio Range Over the Past 10 Years
Min: 0.7 Med: 1.9 Max: 88.89
Current: 1.46

During the past 5 years, Betolar Oyj's highest PB Ratio was 88.89. The lowest was 0.70. And the median was 1.90.

OHEL:BETOLAR's PB Ratio is ranked worse than
57.89% of 380 companies
in the Building Materials industry
Industry Median: 1.215 vs OHEL:BETOLAR: 1.46

During the past 12 months, Betolar Oyj's average Book Value Per Share Growth Rate was -48.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 113.70% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Betolar Oyj was 289.70% per year. The lowest was 113.70% per year. And the median was 201.70% per year.

Back to Basics: PB Ratio

Betolar Oyj PB Ratio Historical Data

The historical data trend for Betolar Oyj'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.

Betolar Oyj PB Ratio Chart

Betolar Oyj Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

3.20

2.24

1.85

Betolar Oyj Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial			3.20	2.59	2.24	2.82	1.85

Competitive Comparison of Betolar Oyj's PB Ratio

For the Building Materials subindustry, Betolar Oyj'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.

Betolar Oyj's PB Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Betolar Oyj's PB Ratio distribution charts can be found below:

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

Betolar Oyj 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.

Betolar Oyj's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	1.02	/	0.703
	=	1.45

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.

Betolar Oyj (OHEL:BETOLAR) 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.

Betolar Oyj PB Ratio Related Terms

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Betolar Oyj (OHEL:BETOLAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Betolar Oyj (OHEL:BETOLAR) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mannilantie 9, Kannonkoski, FIN, 43300

Website

https://www.betolar.com

Betolar Oyj is a Finnish materials technology company in the growth stage, whose mission is to enable the green transition of different industries globally, especially in the construction, process, and energy industries, by offering solutions for the utilization of its material technology. With its Geoprime solution, the company offers an alternative for producing sustainable and low-carbon concrete and concrete applications. The solution can be used to convert previously under-used or unused industrial side streams into a substitute for cement used in the production of concrete. Its product offering is divided into four segments: precast small concrete products, building elements, mining, and recycling of untapped side streams.

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