Loomis AB (OSTO:LOOMIS) PB Ratio : 1.40 (As of May. 11, 2024)

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What is Loomis 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 (2024-05-11), Loomis AB's share price is kr268.80. Loomis AB's Book Value per Share for the quarter that ended in Mar. 2024 was kr192.14. Hence, Loomis AB's PB Ratio of today is 1.40.

Good Sign:

Loomis AB stock PB Ratio (=1.4) is close to 10-year low of 1.34

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

OSTO:LOOMIS' s PB Ratio Range Over the Past 10 Years
Min: 1.34 Med: 2.8 Max: 4.32
Current: 1.4

During the past 13 years, Loomis AB's highest PB Ratio was 4.32. The lowest was 1.34. And the median was 2.80.

OSTO:LOOMIS's PB Ratio is ranked better than
60.88% of 1025 companies
in the Business Services industry
Industry Median: 1.81 vs OSTO:LOOMIS: 1.40

During the past 12 months, Loomis AB's average Book Value Per Share Growth Rate was 7.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 15.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 10.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 11.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Loomis AB was 63.90% per year. The lowest was 3.10% per year. And the median was 12.35% per year.

Back to Basics: PB Ratio

Loomis AB PB Ratio Historical Data

The historical data trend for Loomis 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.

Loomis AB PB Ratio Chart

Loomis AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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3.04

1.94

1.77

1.64

1.50

Loomis 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															1.99	1.70	1.56	1.50	1.56

Competitive Comparison of Loomis AB's PB Ratio

For the Security & Protection Services subindustry, Loomis 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.

Loomis AB's PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Loomis AB's PB Ratio distribution charts can be found below:

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

Loomis 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.

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

PB Ratio	=	Share Price	/	Book Value per Share (Q: Mar. 2024)
	=	268.80	/	192.141
	=	1.40

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.

Loomis AB (OSTO:LOOMIS) 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.

Loomis AB PB Ratio Related Terms

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

Loomis AB (OSTO:LOOMIS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Loomis AB (OSTO:LOOMIS) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

0JYZ:UK K900:Germany

Address

Drottninggatan 82, 4th floor, P.O Box 702, Stockholm, SWE, 111 36

Website

https://www.loomis.com

Loomis AB is a Sweden-based company primarily engaged in cash handling services, which include cash in transit, or CIT, and cash management services, or CMS. CIT involves transporting cash to and from stores, banks and ATMs. CMS involves moving cash from customers to Loomis' cash centers where Loomis counts and packages bills and coins with quality assurance. CMS also involves cash flow analyzing, forecasting, and reporting, as well as other customized solutions. Besides CIT and CMS, Loomis also provides cross-border transportation services and general cargo services. Its segments are Europe, the United States, and Loomis Pay.

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