LG Electronics (XKRX:066570) PB Ratio : 0.85 (As of May. 04, 2024)

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What is LG Electronics 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 (2024-05-04), LG Electronics's share price is ₩92400.00. LG Electronics's Book Value per Share for the quarter that ended in Dec. 2023 was ₩108,731.38. Hence, LG Electronics's PB Ratio of today is 0.85.

Good Sign:

LG Electronics Inc stock PB Ratio (=0.85) is close to 1-year low of 0.83

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

XKRX:066570' s PB Ratio Range Over the Past 10 Years
Min: 0.57 Med: 0.96 Max: 2.08
Current: 0.85

During the past 13 years, LG Electronics's highest PB Ratio was 2.08. The lowest was 0.57. And the median was 0.96.

XKRX:066570's PB Ratio is ranked better than
81.54% of 2389 companies
in the Hardware industry
Industry Median: 1.87 vs XKRX:066570: 0.85

During the past 12 months, LG Electronics's average Book Value Per Share Growth Rate was 3.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 8.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 7.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 5.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of LG Electronics was 20.50% per year. The lowest was -5.50% per year. And the median was 5.75% per year.

Back to Basics: PB Ratio

LG Electronics PB Ratio Historical Data

The historical data trend for LG Electronics'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.

LG Electronics PB Ratio Chart

LG Electronics Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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0.91

1.58

1.45

0.82

0.94

LG Electronics Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio	Get a 7-Day Free Trial															0.82	1.05	1.14	0.89	0.94

Competitive Comparison of LG Electronics's PB Ratio

For the Consumer Electronics subindustry, LG Electronics'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.

LG Electronics's PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, LG Electronics's PB Ratio distribution charts can be found below:

* The bar in red indicates where LG Electronics's PB Ratio falls into.

LG Electronics 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.

LG Electronics's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	92400.00	/	108731.377
	=	0.85

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.

LG Electronics (XKRX:066570) 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.

LG Electronics PB Ratio Related Terms

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LG Electronics (XKRX:066570) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » LG Electronics Inc (XKRX:066570) » Definitions » PB Ratio

Traded in Other Exchanges

066575:Korea LGLD:UK LGLG:Germany

Address

Twin Tower 128, Yeoui-daero, Yeongdeungpo-gu, Seoul, KOR, 07336

Website

https://www.lge.co.kr

LG Electronics Inc is a South Korea-based company that produces a broad range of electronic products. Its businesses are the home entertainment segment, which produces and sells TVs and digital media products; the mobile communications segment, which produces and sells mobile communications equipment; the home appliance and air solutions segment, which produces and sells washing machines, refrigerators, and other products; the vehicle components segment, which designs and produces vehicle parts; the business solutions segment, which manufactures and sells PCs, solar panels, and other products; and Innotek, which sells substrates, sensors, and other items. The company generates the majority of total revenue from the home entertainment and home appliance and air solutions segments.

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