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Forvia SE (XPAR:FRVIA) PB Ratio : 0.64 (As of May. 13, 2024)


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What is Forvia SE 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 (2024-05-13), Forvia SE's share price is €14.72. Forvia SE's Book Value per Share for the quarter that ended in Dec. 2023 was €22.88. Hence, Forvia SE's PB Ratio of today is 0.64.

Good Sign:

Forvia SE stock PB Ratio (=0.64) is close to 1-year low of 0.58

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

XPAR:FRVIA' s PB Ratio Range Over the Past 10 Years
Min: 0.5   Med: 1.78   Max: 3.22
Current: 0.64

During the past 13 years, Forvia SE's highest PB Ratio was 3.22. The lowest was 0.50. And the median was 1.78.

XPAR:FRVIA's PB Ratio is ranked better than
79.41% of 1248 companies
in the Vehicles & Parts industry
Industry Median: 1.46 vs XPAR:FRVIA: 0.64

During the past 12 months, Forvia SE's average Book Value Per Share Growth Rate was -0.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 0.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -2.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 7.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Forvia SE was 56.40% per year. The lowest was -58.30% per year. And the median was 9.50% per year.

Back to Basics: PB Ratio


Forvia SE PB Ratio Historical Data

The historical data trend for Forvia SE'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.

Forvia SE PB Ratio Chart

Forvia SE 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 1.59 1.70 1.68 0.61 0.89

Forvia SE Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 1.68 0.78 0.61 0.97 0.89

Competitive Comparison of Forvia SE's PB Ratio

For the Auto Parts subindustry, Forvia SE'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.


Forvia SE's PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Forvia SE's PB Ratio distribution charts can be found below:

* The bar in red indicates where Forvia SE's PB Ratio falls into.



Forvia SE 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.

Forvia SE's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=14.72/22.881
=0.64

* 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.


Forvia SE  (XPAR:FRVIA) 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.


Forvia SE PB Ratio Related Terms

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


Forvia SE (XPAR:FRVIA) Business Description

Traded in Other Exchanges
Address
23-27 avenue des Champs-Pierreux, Nanterre, FRA, 92000
Forvia operates in automotive seating, interior systems, emission control technologies, electronics, lighting, and a segment called lifecycle solutions that does automotive-related recycling. The company has a global presence, with over 300 industrial facilities and 63 R&D centers in more than 40 countries, but much of its workforce is located in high-cost countries. Forvia's five largest customers by percentage of 2022 revenue are Volkswagen at 15.4%, Stellantis at 11.7%, Ford at 7.7%, the Renault-Nissan-Mitsubishi Alliance at 6.2%, and Mercedes-Benz at 6.1%. Geographically, Europe accounted for 44% of 2022 revenue, followed by North America at 25%, China at 21%, and all other regions at 10%.

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