Phoenix Mecano AG (XSWX:PMN) PB Ratio : 1.94 (As of May. 15, 2024)

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What is Phoenix Mecano AG 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 (2024-05-15), Phoenix Mecano AG's share price is CHF520.00. Phoenix Mecano AG's Book Value per Share for the quarter that ended in Dec. 2023 was CHF267.70. Hence, Phoenix Mecano AG's PB Ratio of today is 1.94.

The historical rank and industry rank for Phoenix Mecano AG's PB Ratio or its related term are showing as below:

XSWX:PMN' s PB Ratio Range Over the Past 10 Years
Min: 1.21 Med: 1.6 Max: 2.22
Current: 1.95

During the past 13 years, Phoenix Mecano AG's highest PB Ratio was 2.22. The lowest was 1.21. And the median was 1.60.

XSWX:PMN's PB Ratio is ranked worse than
50.92% of 2932 companies
in the Industrial Products industry
Industry Median: 1.92 vs XSWX:PMN: 1.95

During the past 12 months, Phoenix Mecano AG's average Book Value Per Share Growth Rate was 3.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 7.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -1.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -3.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Phoenix Mecano AG was 11.40% per year. The lowest was -12.80% per year. And the median was 2.30% per year.

Back to Basics: PB Ratio

Phoenix Mecano AG PB Ratio Historical Data

The historical data trend for Phoenix Mecano AG'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.

Phoenix Mecano AG PB Ratio Chart

Phoenix Mecano AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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1.94

2.14

1.64

1.28

1.62

Phoenix Mecano AG 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															1.64	1.42	1.28	1.52	1.62

Competitive Comparison of Phoenix Mecano AG's PB Ratio

For the Specialty Industrial Machinery subindustry, Phoenix Mecano AG'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.

Phoenix Mecano AG's PB Ratio Distribution in the Industrial Products Industry

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

* The bar in red indicates where Phoenix Mecano AG's PB Ratio falls into.

Phoenix Mecano AG 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.

Phoenix Mecano AG's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	520.00	/	267.697
	=	1.94

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.

Phoenix Mecano AG (XSWX:PMN) 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.

Phoenix Mecano AG PB Ratio Related Terms

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Phoenix Mecano AG (XSWX:PMN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Phoenix Mecano AG (XSWX:PMN) » Definitions » PB Ratio

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Traded in Other Exchanges

PMNE:Switzerland

Address

Hofwisenstrasse 6, Stein am Rhein, CHE, CH-8260

Website

https://www.phoenix-mecano.com

Phoenix Mecano AG is a technology company that manufactures and develops enclosures, mechanical components, and electronic components (ELCOM). It has three operating segments. Enclosures Systems are made of aluminium, plastic and glass-fibre reinforced polyester, machine control boards and suspension systems for protecting electronics; Industrial Components segment includes Aluminium profiles, pipe connection systems, conveyor components, linear units, electric cylinders, lifting columns, switches, plug connectors, and others; DewertOkin Technology Group includes fittings technology for industry and electrically adjustable furniture for the home and hospital care sectors. Geographically, it has operations in Switzerland, Germany, the UK, France, Italy, the Netherlands, and other areas.