Argo Properties NV (XTAE:ARGO) PB Ratio : 0.95 (As of May. 17, 2024)

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What is Argo Properties NV 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 (2024-05-17), Argo Properties NV's share price is ₪72.71. Argo Properties NV's Book Value per Share for the quarter that ended in Sep. 2023 was ₪76.30. Hence, Argo Properties NV's PB Ratio of today is 0.95.

The historical rank and industry rank for Argo Properties NV's PB Ratio or its related term are showing as below:

XTAE:ARGO' s PB Ratio Range Over the Past 10 Years
Min: 0.55 Med: 0.94 Max: 1.44
Current: 0.92

During the past 4 years, Argo Properties NV's highest PB Ratio was 1.44. The lowest was 0.55. And the median was 0.94.

XTAE:ARGO's PB Ratio is ranked worse than
55.01% of 1756 companies
in the Real Estate industry
Industry Median: 0.83 vs XTAE:ARGO: 0.92

During the past 12 months, Argo Properties NV's average Book Value Per Share Growth Rate was 0.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 28.60% per year.

During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Argo Properties NV was 28.60% per year. The lowest was 28.60% per year. And the median was 28.60% per year.

Back to Basics: PB Ratio

Argo Properties NV PB Ratio Historical Data

The historical data trend for Argo Properties NV'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.

Argo Properties NV PB Ratio Chart

Argo Properties NV Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

PB Ratio

1.23

0.90

Argo Properties NV Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
PB Ratio	Get a 7-Day Free Trial											1.01	0.90	0.57	0.58	0.73

Competitive Comparison of Argo Properties NV's PB Ratio

For the Real Estate Services subindustry, Argo Properties NV'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.

Argo Properties NV's PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Argo Properties NV's PB Ratio distribution charts can be found below:

* The bar in red indicates where Argo Properties NV's PB Ratio falls into.

Argo Properties NV 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.

Argo Properties NV's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2023)
	=	72.71	/	76.299
	=	0.95

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.

Argo Properties NV (XTAE:ARGO) 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.

Argo Properties NV PB Ratio Related Terms

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Argo Properties NV (XTAE:ARGO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Argo Properties NV (XTAE:ARGO) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Karl-Liebknecht-Strasse 2a, Leipzig, SN, DEU, 04107

Website

https://www.argo-nv.com

Argo Properties NV is a foreign company engaged in the purchase, management, and rental of residential and office buildings in Germany. The company's segment includes Income generating residential real estate and Income generating real estate for development. It generates maximum revenue from the Income generating residential real estate segment.