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Azorim Investment Developmentnstruction Co (XTAE:AZRM) PB Ratio : 1.65 (As of May. 19, 2024)


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What is Azorim Investment Developmentnstruction Co 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 (2024-05-19), Azorim Investment Developmentnstruction Co's share price is ₪16.19. Azorim Investment Developmentnstruction Co's Book Value per Share for the quarter that ended in Dec. 2023 was ₪9.80. Hence, Azorim Investment Developmentnstruction Co's PB Ratio of today is 1.65.

The historical rank and industry rank for Azorim Investment Developmentnstruction Co's PB Ratio or its related term are showing as below:

XTAE:AZRM' s PB Ratio Range Over the Past 10 Years
Min: 0.58   Med: 1.1   Max: 2.52
Current: 1.74

During the past 13 years, Azorim Investment Developmentnstruction Co's highest PB Ratio was 2.52. The lowest was 0.58. And the median was 1.10.

XTAE:AZRM's PB Ratio is ranked worse than
77.78% of 99 companies
in the Homebuilding & Construction industry
Industry Median: 1.21 vs XTAE:AZRM: 1.74

During the past 12 months, Azorim Investment Developmentnstruction Co's average Book Value Per Share Growth Rate was 9.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 14.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 12.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 12.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Azorim Investment Developmentnstruction Co was 17.30% per year. The lowest was -46.10% per year. And the median was 12.80% per year.

Back to Basics: PB Ratio


Azorim Investment Developmentnstruction Co PB Ratio Historical Data

The historical data trend for Azorim Investment Developmentnstruction Co'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.

Azorim Investment Developmentnstruction Co PB Ratio Chart

Azorim Investment Developmentnstruction Co 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 1.14 1.67 2.30 1.27 1.52

Azorim Investment Developmentnstruction Co 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 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 1.27 0.98 1.18 1.40 1.52

Competitive Comparison of Azorim Investment Developmentnstruction Co's PB Ratio

For the Residential Construction subindustry, Azorim Investment Developmentnstruction Co'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.


Azorim Investment Developmentnstruction Co's PB Ratio Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Azorim Investment Developmentnstruction Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Azorim Investment Developmentnstruction Co's PB Ratio falls into.



Azorim Investment Developmentnstruction Co 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.

Azorim Investment Developmentnstruction Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=16.19/9.795
=1.65

* 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.


Azorim Investment Developmentnstruction Co  (XTAE:AZRM) 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.


Azorim Investment Developmentnstruction Co PB Ratio Related Terms

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


Azorim Investment Developmentnstruction Co (XTAE:AZRM) Business Description

Traded in Other Exchanges
N/A
Address
32 Arania Street, Tel Aviv, ISR, 64739
Azorim Investment Development & Construction Co Ltd plans, develops, constructs, and sells residential apartments and building projects in Israel. Its projects include leisure complexes, public facilities, shopping centers and green open spaces, tailored to the nature and needs of the residents.

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