Cenit AG (XTER:CSH) PB Ratio : 2.47 (As of May. 07, 2024)

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What is Cenit 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 (2024-05-07), Cenit AG's share price is €12.50. Cenit AG's Book Value per Share for the quarter that ended in Dec. 2023 was €5.06. Hence, Cenit AG's PB Ratio of today is 2.47.

Good Sign:

Cenit AG stock PB Ratio (=2.47) is close to 3-year low of 2.23

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

XTER:CSH' s PB Ratio Range Over the Past 10 Years
Min: 1.87 Med: 2.98 Max: 5.98
Current: 2.47

During the past 13 years, Cenit AG's highest PB Ratio was 5.98. The lowest was 1.87. And the median was 2.98.

XTER:CSH's PB Ratio is ranked better than
54.05% of 2579 companies
in the Software industry
Industry Median: 2.69 vs XTER:CSH: 2.47

During the past 12 months, Cenit AG's average Book Value Per Share Growth Rate was -1.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 0.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 1.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Cenit AG was 34.20% per year. The lowest was -1.70% per year. And the median was 4.80% per year.

Back to Basics: PB Ratio

Cenit AG PB Ratio Historical Data

The historical data trend for Cenit 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.

Cenit AG PB Ratio Chart

Cenit AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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2.88

2.51

2.70

2.38

2.42

Cenit AG 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															2.38	2.53	2.69	2.66	2.42

Competitive Comparison of Cenit AG's PB Ratio

For the Software - Application subindustry, Cenit 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.

Cenit AG's PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Cenit AG's PB Ratio distribution charts can be found below:

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

Cenit 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.

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

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	12.50	/	5.059
	=	2.47

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.

Cenit AG (XTER:CSH) 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.

Cenit AG PB Ratio Related Terms

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Cenit AG (XTER:CSH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Cenit AG (XTER:CSH) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

CSH:Germany CSH:Germany CSH:Germany

Address

Industriestrasse 52-54, Stuttgart, DEU, 70565

Website

https://www.cenit.com

Cenit AG is a software and information technology consulting company. It offers Product Lifecycle Management and Enterprise Information Management. The PLM (Product Lifestyle Management) segment focuses on the automotive, aerospace, mechanical engineering, and shipbuilding industries. The Enterprise Information Management focuses on products of the strategic software. The focus of the CENIT Group is on business process optimization and computer-aided design and development technologies. The company's revenue is generated from its Germany segment.

Executives

Axel Otto

Board of Directors