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Sixt SE (XTER:SIX2) PB Ratio : 1.86 (As of May. 07, 2024)


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What is Sixt 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 (2024-05-07), Sixt SE's share price is €77.85. Sixt SE's Book Value per Share for the quarter that ended in Dec. 2023 was €41.75. Hence, Sixt SE's PB Ratio of today is 1.86.

Good Sign:

Sixt SE stock PB Ratio (=1.86) is close to 3-year low of 1.86

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

XTER:SIX2' s PB Ratio Range Over the Past 10 Years
Min: 1.25   Med: 2.61   Max: 4.69
Current: 1.86

During the past 13 years, Sixt SE's highest PB Ratio was 4.69. The lowest was 1.25. And the median was 2.61.

XTER:SIX2's PB Ratio is ranked worse than
52.83% of 1026 companies
in the Business Services industry
Industry Median: 1.795 vs XTER:SIX2: 1.86

During the past 12 months, Sixt SE'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 13.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 10.00% 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 Sixt SE was 18.60% per year. The lowest was 5.80% per year. And the median was 10.60% per year.

Back to Basics: PB Ratio


Sixt SE PB Ratio Historical Data

The historical data trend for Sixt 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.

Sixt SE PB Ratio Chart

Sixt 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 2.97 3.41 4.29 2.08 2.42

Sixt SE 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 2.08 2.90 2.92 2.05 2.42

Competitive Comparison of Sixt SE's PB Ratio

For the Rental & Leasing Services subindustry, Sixt 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.


Sixt SE's PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Sixt SE's PB Ratio distribution charts can be found below:

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



Sixt 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=77.85/41.748
=1.86

* 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.


Sixt SE  (XTER:SIX2) 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.


Sixt SE PB Ratio Related Terms

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


Sixt SE (XTER:SIX2) Business Description

Traded in Other Exchanges
Address
Zugspitzstrasse 1, Pullach, BY, DEU, 82049
Sixt SE provides automotive rental services mainly across Europe and the US. The company offers rental solutions from passenger vehicles, including sports utilities vehicles, electric vehicles, and luxury sports cars to vans and trucks. With its products SIXT rent, SIXT share, SIXT ride, and others, the company offers mobility services in the areas of car rental, car sharing, ride services, and car subscriptions. These products can be booked via a single app that also integrates the services of mobility partners.

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