Incitec Pivot (ASX:IPL) PB Ratio : 0.84 (As of Apr. 25, 2024)

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What is Incitec Pivot 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 (2024-04-25), Incitec Pivot's share price is A$2.77. Incitec Pivot's Book Value per Share for the quarter that ended in Sep. 2023 was A$3.31. Hence, Incitec Pivot's PB Ratio of today is 0.84.

Good Sign:

Incitec Pivot Ltd stock PB Ratio (=0.83) is close to 3-year low of 0.8

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

ASX:IPL' s PB Ratio Range Over the Past 10 Years
Min: 0.61 Med: 1.13 Max: 1.59
Current: 0.84

During the past 13 years, Incitec Pivot's highest PB Ratio was 1.59. The lowest was 0.61. And the median was 1.13.

ASX:IPL's PB Ratio is ranked better than
78.8% of 1533 companies
in the Chemicals industry
Industry Median: 1.59 vs ASX:IPL: 0.84

During the past 12 months, Incitec Pivot's average Book Value Per Share Growth Rate was 2.20% 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 2.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 1.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Incitec Pivot was 68.50% per year. The lowest was -1.70% per year. And the median was 3.50% per year.

Back to Basics: PB Ratio

Incitec Pivot PB Ratio Historical Data

The historical data trend for Incitec Pivot'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.

Incitec Pivot PB Ratio Chart

Incitec Pivot Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

PB Ratio

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1.16

0.76

1.06

1.08

0.95

Incitec Pivot Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
PB Ratio	Get a 7-Day Free Trial															1.06	1.34	1.08	0.97	0.95

Competitive Comparison of Incitec Pivot's PB Ratio

For the Specialty Chemicals subindustry, Incitec Pivot'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.

Incitec Pivot's PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Incitec Pivot's PB Ratio distribution charts can be found below:

* The bar in red indicates where Incitec Pivot's PB Ratio falls into.

Incitec Pivot 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.

Incitec Pivot's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2023)
	=	2.77	/	3.309
	=	0.84

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.

Incitec Pivot (ASX:IPL) 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.

Incitec Pivot PB Ratio Related Terms

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

Incitec Pivot (ASX:IPL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Incitec Pivot Ltd (ASX:IPL) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

INCZY:USA ICPVF:USA I5P:Germany

Address

28 Freshwater Place, Level 8, Southbank, Melbourne, VIC, AUS, 3006

Website

https://www.incitecpivot.com.au

Incitec Pivot is a leading global explosives company with operations in Australia, Asia, and the Americas. We estimate its share of the global commercial explosives market at about 15%. Explosives contributes around 80% of EBIT. Incitec Pivot is also a major Australian fertilizer producer and distributor and is the only Australian manufacturer of ammonium phosphates and urea. Ammonium phosphates are sold in the domestic market and exported.

Incitec Pivot (ASX:IPL) Headlines

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