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 (2024-04-27), The Vita Coco Co's share price is $24.75. The Vita Coco Co's Book Value per Share for the quarter that ended in Dec. 2023 was $3.56. Hence, The Vita Coco Co's PB Ratio of today is 6.96.
The historical rank and industry rank for The Vita Coco Co's PB Ratio or its related term are showing as below:
COCO'
s PB Ratio Range Over the Past 10 Years
Min: 3.79 Med: 6.5 Max: 10.83
Current: 6.95
During the past 5 years, The Vita Coco Co's highest PB Ratio was 10.83. The lowest was 3.79. And the median was 6.50.
COCO's PB Ratio is ranked worse than 84.47% of 103
companies
in the Beverages - Non-Alcoholic industry
Industry Median: 2.31
vs COCO: 6.95
During the past 12 months, The Vita Coco Co's average Book Value Per Share Growth Rate was 41.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 24.50% per year.
During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of The Vita Coco Co was 24.50% per year. The lowest was 23.80% per year. And the median was 24.15% per year.
Back to Basics: PB Ratio
The Vita Coco Co PB Ratio Historical Data
The historical data trend for The Vita Coco 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.
Competitive Comparison of The Vita Coco Co's PB Ratio
For the Beverages - Non-Alcoholic subindustry, The Vita Coco 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.
The Vita Coco Co's PB Ratio Distribution in the Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, The Vita Coco Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where The Vita Coco Co's PB Ratio falls into.
The Vita Coco 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.
* 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.
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.
The Vita Coco Co PB Ratio Related Terms
Thank you for viewing the detailed overview of The Vita Coco Co's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
The Vita Coco Co (The Vita Coco Co) Business Description
The Vita Coco Co Inc is a plant-based functional hydration platform. Its products include Vita Coco Coconut Water, Private Label including coconut water and oil, and Other including Runa and Ever & Ever product offerings, Vita Coco product extensions beyond coconut water, such as Vita Coco Sparkling, coconut milk products, and others. Geographical presence of the company is United States, Canada, Europe, Middle East, Africa, and the Asia Pacific regions.
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