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Iveco Group NV (MIL:IVG) PB Ratio : 1.35 (As of Apr. 25, 2024)


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What is Iveco Group NV 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), Iveco Group NV's share price is €11.945. Iveco Group NV's Book Value per Share for the quarter that ended in Dec. 2023 was €8.88. Hence, Iveco Group NV's PB Ratio of today is 1.35.

The historical rank and industry rank for Iveco Group NV's PB Ratio or its related term are showing as below:

MIL:IVG' s PB Ratio Range Over the Past 10 Years
Min: 0.57   Med: 0.86   Max: 1.58
Current: 1.33

During the past 6 years, Iveco Group NV's highest PB Ratio was 1.58. The lowest was 0.57. And the median was 0.86.

MIL:IVG's PB Ratio is ranked better than
56.16% of 203 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.5 vs MIL:IVG: 1.33

During the past 12 months, Iveco Group NV's average Book Value Per Share Growth Rate was 2.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 2.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -2.70% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Iveco Group NV was 2.00% per year. The lowest was -5.40% per year. And the median was -4.20% per year.

Back to Basics: PB Ratio


Iveco Group NV PB Ratio Historical Data

The historical data trend for Iveco Group NV'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.

Iveco Group NV PB Ratio Chart

Iveco Group NV Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial - - - 0.64 0.92

Iveco Group NV Quarterly Data
Dec18 Dec19 Jun20 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 0.64 1.02 0.92 0.95 0.92

Competitive Comparison of Iveco Group NV's PB Ratio

For the Farm & Heavy Construction Machinery subindustry, Iveco Group NV'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.


Iveco Group NV's PB Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Iveco Group NV's PB Ratio distribution charts can be found below:

* The bar in red indicates where Iveco Group NV's PB Ratio falls into.



Iveco Group NV 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.

Iveco Group NV's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=11.945/8.876
=1.35

* 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.


Iveco Group NV  (MIL:IVG) 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.


Iveco Group NV PB Ratio Related Terms

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


Iveco Group NV (MIL:IVG) Business Description

Traded in Other Exchanges
Address
Via Puglia n. 35, Turin, ITA, 10156
Iveco Group NV is engaged in the design, production, marketing, sale, servicing, and financing of trucks, commercial vehicles, buses, and specialty vehicles for firefighting, defense, and other uses, as well as combustion engines, alternative propulsion systems, transmissions, and axles. The group has three operating segments: Commercial and Specialty Vehicles, Powertrain and Financial Services. Majority of revenue is generated from Commercial and Specialty Vehicles. Commercial and Specialty Vehicles designs, manufactures and distributes a full range of light, medium, and heavy vehicles for the transportation and distribution of goods; city-buses, commuter buses; quarry and mining equipment. Geographically, majority of revenue is generated from Europe.

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