Icon (ICLR) PB Ratio

: 2.62 (As of Today)

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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 (2024-04-16), Icon's share price is $294.03. Icon's Book Value per Share for the quarter that ended in Dec. 2023 was $112.02. Hence, Icon's PB Ratio of today is 2.62.

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

ICLR' s PB Ratio Range Over the Past 10 Years
Min: 1.72 Med: 4.53 Max: 7.39
Current: 2.62

During the past 13 years, Icon's highest PB Ratio was 7.39. The lowest was 1.72. And the median was 4.53.

ICLR's PB Ratio is ranked worse than
64.29% of 210 companies
in the Medical Diagnostics & Research industry
Industry Median: 2.08 vs ICLR: 2.62

During the past 12 months, Icon's average Book Value Per Share Growth Rate was 7.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 47.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 41.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 25.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Icon was 58.00% per year. The lowest was -22.50% per year. And the median was 12.50% per year.

Back to Basics: PB Ratio

Icon PB Ratio Historical Data

The historical data trend for Icon'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.

Icon Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

5.71

5.56

3.13

1.87

2.53

Icon Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio																1.87	2.02	2.34	2.26	2.53

Competitive Comparison

For the Diagnostics & Research subindustry, Icon'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.

Icon PB Ratio Distribution

For the Medical Diagnostics & Research industry and Healthcare sector, Icon's PB Ratio distribution charts can be found below:

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

Icon 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.

Icon's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	294.03	/	112.016
	=	2.62

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.

Icon (NAS:ICLR) 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.

Icon PB Ratio Related Terms

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Icon (ICLR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Icon PLC (NAS:ICLR) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

ICLR:Mexico IJF:Germany

Address

South County Business Park, Leopardstown, Dublin, IRL, D18 X5R3

Website

https://www.iconplc.com

Icon is a global late-stage contract research organization that provides drug development and clinical trial services to pharmaceutical, biotechnology, and medical device firms. While the vast majority of its revenue comes from clinical research, Icon also offers ancillary services such as laboratory and imaging capabilities. The company is headquartered in Ireland.