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 (2024-05-03), Virtu Financial's share price is $22.07. Virtu Financial's Book Value per Share for the quarter that ended in Mar. 2024 was $13.65. Hence, Virtu Financial's PB Ratio of today is 1.62.
The historical rank and industry rank for Virtu Financial's PB Ratio or its related term are showing as below:
VIRT'
s PB Ratio Range Over the Past 10 Years
Min: 1.22 Med: 2.33 Max: 7.08
Current: 1.62
During the past 13 years, Virtu Financial's highest PB Ratio was 7.08. The lowest was 1.22. And the median was 2.33.
VIRT's PB Ratio is ranked worse than 58.17% of 753
companies
in the Capital Markets industry
Industry Median: 1.28
vs VIRT: 1.62
During the past 12 months, Virtu Financial's average Book Value Per Share Growth Rate was 0.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 3.90% 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 Virtu Financial was 42.30% per year. The lowest was -37.20% per year. And the median was 11.60% per year.
Back to Basics: PB Ratio
Virtu Financial PB Ratio Historical Data
The historical data trend for Virtu Financial'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 Virtu Financial's PB Ratio
For the Capital Markets subindustry, Virtu Financial'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.
Virtu Financial's PB Ratio Distribution in the Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Virtu Financial's PB Ratio distribution charts can be found below:
* The bar in red indicates where Virtu Financial's PB Ratio falls into.
Virtu Financial 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.
Virtu Financial's PB Ratio for today is calculated as follows:
* 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.
Virtu Financial PB Ratio Related Terms
Thank you for viewing the detailed overview of Virtu Financial's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Virtu Financial (Virtu Financial) Business Description
Virtu Financial Inc is a technology-enabled market maker and liquidity provider to the global financial markets. The company's operating segment includes Market Making; Execution Services and Corporate. It generates maximum revenue from the Market Making segment. The Market Making segment principally consists of market-making in the cash, futures and options markets across global equities, options, fixed income, currencies, and commodities. Geographically, it derives a majority of its revenue from the United States and also has a presence in Ireland; Singapore; Canada; Australia and Other Countries.
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