LG Energy Solution (XKRX:373220) PB Ratio : 4.31 (As of Apr. 28, 2024)

View and export this data going back to 2022. Start your Free Trial

What is LG Energy Solution 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 (2024-04-28), LG Energy Solution's share price is ₩372000.00. LG Energy Solution's Book Value per Share for the quarter that ended in Dec. 2023 was ₩86,327.53. Hence, LG Energy Solution's PB Ratio of today is 4.31.

Good Sign:

LG Energy Solution Ltd stock PB Ratio (=4.25) is close to 3-year low of 4.25

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

XKRX:373220' s PB Ratio Range Over the Past 10 Years
Min: 4.25 Med: 5.85 Max: 12.65
Current: 4.3

During the past 4 years, LG Energy Solution's highest PB Ratio was 12.65. The lowest was 4.25. And the median was 5.85.

XKRX:373220's PB Ratio is ranked worse than
82.6% of 2926 companies
in the Industrial Products industry
Industry Median: 1.9 vs XKRX:373220: 4.30

During the past 12 months, LG Energy Solution's average Book Value Per Share Growth Rate was 7.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 35.90% per year.

During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of LG Energy Solution was 35.90% per year. The lowest was 35.90% per year. And the median was 35.90% per year.

Back to Basics: PB Ratio

LG Energy Solution PB Ratio Historical Data

The historical data trend for LG Energy Solution'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.

LG Energy Solution PB Ratio Chart

LG Energy Solution Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

PB Ratio

5.44

4.95

LG Energy Solution Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio	Get a 7-Day Free Trial							5.44	6.96	6.46	5.44	4.95

Competitive Comparison of LG Energy Solution's PB Ratio

For the Specialty Industrial Machinery subindustry, LG Energy Solution'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.

LG Energy Solution's PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, LG Energy Solution's PB Ratio distribution charts can be found below:

* The bar in red indicates where LG Energy Solution's PB Ratio falls into.

LG Energy Solution 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.

LG Energy Solution's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	372000.00	/	86327.526
	=	4.31

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.

LG Energy Solution (XKRX:373220) 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.

LG Energy Solution PB Ratio Related Terms

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

LG Energy Solution (XKRX:373220) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » LG Energy Solution Ltd (XKRX:373220) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Yeongdeungpo-gu, Yeoui-daero, Seoul, KOR

Website

https://www.lgensol.com

LG Energy Solution, or LGES, is the third-largest battery maker for electric vehicles, or EVs, with about 14% global share in the first half of 2023, according to SNE Research. The EV battery segment is the largest revenue contributor, which accounted for close to 60% of total revenue in 2022. Besides EV batteries, LGES also manufactures batteries for mobility, mobile phones, laptops, electrical devices, and energy storage systems. The company was spun off from LG Chem's battery division in December 2020 and listed on the Korea Exchange in January 2022. It has global manufacturing facilities in Korea, China, Poland and the United States. Key customers include General Motors, Tesla, Volkswagen, Hyundai Motors and Stellantis.

LG Energy Solution (XKRX:373220) Headlines

No Headlines