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Corticeira Amorim SGPS (XLIS:COR) PB Ratio : 1.82 (As of Apr. 28, 2024)


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What is Corticeira Amorim SGPS 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), Corticeira Amorim SGPS's share price is €9.70. Corticeira Amorim SGPS's Book Value per Share for the quarter that ended in Dec. 2023 was €5.34. Hence, Corticeira Amorim SGPS's PB Ratio of today is 1.82.

Good Sign:

Corticeira Amorim SGPS SA stock PB Ratio (=1.82) is close to 5-year low of 1.7

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

XLIS:COR' s PB Ratio Range Over the Past 10 Years
Min: 0.85   Med: 2.37   Max: 4.04
Current: 1.82

During the past 13 years, Corticeira Amorim SGPS's highest PB Ratio was 4.04. The lowest was 0.85. And the median was 2.37.

XLIS:COR's PB Ratio is ranked worse than
78.52% of 284 companies
in the Forest Products industry
Industry Median: 0.935 vs XLIS:COR: 1.82

During the past 12 months, Corticeira Amorim SGPS's average Book Value Per Share Growth Rate was 6.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 8.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 8.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 9.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Corticeira Amorim SGPS was 10.40% per year. The lowest was 2.10% per year. And the median was 6.80% per year.

Back to Basics: PB Ratio


Corticeira Amorim SGPS PB Ratio Historical Data

The historical data trend for Corticeira Amorim SGPS'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.

Corticeira Amorim SGPS PB Ratio Chart

Corticeira Amorim SGPS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.95 2.81 2.52 1.74 1.71

Corticeira Amorim SGPS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.74 1.93 1.86 1.84 1.71

Competitive Comparison of Corticeira Amorim SGPS's PB Ratio

For the Lumber & Wood Production subindustry, Corticeira Amorim SGPS'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.


Corticeira Amorim SGPS's PB Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Corticeira Amorim SGPS's PB Ratio distribution charts can be found below:

* The bar in red indicates where Corticeira Amorim SGPS's PB Ratio falls into.



Corticeira Amorim SGPS 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.

Corticeira Amorim SGPS's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=9.70/5.34
=1.82

* 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.


Corticeira Amorim SGPS  (XLIS:COR) 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.


Corticeira Amorim SGPS PB Ratio Related Terms

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


Corticeira Amorim SGPS (XLIS:COR) Business Description

Traded in Other Exchanges
Address
No. 380, Rua Comendador Américo Ferreira de Amorim, Mozelos, PRT, 4536-902
Corticeira Amorim SGPS SA (Corticeira Amorim) is a holding company engaged in cork-related products. Group organizes its activities into five business divisions: Raw Materials, Cork Stoppers, Floor and wall Coverings, Cork Composites, and Insulation Cork. The company's products include stoppers for wine and other spirits, granulated cork, rubber cork, cork floorings and giftware. The business of the company is operated through Portugal, Spain, Tunisia, the United States, Australia, Germany, China, Italy, Argentina, France and Netherlands. The company derives majority of the revenue from European region.