GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Nigerian Breweries PLC (NSA:NB) » Definitions » PB Ratio

Nigerian Breweries (NSA:NB) PB Ratio : 24.21 (As of May. 29, 2024)


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

What is Nigerian Breweries 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 (2024-05-29), Nigerian Breweries's share price is ₦26.90. Nigerian Breweries's Book Value per Share for the quarter that ended in Mar. 2024 was ₦1.11. Hence, Nigerian Breweries's PB Ratio of today is 24.21.

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

NSA:NB' s PB Ratio Range Over the Past 10 Years
Min: 1.02   Med: 4.34   Max: 26.01
Current: 24.22

During the past 13 years, Nigerian Breweries's highest PB Ratio was 26.01. The lowest was 1.02. And the median was 4.34.

NSA:NB's PB Ratio is ranked worse than
99.51% of 204 companies
in the Beverages - Alcoholic industry
Industry Median: 1.85 vs NSA:NB: 24.22

During the past 12 months, Nigerian Breweries's average Book Value Per Share Growth Rate was -93.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -27.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -12.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -3.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Nigerian Breweries was 34.10% per year. The lowest was -27.40% per year. And the median was 1.40% per year.

Back to Basics: PB Ratio


Nigerian Breweries PB Ratio Historical Data

The historical data trend for Nigerian Breweries'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.

Nigerian Breweries PB Ratio Chart

Nigerian Breweries 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 2.81 2.78 2.26 2.34 5.85

Nigerian Breweries Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.25 3.71 3.74 5.85 26.42

Competitive Comparison of Nigerian Breweries's PB Ratio

For the Beverages - Brewers subindustry, Nigerian Breweries'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.


Nigerian Breweries's PB Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Nigerian Breweries's PB Ratio distribution charts can be found below:

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



Nigerian Breweries 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.

Nigerian Breweries's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=26.90/1.111
=24.21

* 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.


Nigerian Breweries  (NSA:NB) 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.


Nigerian Breweries PB Ratio Related Terms

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


Nigerian Breweries (NSA:NB) Business Description

Traded in Other Exchanges
N/A
Address
Abebe Village Road, Iganmu House, Iganmu, Lagos, NGA, 101241
Nigerian Breweries PLC is a Brewing firm. The principal activities of the company remained brewing, marketing, and selling lager, stout, non-alcoholic malt drinks, and soft drinks. Geographically, it derives a majority of revenue from Nigeria and also has a presence in the United Kingdom, the Netherlands, the United States of America, Canada, some parts of Africa and parts of the Middle East and Asia. The company's brands include Star, Gulder, Maltina, Legend Extra Stout, Amstel Malta, Heineken, Maltina Sip-it, Fayrouz, Goldberg, Malta Gold, and others.