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Volvo Car AB (OSTO:VOLCAR B) PB Ratio : 1.61 (As of May. 11, 2024)


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What is Volvo Car AB 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 (2024-05-11), Volvo Car AB's share price is kr35.06. Volvo Car AB's Book Value per Share for the quarter that ended in Mar. 2024 was kr21.76. Hence, Volvo Car AB's PB Ratio of today is 1.61.

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

OSTO:VOLCAR B' s PB Ratio Range Over the Past 10 Years
Min: 0.61   Med: 1.26   Max: 2.98
Current: 1.61

During the past 6 years, Volvo Car AB's highest PB Ratio was 2.98. The lowest was 0.61. And the median was 1.26.

OSTO:VOLCAR B's PB Ratio is ranked worse than
53.76% of 1250 companies
in the Vehicles & Parts industry
Industry Median: 1.475 vs OSTO:VOLCAR B: 1.61

During the past 12 months, Volvo Car AB's average Book Value Per Share Growth Rate was -44.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 22.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 17.50% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Volvo Car AB was 22.20% per year. The lowest was 13.50% per year. And the median was 22.00% per year.

Back to Basics: PB Ratio


Volvo Car AB PB Ratio Historical Data

The historical data trend for Volvo Car AB'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.

Volvo Car AB PB Ratio Chart

Volvo Car AB Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial - - 2.54 1.24 0.77

Volvo Car AB Quarterly Data
Dec18 Dec19 Jun20 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 1.15 1.07 1.07 0.77 1.87

Competitive Comparison of Volvo Car AB's PB Ratio

For the Auto Manufacturers subindustry, Volvo Car AB'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.


Volvo Car AB's PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Volvo Car AB's PB Ratio distribution charts can be found below:

* The bar in red indicates where Volvo Car AB's PB Ratio falls into.



Volvo Car AB 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.

Volvo Car AB's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=35.06/21.755
=1.61

* 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.


Volvo Car AB  (OSTO:VOLCAR B) 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.


Volvo Car AB PB Ratio Related Terms

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


Volvo Car AB (OSTO:VOLCAR B) Business Description

Traded in Other Exchanges
Address
VAK Building, Gunnar Engellaus Vag, Gothenburg, SWE, 405 31
Volvo Car AB manufactures, designs, and supplies automobiles. The company offers a wide range of cars. Geographically, it derives a majority of its revenue from China and also has a presence in the US; Sweden; Germany; United Kingdom; Japan, and South Korea. It generates maximum revenue from the sale of new cars.

Volvo Car AB (OSTO:VOLCAR B) Headlines

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