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Econocom Group SE (XBRU:ECONB) PB Ratio : 0.99 (As of May. 11, 2024)


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What is Econocom Group SE 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), Econocom Group SE's share price is €2.38. Econocom Group SE's Book Value per Share for the quarter that ended in Dec. 2023 was €2.40. Hence, Econocom Group SE's PB Ratio of today is 0.99.

The historical rank and industry rank for Econocom Group SE's PB Ratio or its related term are showing as below:

XBRU:ECONB' s PB Ratio Range Over the Past 10 Years
Min: 0.78   Med: 1.91   Max: 13.28
Current: 0.98

During the past 13 years, Econocom Group SE's highest PB Ratio was 13.28. The lowest was 0.78. And the median was 1.91.

XBRU:ECONB's PB Ratio is ranked better than
86.52% of 2581 companies
in the Software industry
Industry Median: 2.68 vs XBRU:ECONB: 0.98

During the past 12 months, Econocom Group SE's average Book Value Per Share Growth Rate was 9.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 7.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 8.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Econocom Group SE was 28.90% per year. The lowest was -10.10% per year. And the median was 7.85% per year.

Back to Basics: PB Ratio


Econocom Group SE PB Ratio Historical Data

The historical data trend for Econocom Group SE'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.

Econocom Group SE PB Ratio Chart

Econocom Group SE 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 1.31 1.29 1.77 1.31 1.07

Econocom Group SE Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 1.77 1.73 1.31 1.22 1.07

Competitive Comparison of Econocom Group SE's PB Ratio

For the Information Technology Services subindustry, Econocom Group SE'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.


Econocom Group SE's PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Econocom Group SE's PB Ratio distribution charts can be found below:

* The bar in red indicates where Econocom Group SE's PB Ratio falls into.



Econocom Group SE 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.

Econocom Group SE's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=2.38/2.398
=0.99

* 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.


Econocom Group SE  (XBRU:ECONB) 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.


Econocom Group SE PB Ratio Related Terms

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


Econocom Group SE (XBRU:ECONB) Business Description

Traded in Other Exchanges
Address
11 square Leon Blum, Puteaux, FRA, 92800
Econocom Group SE Formerly Econocom Group SA/NV is a European company that designs, finances, and oversees the digital transformation of businesses. The company provides consulting technology management, and financing of digital assets under the Econocom and Atlance brands, as well as application and digital solution services for client companies' IT systems. Additionally, Econocom provides security guidelines and tools, web and mobile applications, and project financing. The company generates revenue from France, Benelux, and other regions in Europe and the Americas, with France representing more than half of total sales. The company operates through three segments: Technology management and financing and Digital Services & Solutions.

Econocom Group SE (XBRU:ECONB) Headlines

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