GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Arconic Inc (DELISTED:ARNC) » Definitions » PB Ratio

Arconic (DELISTED:ARNC) PB Ratio : 0.72 (As of May. 01, 2024)


View and export this data going back to 2000. Start your Free Trial

What is Arconic 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 (2024-05-01), Arconic's share price is CHF18.62. Arconic's Book Value per Share for the quarter that ended in Sep. 2016 was CHF26.01. Hence, Arconic's PB Ratio of today is 0.72.

Good Sign:

Alcoa Inc stock PB Ratio (=1.78) is close to 1-year low of 1.7

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

DELISTED:ARNC' s PB Ratio Range Over the Past 10 Years
Min: 1.58   Med: 1.7   Max: 1.78
Current: 1.78

During the past 13 years, Arconic's highest PB Ratio was 1.78. The lowest was 1.58. And the median was 1.70.

DELISTED:ARNC's PB Ratio is not ranked
in the Metals & Mining industry.
Industry Median: 1.38 vs DELISTED:ARNC: 1.78

During the past 12 months, Arconic's average Book Value Per Share Growth Rate was -6.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -9.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -7.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -6.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Arconic was 26.50% per year. The lowest was -12.10% per year. And the median was 5.30% per year.

Back to Basics: PB Ratio


Arconic PB Ratio Historical Data

The historical data trend for Arconic'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.

Arconic PB Ratio Chart

Arconic Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.83 0.88 1.14 1.47 0.94

Arconic Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 1.19 0.94 1.03 1.13 1.10

Competitive Comparison of Arconic's PB Ratio

For the Aluminum subindustry, Arconic'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.


Arconic's PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Arconic's PB Ratio distribution charts can be found below:

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



Arconic 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.

Arconic's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2016)
=18.62/26.007
=0.72

* 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.


Arconic  (DELISTED:ARNC) 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.


Arconic PB Ratio Related Terms

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


Arconic (DELISTED:ARNC) Business Description

Traded in Other Exchanges
N/A
Address
Arconic Inc, formerly known as Alcoa Inc was first incorporated as the Pittsburgh Reduction Company on October 1, 1888. The Company is engaged in manufacturing and engineering lightweight metals. Its products include aluminum, titanium, and nickel, used in aerospace, automotive, commercial transportation, packaging, building and construction, oil and gas, defense, consumer electronics, and industrial applications. The Company is also engaged in the production and management of aluminum, fabricated aluminum, and alumina combined, through its active participation in all aspects of the industry: technology, mining, refining, smelting, fabricating, and recycling. It has investments and operating activities in, among others, Australia, Brazil, China, Guinea, Iceland, Russia, and Saudi Arabia. The Company operates in segments including Global Rolled Products, Engineered Products and Solutions, and Transportation and Construction Solutions. The Company's Global Rolled Products segment represents its midstream operations. The Engineered Products and Solutions segment represents a portion of the Company's downstream operations. Its downstream portfolio includes two segments Engineered Products and Solutions and Transportation and Construction Solutions. The Engineered Products and Solutions consist of Alcoa Titanium & Engineered Products; Alcoa Fastening Systems & Rings; Alcoa Forgings and Extrusions; and Alcoa Power and Propulsion. The Company's Transportation and Construction Solutions segment represents a portion of its downstream operations. The raw materials used includes bauxite, alloying materials, caustic soda, alumina, electricity, aluminum fluoride, fuel oil, calcined petroleum coke, lime (CaO), cathode blocks, natural gas, electricity, liquid pitch, natural gas, titanium alloys, titanium sponge and resin. The Company's trademark products include Howmet metal castings, Huck fasteners, Kawneer building panels and Dura-Bright wheels with easy-clean surface treatments.