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 (2024-04-25), Kellanova Co's share price is $58.75. Kellanova Co's Book Value per Share for the quarter that ended in Dec. 2023 was $9.32. Hence, Kellanova Co's PB Ratio of today is 6.30.
The historical rank and industry rank for Kellanova Co's PB Ratio or its related term are showing as below:
K'
s PB Ratio Range Over the Past 10 Years
Min: 4.22 Med: 7.29 Max: 14.15
Current: 6.3
During the past 13 years, Kellanova Co's highest PB Ratio was 14.15. The lowest was 4.22. And the median was 7.29.
K's PB Ratio is ranked worse than 92.98% of 1795
companies
in the Consumer Packaged Goods industry
Industry Median: 1.48
vs K: 6.30
During the past 12 months, Kellanova Co's average Book Value Per Share Growth Rate was -19.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 1.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 6.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 4.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Kellanova Co was 36.90% per year. The lowest was -17.70% per year. And the median was 5.80% per year.
Back to Basics: PB Ratio
Kellanova Co PB Ratio Historical Data
The historical data trend for Kellanova Co'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.
For the Packaged Foods subindustry, Kellanova Co'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.
Kellanova Co's PB Ratio Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Kellanova Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Kellanova Co's PB Ratio falls into.
Kellanova Co 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.
Kellanova Co's PB Ratio for today is calculated as follows:
* 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.
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.
Kellanova Co PB Ratio Related Terms
Thank you for viewing the detailed overview of Kellanova Co's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Following its split from the North American cereal business, Kellanova (previously the global snacking arm of Kellogg) is a leading global manufacturer and marketer of salty snacks, snack bars, frozen breakfast fare, meat alternatives, and other packaged foods. Its offerings are manufactured in around 20 countries and marketed in more than 180 countries. Its product mix includes well-known brands such as Pringles, Cheez-It, Rice Krispies Treats, Pop-Tarts, Eggo, Nutri-Grain, and Morningstar Farms. Sales beyond its home turf account for about half of Kellanova's consolidated sales base.
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