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RELX (RELX) PB Ratio : 17.80 (As of Apr. 25, 2024)


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What is RELX 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 (2024-04-25), RELX's share price is $41.43. RELX's Book Value per Share for the quarter that ended in Dec. 2023 was $2.33. Hence, RELX's PB Ratio of today is 17.80.

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

RELX' s PB Ratio Range Over the Past 10 Years
Min: 7.32   Med: 13.79   Max: 22.12
Current: 17.94

During the past 13 years, RELX's highest PB Ratio was 22.12. The lowest was 7.32. And the median was 13.79.

RELX's PB Ratio is ranked worse than
97.76% of 1025 companies
in the Business Services industry
Industry Median: 1.76 vs RELX: 17.94

During the past 12 months, RELX's average Book Value Per Share Growth Rate was -7.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 19.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 13.30% 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 RELX was 37.90% per year. The lowest was -33.70% per year. And the median was 0.60% per year.

Back to Basics: PB Ratio


RELX PB Ratio Historical Data

The historical data trend for RELX'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.

RELX PB Ratio Chart

RELX 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 17.26 16.89 14.64 11.47 17.04

RELX 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 14.64 11.48 11.47 15.29 17.04

Competitive Comparison of RELX's PB Ratio

For the Specialty Business Services subindustry, RELX'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.


RELX's PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, RELX's PB Ratio distribution charts can be found below:

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



RELX 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=41.43/2.328
=17.80

* 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.


RELX  (NYSE:RELX) 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.


RELX PB Ratio Related Terms

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


RELX (RELX) Business Description

Address
1-3 Strand, London, GBR, WC2N 5JR
RELX PLC is a diversified information and analytics company. The firm operates across four main areas: scientific, technical, and medical; risk; legal; and exhibitions. It generates maximum revenue from the Scientific, Technical and Medical and Risk segment. Scientific, Technical and Medical segment provides information and analytics that help institutions and professionals progress science, advance healthcare and improve performance. Risk segment provides customers with information-based analytics and decision tools that combine public and industry-specific content with advanced technology and algorithms to assist them in evaluating and predicting risk and enhancing operational efficiency.