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Amcor (AMCRY) PB Ratio : 3.26 (As of Apr. 26, 2024)


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What is Amcor 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 (2024-04-26), Amcor's share price is $44.70. Amcor's Book Value per Share for the quarter that ended in Dec. 2023 was $13.70. Hence, Amcor's PB Ratio of today is 3.26.

Good Sign:

Amcor PLC stock PB Ratio (=3.26) is close to 3-year low of 3.15

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

AMCRY' s PB Ratio Range Over the Past 10 Years
Min: 2.05   Med: 3.72   Max: 4.74
Current: 3.26

During the past 13 years, Amcor's highest PB Ratio was 4.74. The lowest was 2.05. And the median was 3.72.

AMCRY's PB Ratio is ranked worse than
87.2% of 375 companies
in the Packaging & Containers industry
Industry Median: 1.31 vs AMCRY: 3.26

During the past 12 months, Amcor's average Book Value Per Share Growth Rate was -6.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -2.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 15.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 8.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Amcor was 71.70% per year. The lowest was -37.00% per year. And the median was -1.10% per year.

Back to Basics: PB Ratio


Amcor PB Ratio Historical Data

The historical data trend for Amcor'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.

Amcor PB Ratio Chart

Amcor Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
PB Ratio
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Amcor Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Amcor's PB Ratio

For the Packaging & Containers subindustry, Amcor'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.


Amcor's PB Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Amcor's PB Ratio distribution charts can be found below:

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



Amcor 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=44.70/13.704
=3.26

* 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.


Amcor  (OTCPK:AMCRY) 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.


Amcor PB Ratio Related Terms

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


Amcor (AMCRY) Business Description

Address
83 Tower Road North, Warmley, Bristol, GBR, BS30 8XP
Amcor is a global manufacturer of flexible and rigid plastic packaging and provides packaging solutions to the food, beverage, pharmaceuticals, medical, household, personal care, and industrials sectors. Operations span more than 40 countries and over 200 locations. Around half of group sales are derived from North America, one quarter from Europe, and the remainder from emerging markets. Amcor operates two distinct businesses: flexibles and rigids. Flexibles accounts for about 80% of earnings and produces plastic, aluminium, and fibre-based packaging. Rigids accounts for about 20% of earnings and consists primarily of hot-fill and cold-fill polyethylene terephthalate bottling solutions in the North American and Latin American markets.

Amcor (AMCRY) Headlines

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