What is ZIM Integrated Shipping Services 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 (2024-09-16), ZIM Integrated Shipping Services's share price is $18.36. ZIM Integrated Shipping Services's Book Value per Share for the quarter that ended in Jun. 2024 was $24.01. Hence, ZIM Integrated Shipping Services's PB Ratio of today is 0.76.
The historical rank and industry rank for ZIM Integrated Shipping Services's PB Ratio or its related term are showing as below:
ZIM' s PB Ratio Range Over the Past 10 Years
Min: 0.26 Med: 0.79 Max: 12.42
Current: 0.76
During the past 7 years, ZIM Integrated Shipping Services's highest PB Ratio was 12.42. The lowest was 0.26. And the median was 0.79.
ZIM's PB Ratio is ranked better than
72.95% of 939 companies
in the Transportation industry
Industry Median: 1.27 vs ZIM: 0.76
During the past 12 months, ZIM Integrated Shipping Services's average Book Value Per Share Growth Rate was -40.50% per year.During the past 3 years, the average Book Value Per Share Growth Rate was 107.80% per year.
During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of ZIM Integrated Shipping Services was 107.80% per year. The lowest was 107.80% per year. And the median was 107.80% per year.
Back to Basics: PB Ratio
ZIM Integrated Shipping Services PB Ratio Historical Data
The historical data trend for ZIM Integrated Shipping Services'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.
ZIM Integrated Shipping Services PB Ratio Chart
| ZIM Integrated Shipping Services Annual Data | |||||||||||||||
| Trend | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | ||||||||
| PB Ratio | Get a 7-Day Free Trial | - | - | 1.53 | 0.35 | 0.48 | |||||||||
| ZIM Integrated Shipping Services Quarterly Data | ||||||||||||||||||||
| Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | |
| PB Ratio | Get a 7-Day Free Trial | 0.31 | 0.49 | 0.48 | 0.48 | 0.92 | ||||||||||||||
Competitive Comparison of ZIM Integrated Shipping Services's PB Ratio
For the Marine Shipping subindustry, ZIM Integrated Shipping Services'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.
ZIM Integrated Shipping Services's PB Ratio Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, ZIM Integrated Shipping Services's PB Ratio distribution charts can be found below:
* The bar in red indicates where ZIM Integrated Shipping Services's PB Ratio falls into.
ZIM Integrated Shipping Services 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.
ZIM Integrated Shipping Services's PB Ratio for today is calculated as follows:
| PB Ratio | = | Share Price | / | Book Value per Share (Q: Jun. 2024) |
| = | 18.36 | / | 24.005 | |
| = | 0.76 |
* 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:
| PB Ratio | = | Market Cap | / | (Total Stockholders Equity | - | Preferred Stock) |
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.
ZIM Integrated Shipping Services(NYSE:ZIM) 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.
ZIM Integrated Shipping Services PB Ratio Related Terms
Thank you for viewing the detailed overview of ZIM Integrated Shipping Services's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
ZIM Integrated Shipping Services Business Description
Industry
GURUFOCUS.COM »STOCK LIST »Industrials » Transportation » ZIM Integrated Shipping Services Ltd (NYSE:ZIM) » Definitions » PB Ratio
Comparable Companies
NAT CMRE NMM ASC DAC GNK EGLE NETI SMHI SB BSP:PSVM11 OCSE:MAERSK B XTER:HLAG BOM:532921 HKSE:01919 SHSE:600018 TSE:9101 TSE:9104 SHSE:601018 TSE:9107
Traded in Other Exchanges
2SV:Germany
Address
9 Andrei Sakharov Street, P.O. Box 15067, Matam, Haifa, ISR, 3190500
Website
ZIM Integrated Shipping Services Ltd is an asset-light container liner shipping company. It offers tailored services, including land transportation and logistical services, specialized shipping solutions, including the transportation of out-of-gauge cargo, refrigerated cargo, and dangerous and hazardous cargo. Its services include Cargo Services, Digital Services, Schedules, and Shipping Trades and Lines. Geographically, it derives a majority of revenue from the Pacific.
ZIM Integrated Shipping Services Headlines
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