Market Ratios - Historical figures
Price/book value
The indicator reflects the value attributed by the market to the Shareholders' equity of a listed company, hence indirectly to the company’s overall assets. The indicator for 2020 is reported in relation to both average figures and year-end figures.
(millions of euro)
| 31.12.2020 |
2020 | 2019 |
2018 |
2017 |
2016 |
|
|---|---|---|---|---|---|---|
| Market capitalisation | 37,163 |
34,961 |
36,911 |
44,947 |
44,820 |
37,152 |
| Group's Shareholders' equity | 65,871 |
60,920 |
54,996 |
53,646 |
52,558 |
48,344 |
| PRICE/BOOK VALUE | 0.56 |
0.57 |
0.67 |
0.84 |
0.85 |
0.77 |
Pay-out ratio
The indicator reports the portion of net income paid out as dividends.
(millions of euro)
| 2020 | 2019 | 2018 |
2017 |
2016 |
|
|---|---|---|---|---|---|
| Net income | 3,277 |
4,182 |
4,050 |
7,316 |
3,111 |
| Dividends (*) | 694 |
- | 3,449 |
3,419 |
2,999 |
| PAY-OUT RATIO | 21% |
- | 85% | 47% | 96% |
(*) For 2020, 2017 and 2016, the amounts were partially assigned from reserves.
Dividend yield
This indicator measures percentage return on the share, calculated as the ratio between dividends for the year and the average annual market price in the reference year.
(euro)
| 2020 |
2019 | 2018 |
2017 |
2016 |
|
|---|---|---|---|---|---|
| Ordinary share |
|||||
| Dividend per share | 0.036 |
- | 0.197 |
0.203 |
0.178 |
| Average stock price | 1.799 |
2.108 |
2.567 |
2.678 |
2.220 |
| Dividend yield | 1.98% |
- | 7.67% | 7.58% |
8.02% |
| Savings share | |||||
| Dividend per share | - | - | - | 0.214 |
0.189 |
| Average stock price | - | - | - | 2.517 |
2.084 |
| Dividend yield | - | - | - | 8.50% |
9.07% |
Last updated 28 April 2021 at 13:05:36
