Poste Italiane S.p.A. provides postal, logistics, and financial and insurance products and services in Italy. It operates in four segments: Mail, Parcels and Distribution; Payments and Mobile; Financial Services; and Insurance Services. The Mail, Parcels and Distribution segment offers mail and parcel services, as well as engages in the activities of the distribution network. As of December 31, 2021, it operated a network of 12,761 post offices in Italy. The Payments and Mobile segment provides payment, card payment, and mobile telecommunications services, as well as payment management, e-money services, and mobile and fixed-line telephone services; and digital services for the public sector. The Financial Services segment is involved in the collection of various forms of savings deposits; provision of payment and foreign currency exchange services, as well as investment services; and promotion and arrangement of loans issued by banks and other authorized financial institutions. The Insurance Services segment offers life and casualty insurance products. Poste Italiane S.p.A. was founded in 1862 and is headquartered in Rome, Italy.
P/B ratio for Poste Italiane S.p.A. (PST.MI)
P/B ratio as of 2023: 1.41
According to Poste Italiane S.p.A.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 1.41. At the end of 2022 the company had a P/B ratio of 1.33.
P/B ratio history for Poste Italiane S.p.A. from 2005 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 1.41 |
| 2022 | 1.33 |
| 2021 | 1.24 |
| 2020 | 0.94 |
| 2019 | 1.36 |
| 2018 | 1.12 |
| 2017 | 1.09 |
| 2016 | 1.01 |
| 2015 | 0.96 |
| 2014 | 1.04 |
| 2013 | 1.23 |
| 2012 | 1.55 |
| 2011 | 3.07 |
| 2010 | 2.00 |
| 2009 | 1.91 |
| 2008 | 2.56 |
| 2007 | 2.85 |
| 2006 | 3.50 |
| 2005 | 8.96 |