Persimmon PLC (PSN) - Net Assets
Based on the latest financial reports, Persimmon PLC (PSN) has net assets worth GBX3.61 Billion GBX (≈ $439.73K USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX5.32 Billion ≈ $647.07K USD) and total liabilities (GBX1.70 Billion ≈ $207.34K USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check PSN strategic asset allocation to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX3.61 Billion |
| % of Total Assets | 67.96% |
| Annual Growth Rate | 16.19% |
| 5-Year Change | -0.31% |
| 10-Year Change | 32.03% |
| Growth Volatility | 29.98 |
Persimmon PLC - Net Assets Trend (1985–2025)
This chart illustrates how Persimmon PLC's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Persimmon PLC market capitalisation.
Annual Net Assets for Persimmon PLC (1985–2025)
The table below shows the annual net assets of Persimmon PLC from 1985 to 2025. Also explore PSN shareholders equity momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | GBX3.61 Billion ≈ $439.73K |
+3.07% |
| 2024-12-31 | GBX3.51 Billion ≈ $426.65K |
+2.58% |
| 2023-12-31 | GBX3.42 Billion ≈ $415.93K |
-0.60% |
| 2022-12-31 | GBX3.44 Billion ≈ $418.46K |
-5.13% |
| 2021-12-31 | GBX3.63 Billion ≈ $441.08K |
+3.04% |
| 2020-12-31 | GBX3.52 Billion ≈ $428.09K |
+7.98% |
| 2019-12-31 | GBX3.26 Billion ≈ $396.44K |
+2.00% |
| 2018-12-31 | GBX3.19 Billion ≈ $388.68K |
-0.22% |
| 2017-12-31 | GBX3.20 Billion ≈ $389.54K |
+16.96% |
| 2016-12-31 | GBX2.74 Billion ≈ $333.06K |
+11.47% |
| 2015-12-31 | GBX2.46 Billion ≈ $298.80K |
+12.00% |
| 2014-12-31 | GBX2.19 Billion ≈ $266.78K |
+7.19% |
| 2013-12-31 | GBX2.05 Billion ≈ $248.88K |
+2.60% |
| 2012-12-31 | GBX1.99 Billion ≈ $242.58K |
+8.39% |
| 2011-12-31 | GBX1.84 Billion ≈ $223.79K |
+5.46% |
| 2010-12-31 | GBX1.74 Billion ≈ $212.19K |
+7.44% |
| 2009-12-31 | GBX1.62 Billion ≈ $197.50K |
+4.37% |
| 2008-12-31 | GBX1.56 Billion ≈ $189.22K |
-33.69% |
| 2007-12-31 | GBX2.35 Billion ≈ $285.37K |
+15.46% |
| 2006-12-31 | GBX2.03 Billion ≈ $247.15K |
+20.05% |
| 2005-12-31 | GBX1.69 Billion ≈ $205.87K |
+20.38% |
| 2004-12-31 | GBX1.41 Billion ≈ $171.02K |
+24.80% |
| 2003-12-31 | GBX1.13 Billion ≈ $137.04K |
+20.20% |
| 2002-12-31 | GBX937.00 Million ≈ $114.01K |
+18.09% |
| 2001-12-31 | GBX793.47 Million ≈ $96.54K |
+89.09% |
| 2000-12-31 | GBX419.63 Million ≈ $51.06K |
+15.39% |
| 1999-12-31 | GBX363.68 Million ≈ $44.25K |
+13.38% |
| 1998-12-31 | GBX320.75 Million ≈ $39.03K |
+9.31% |
| 1997-12-31 | GBX293.43 Million ≈ $35.70K |
+8.86% |
| 1996-12-31 | GBX269.55 Million ≈ $32.80K |
+33.62% |
| 1995-12-31 | GBX201.72 Million ≈ $24.54K |
+2.73% |
| 1994-12-31 | GBX196.36 Million ≈ $23.89K |
+35.80% |
| 1993-12-31 | GBX144.59 Million ≈ $17.59K |
+13.00% |
| 1992-12-31 | GBX127.96 Million ≈ $15.57K |
-1.37% |
| 1991-12-31 | GBX129.74 Million ≈ $15.79K |
+45.00% |
| 1990-12-31 | GBX89.47 Million ≈ $10.89K |
+17.52% |
| 1989-12-31 | GBX76.14 Million ≈ $9.26K |
+26.81% |
| 1988-12-31 | GBX60.04 Million ≈ $7.30K |
+140.20% |
| 1987-12-31 | GBX25.00 Million ≈ $3.04K |
+36.87% |
| 1986-12-31 | GBX18.26 Million ≈ $2.22K |
+104.64% |
| 1985-12-31 | GBX8.92 Million ≈ $1.09K |
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Equity Component Analysis
This analysis shows how different components contribute to Persimmon PLC's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 82192.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX3.04 Billion | 84.13% |
| Common Stock | GBX32.10 Million | 0.89% |
| Other Comprehensive Income | GBX513.30 Million | 14.20% |
| Other Components | GBX28.00 Million | 0.77% |
| Total Equity | GBX3.61 Billion | 100.00% |
Persimmon PLC Competitors by Market Cap
The table below lists competitors of Persimmon PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Atende S.A.
WAR:ATD
|
$42.91 Million |
|
Mister Spex SE
F:MRX
|
$42.91 Million |
|
Tplex Co. Ltd
KQ:081150
|
$42.92 Million |
|
INFOMARK Co. Ltd
KQ:175140
|
$42.94 Million |
|
Granite Point Mortgage Trust Inc
NYSE:GPMT
|
$42.89 Million |
|
AXIOS Sustainable Growth
NYSE:AXAC
|
$42.88 Million |
|
Sand Nisko Capital Bhd
KLSE:7943
|
$42.87 Million |
|
Nandan Denim Limited
NSE:NDL
|
$42.87 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Persimmon PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,506,600,000 to 3,614,100,000, a change of 107,500,000 (3.1%).
- Net income of 285,700,000 contributed positively to equity growth.
- Dividend payments of 192,100,000 reduced retained earnings.
- Share repurchases of 2,300,000 reduced equity.
- New share issuances of 2,500,000 increased equity.
- Other comprehensive income decreased equity by 1.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX285.70 Million | +7.91% |
| Dividends Paid | GBX192.10 Million | -5.32% |
| Share Repurchases | GBX2.30 Million | -0.06% |
| Share Issuances | GBX2.50 Million | +0.07% |
| Other Comprehensive Income | GBX-1.00 | -0.0% |
| Other Changes | GBX13.70 Million | +0.38% |
| Total Change | GBX- | 3.07% |
Book Value vs Market Value Analysis
This analysis compares Persimmon PLC's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 98.42x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 6318.94x to 98.42x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-12-31 | GBX0.17 | GBX1098.50 | x |
| 1986-12-31 | GBX0.32 | GBX1098.50 | x |
| 1987-12-31 | GBX0.62 | GBX1098.50 | x |
| 1988-12-31 | GBX0.84 | GBX1098.50 | x |
| 1989-12-31 | GBX0.97 | GBX1098.50 | x |
| 1990-12-31 | GBX1.10 | GBX1098.50 | x |
| 1991-12-31 | GBX1.44 | GBX1098.50 | x |
| 1992-12-31 | GBX1.35 | GBX1098.50 | x |
| 1993-12-31 | GBX1.46 | GBX1098.50 | x |
| 1994-12-31 | GBX1.71 | GBX1098.50 | x |
| 1995-12-31 | GBX1.69 | GBX1098.50 | x |
| 1996-12-31 | GBX1.65 | GBX1098.50 | x |
| 1997-12-31 | GBX1.65 | GBX1098.50 | x |
| 1998-12-31 | GBX1.80 | GBX1098.50 | x |
| 1999-12-31 | GBX2.01 | GBX1098.50 | x |
| 2000-12-31 | GBX2.30 | GBX1098.50 | x |
| 2001-12-31 | GBX3.10 | GBX1098.50 | x |
| 2002-12-31 | GBX3.32 | GBX1098.50 | x |
| 2003-12-31 | GBX3.95 | GBX1098.50 | x |
| 2004-12-31 | GBX4.89 | GBX1098.50 | x |
| 2005-12-31 | GBX5.79 | GBX1098.50 | x |
| 2006-12-31 | GBX6.82 | GBX1098.50 | x |
| 2007-12-31 | GBX7.76 | GBX1098.50 | x |
| 2008-12-31 | GBX5.18 | GBX1098.50 | x |
| 2009-12-31 | GBX5.37 | GBX1098.50 | x |
| 2010-12-31 | GBX5.76 | GBX1098.50 | x |
| 2011-12-31 | GBX6.07 | GBX1098.50 | x |
| 2012-12-31 | GBX6.53 | GBX1098.50 | x |
| 2013-12-31 | GBX6.70 | GBX1098.50 | x |
| 2014-12-31 | GBX7.17 | GBX1098.50 | x |
| 2015-12-31 | GBX7.83 | GBX1098.50 | x |
| 2016-12-31 | GBX8.62 | GBX1098.50 | x |
| 2017-12-31 | GBX9.89 | GBX1098.50 | x |
| 2018-12-31 | GBX10.12 | GBX1098.50 | x |
| 2019-12-31 | GBX10.22 | GBX1098.50 | x |
| 2020-12-31 | GBX11.00 | GBX1098.50 | x |
| 2021-12-31 | GBX11.32 | GBX1098.50 | x |
| 2022-12-31 | GBX10.69 | GBX1098.50 | x |
| 2023-12-31 | GBX10.65 | GBX1098.50 | x |
| 2024-12-31 | GBX10.85 | GBX1098.50 | x |
| 2025-12-31 | GBX11.16 | GBX1098.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Persimmon PLC utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.91%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.62%
- • Asset Turnover: 0.71x
- • Equity Multiplier: 1.47x
- Recent ROE (7.91%) is below the historical average (15.09%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 21.91% | 6.13% | 1.29x | 2.78x | GBX1.06 Million |
| 1986 | 21.04% | 8.28% | 1.09x | 2.32x | GBX2.02 Million |
| 1987 | 32.64% | 11.07% | 1.20x | 2.45x | GBX5.66 Million |
| 1988 | 31.95% | 16.09% | 0.96x | 2.06x | GBX13.18 Million |
| 1989 | 27.66% | 16.31% | 0.86x | 1.96x | GBX13.44 Million |
| 1990 | 20.75% | 13.61% | 0.82x | 1.87x | GBX9.61 Million |
| 1991 | 11.46% | 10.33% | 0.75x | 1.48x | GBX1.89 Million |
| 1992 | 4.91% | 4.47% | 0.58x | 1.90x | GBX-6.52 Million |
| 1993 | 9.15% | 7.81% | 0.64x | 1.83x | GBX-1.24 Million |
| 1994 | 8.54% | 8.13% | 0.61x | 1.72x | GBX-2.87 Million |
| 1995 | 8.13% | 6.57% | 0.68x | 1.82x | GBX-3.78 Million |
| 1996 | 9.21% | 5.50% | 0.81x | 2.07x | GBX-2.14 Million |
| 1997 | 12.86% | 7.18% | 0.99x | 1.81x | GBX8.40 Million |
| 1998 | 13.97% | 7.83% | 0.92x | 1.95x | GBX12.72 Million |
| 1999 | 15.85% | 8.28% | 1.00x | 1.91x | GBX21.27 Million |
| 2000 | 17.35% | 9.81% | 0.94x | 1.88x | GBX30.86 Million |
| 2001 | 14.68% | 7.88% | 0.86x | 2.17x | GBX37.10 Million |
| 2002 | 18.84% | 10.32% | 0.97x | 1.89x | GBX82.80 Million |
| 2003 | 20.79% | 12.44% | 0.95x | 1.76x | GBX121.57 Million |
| 2004 | 23.07% | 15.22% | 0.88x | 1.71x | GBX183.74 Million |
| 2005 | 20.38% | 15.09% | 0.84x | 1.62x | GBX175.60 Million |
| 2006 | 19.51% | 12.62% | 0.84x | 1.85x | GBX193.27 Million |
| 2007 | 17.63% | 13.72% | 0.73x | 1.77x | GBX178.96 Million |
| 2008 | -40.19% | -35.61% | 0.56x | 2.03x | GBX-780.52 Million |
| 2009 | 4.57% | 5.22% | 0.51x | 1.72x | GBX-88.22 Million |
| 2010 | 6.61% | 7.35% | 0.58x | 1.56x | GBX-59.10 Million |
| 2011 | 5.93% | 7.10% | 0.60x | 1.40x | GBX-74.93 Million |
| 2012 | 8.54% | 9.89% | 0.61x | 1.40x | GBX-29.17 Million |
| 2013 | 12.57% | 12.33% | 0.69x | 1.48x | GBX52.65 Million |
| 2014 | 16.97% | 14.45% | 0.77x | 1.53x | GBX152.74 Million |
| 2015 | 21.25% | 17.99% | 0.76x | 1.56x | GBX276.32 Million |
| 2016 | 22.84% | 19.93% | 0.76x | 1.51x | GBX351.56 Million |
| 2017 | 24.58% | 21.87% | 0.76x | 1.49x | GBX466.74 Million |
| 2018 | 27.75% | 23.72% | 0.80x | 1.46x | GBX566.95 Million |
| 2019 | 26.05% | 23.26% | 0.81x | 1.38x | GBX522.97 Million |
| 2020 | 18.14% | 19.18% | 0.72x | 1.31x | GBX286.56 Million |
| 2021 | 21.71% | 21.80% | 0.75x | 1.32x | GBX424.68 Million |
| 2022 | 16.31% | 14.70% | 0.76x | 1.46x | GBX217.07 Million |
| 2023 | 7.47% | 9.21% | 0.58x | 1.40x | GBX-86.45 Million |
| 2024 | 7.62% | 8.35% | 0.66x | 1.38x | GBX-83.56 Million |
| 2025 | 7.91% | 7.62% | 0.71x | 1.47x | GBX-75.71 Million |
Industry Comparison
This section compares Persimmon PLC's net assets metrics with peer companies in the Residential Construction industry.
Industry Context
- Industry: Residential Construction
- Average net assets among peers: $778,330,556
- Average return on equity (ROE) among peers: 12.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Persimmon PLC (PSN) | GBX3.61 Billion | 21.91% | 0.47x | $42.90 Million |
| The Berkeley Group Holdings plc (BKG) | $2.14 Billion | 30.19% | 1.12x | $36.44 Million |
| Barratt Redrow plc (BTRW) | $399.40 Million | 15.80% | 0.93x | $47.51 Million |
| Bellway PLC (BWY) | $1.04 Billion | 16.09% | 0.58x | $26.75 Million |
| Cairn Homes PLC (CRN) | $721.72 Million | 0.62% | 0.39x | $17.44 Million |
| Crest Nicholson Holdings plc (CRST) | $825.30 Million | -1.30% | 0.78x | $1.78 Million |
| MJ Gleeson plc (GLE) | $152.91 Million | 15.02% | 0.18x | $1.77 Million |
| Springfield Properties Plc (SPR) | $29.25 Million | 13.90% | 1.76x | $1.59 Million |
| Taylor Wimpey PLC (TW) | $431.73 Million | 8.86% | 0.70x | $32.12 Million |
| Vistry Group PLC (VTY) | $1.27 Billion | 10.88% | 0.41x | $10.30 Million |
About Persimmon PLC
Persimmon Plc, together with its subsidiaries, operates as a house builder in the United Kingdom. The company offers family housing under the Persimmon Homes brand name; housing under the Charles Church brand name; and social housing under the Westbury Partnerships brand name. It also provides broadband services under the FibreNest brand; and timber frame, insulated wall panels, and roof cassette… Read more