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Business Alignment PCL (BKK:BIZ) PB Ratio : 2.37 (As of Jun. 01, 2024)


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What is Business Alignment PCL 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 (2024-06-01), Business Alignment PCL's share price is ฿3.42. Business Alignment PCL's Book Value per Share for the quarter that ended in Mar. 2024 was ฿1.45. Hence, Business Alignment PCL's PB Ratio of today is 2.37.

Good Sign:

Business Alignment PCL stock PB Ratio (=2.39) is close to 3-year low of 2.31

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

BKK:BIZ' s PB Ratio Range Over the Past 10 Years
Min: 1.58   Med: 2.86   Max: 7.21
Current: 2.36

During the past 9 years, Business Alignment PCL's highest PB Ratio was 7.21. The lowest was 1.58. And the median was 2.86.

BKK:BIZ's PB Ratio is ranked worse than
52.67% of 786 companies
in the Medical Devices & Instruments industry
Industry Median: 2.23 vs BKK:BIZ: 2.36

During the past 12 months, Business Alignment PCL's average Book Value Per Share Growth Rate was 9.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 16.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 9.30% per year.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Business Alignment PCL was 32.90% per year. The lowest was 1.20% per year. And the median was 10.40% per year.

Back to Basics: PB Ratio


Business Alignment PCL PB Ratio Historical Data

The historical data trend for Business Alignment PCL'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.

Business Alignment PCL PB Ratio Chart

Business Alignment PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only 2.02 2.81 4.64 3.46 2.51

Business Alignment PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.05 2.92 2.79 2.51 2.35

Competitive Comparison of Business Alignment PCL's PB Ratio

For the Medical Devices subindustry, Business Alignment PCL'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.


Business Alignment PCL's PB Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Business Alignment PCL's PB Ratio distribution charts can be found below:

* The bar in red indicates where Business Alignment PCL's PB Ratio falls into.



Business Alignment PCL 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.

Business Alignment PCL's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=3.42/1.446
=2.37

* 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.


Business Alignment PCL  (BKK:BIZ) 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.


Business Alignment PCL PB Ratio Related Terms

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


Business Alignment PCL (BKK:BIZ) Business Description

Traded in Other Exchanges
N/A
Address
North Sathorn Road, 92/45 Sathorn Thani Building 2, 16th Floor,, Silom Sub-District, Bangrak District, Bangkok, THA, 10500
Business Alignment PCL is engaged in the distribution and installation of medical equipment for cancer treatment through radiotherapy. The company operates through i) the sale of medical equipment segment which includes installation, repair, and maintenance. In addition, it also focuses on increasing the efficiency of medical equipment and ii) Hospital operations (specialized in cancer treatment). The company is a distributor for Radiotherapy products and Brachytheraphy products in Thailand and Cambodia. Geographically operates through the region of Thailand.

Business Alignment PCL (BKK:BIZ) Headlines

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