GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Access Hldgs Plc (GREY:ACSBL) » Definitions » PB Ratio

Access Hldgs (Access Hldgs) PB Ratio : 0.02 (As of Jun. 09, 2024)


View and export this data going back to 2008. Start your Free Trial

What is Access Hldgs 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 (2024-06-09), Access Hldgs's share price is $0.08. Access Hldgs's Book Value per Share for the quarter that ended in Mar. 2024 was $5.07. Hence, Access Hldgs's PB Ratio of today is 0.02.

Good Sign:

Access Hldgs Plc stock PB Ratio (=0.23) is close to 10-year low of 0.22

The historical rank and industry rank for Access Hldgs's PB Ratio or its related term are showing as below:

ACSBL' s PB Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.41   Max: 1.11
Current: 0.23

During the past 13 years, Access Hldgs's highest PB Ratio was 1.11. The lowest was 0.22. And the median was 0.41.

ACSBL's PB Ratio is ranked better than
95.88% of 1457 companies
in the Banks industry
Industry Median: 0.85 vs ACSBL: 0.23

During the past 12 months, Access Hldgs's average Book Value Per Share Growth Rate was 89.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 41.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 28.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 15.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Access Hldgs was 41.60% per year. The lowest was -3.60% per year. And the median was 9.05% per year.

Back to Basics: PB Ratio


Access Hldgs PB Ratio Historical Data

The historical data trend for Access Hldgs'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.

Access Hldgs PB Ratio Chart

Access Hldgs Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Access Hldgs 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 - - - - -

Competitive Comparison of Access Hldgs's PB Ratio

For the Banks - Regional subindustry, Access Hldgs'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.


Access Hldgs's PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Access Hldgs's PB Ratio distribution charts can be found below:

* The bar in red indicates where Access Hldgs's PB Ratio falls into.



Access Hldgs 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.

Access Hldgs's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=0.08/5.068
=0.02

* 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.


Access Hldgs  (GREY:ACSBL) 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.


Access Hldgs PB Ratio Related Terms

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


Access Hldgs (Access Hldgs) Business Description

Traded in Other Exchanges
Address
Prince Alaba Abiodun, Oniru Street, 14th Floor, Plot 14/15, Access Towers, Oniru Estate, Victoria Island, Lagos, NGA
Access Bank PLC is a full-service commercial bank based in Nigeria. It serves primarily through four market segments, namely Retail Banking, Business Banking, Commercial Banking, and Corporate and Investment Banking. The Commercial Banking segment provides commercial banking products and services to the non-institutional clients, medium and small corporate segments of the Nigerian market. Corporate & investment banking provides bespoke comprehensive banking products and a full range of services to multinationals, large domestic corporations, and other institutional clients. Retail banking provides financial products and services to individuals and the private banking segment. It has three geographical segments, which include Nigeria, the Rest of Africa, and Europe.

Access Hldgs (Access Hldgs) Headlines

From GuruFocus

Q4 2020 Access Bank Plc Earnings Call Transcript

By GuruFocus Research 03-28-2024

Access Bank Plc Investor Engagement Forum Call Transcript

By GuruFocus Research 03-28-2024

Q2 2020 Access Bank Plc Earnings Call Transcript

By GuruFocus Research 03-28-2024

Q4 2019 Access Bank Plc Earnings Call Transcript

By GuruFocus Research 03-28-2024

Q2 2019 Access Bank Plc Earnings Call Transcript

By GuruFocus Research 03-28-2024

Q1 2019 Access Bank Plc Earnings Call Transcript

By GuruFocus Research 03-28-2024

Q4 2021 Access Bank Plc Earnings Call Transcript

By GuruFocus Research 03-28-2024

Q3 2019 Access Bank Plc Earnings Call Transcript

By GuruFocus Research 03-28-2024

Q2 2021 Access Bank Plc Earnings Call Transcript

By GuruFocus Research 03-28-2024