AVADA Group (ASX:AVD) PB Ratio : 0.97 (As of May. 17, 2024)

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What is AVADA Group 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 (2024-05-17), AVADA Group's share price is A$0.65. AVADA Group's Book Value per Share for the quarter that ended in Dec. 2023 was A$0.67. Hence, AVADA Group's PB Ratio of today is 0.97.

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

ASX:AVD' s PB Ratio Range Over the Past 10 Years
Min: 0.7 Med: 1.03 Max: 1.34
Current: 0.96

During the past 3 years, AVADA Group's highest PB Ratio was 1.34. The lowest was 0.70. And the median was 1.03.

ASX:AVD's PB Ratio is ranked better than
60.89% of 1621 companies
in the Construction industry
Industry Median: 1.25 vs ASX:AVD: 0.96

During the past 12 months, AVADA Group's average Book Value Per Share Growth Rate was 3.70% per year.

Back to Basics: PB Ratio

AVADA Group PB Ratio Historical Data

The historical data trend for AVADA Group'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.

AVADA Group PB Ratio Chart

AVADA Group Annual Data

Trend

Jun21

Jun22

Jun23

PB Ratio

1.05

1.17

AVADA Group Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	1.20	1.05	1.31	1.17	0.79

Competitive Comparison of AVADA Group's PB Ratio

For the Infrastructure Operations subindustry, AVADA Group'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.

AVADA Group's PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, AVADA Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where AVADA Group's PB Ratio falls into.

AVADA Group 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.

AVADA Group's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	0.65	/	0.673
	=	0.97

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

AVADA Group (ASX:AVD) 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.

AVADA Group PB Ratio Related Terms

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AVADA Group (ASX:AVD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » AVADA Group Ltd (ASX:AVD) » Definitions » PB Ratio

Traded in Other Exchanges

N/A

Address

116 Ipswich Road, Suite 1, Level 2, Woolloongabba, QLD, AUS, 4102

Website

https://www.avadagroup.com.au

AVADA Group Ltd is an Australian traffic management operator and ancillary service provider with an established network throughout Queensland and New South Wales. The group has two reportable segments: Queensland Traffic Management and New South Wales Traffic Management. Queensland Traffic Management is the key revenue generator for the group. It provides services to government clients and major contractors in the civil infrastructure and maintenance sector.