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Boom Logistics (ASX:BOL) PB Ratio : 0.54 (As of May. 16, 2024)


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What is Boom Logistics 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 (2024-05-16), Boom Logistics's share price is A$0.14. Boom Logistics's Book Value per Share for the quarter that ended in Dec. 2023 was A$0.26. Hence, Boom Logistics's PB Ratio of today is 0.54.

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

ASX:BOL' s PB Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.47   Max: 0.88
Current: 0.55

During the past 13 years, Boom Logistics's highest PB Ratio was 0.88. The lowest was 0.12. And the median was 0.47.

ASX:BOL's PB Ratio is ranked better than
90.15% of 1025 companies
in the Business Services industry
Industry Median: 1.81 vs ASX:BOL: 0.55

During the past 12 months, Boom Logistics's average Book Value Per Share Growth Rate was -1.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -2.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -4.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -8.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Boom Logistics was 48.60% per year. The lowest was -21.50% per year. And the median was -5.10% per year.

Back to Basics: PB Ratio


Boom Logistics PB Ratio Historical Data

The historical data trend for Boom Logistics'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.

Boom Logistics PB Ratio Chart

Boom Logistics Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.49 0.41 0.53 0.58 0.47

Boom Logistics Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.71 0.58 0.57 0.47 0.49

Competitive Comparison of Boom Logistics's PB Ratio

For the Specialty Business Services subindustry, Boom Logistics'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.


Boom Logistics's PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Boom Logistics's PB Ratio distribution charts can be found below:

* The bar in red indicates where Boom Logistics's PB Ratio falls into.



Boom Logistics 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.

Boom Logistics's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=0.14/0.257
=0.54

* 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.


Boom Logistics  (ASX:BOL) 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.


Boom Logistics PB Ratio Related Terms

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


Boom Logistics (ASX:BOL) Business Description

Traded in Other Exchanges
Address
55 Southbank Boulevard, Suite B Level 1, Southbank, Melbourne, VIC, AUS, 3006
Boom Logistics Ltd is a national industrial services group that provides total lifting solutions, short-term or long-term crane hire, right across Australia. The company has two operating segments, namely, "Lifting Solutions", which provides all lifting activities including the provision of cranes, travel towers, access equipment, and all associated services; and "Labour Hire", which includes the provision of skilled labour with a wide range of trades, such as, electricians, boilermakers, mechanics, plus the traditional crane and travel tower operators, riggers, truck drivers. The company earns majority revenue from the Lifting Solutions segment.

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