COG Financial Services (ASX:COG) PB Ratio : 1.42 (As of May. 16, 2024)

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What is COG Financial Services 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), COG Financial Services's share price is A$1.165. COG Financial Services's Book Value per Share for the quarter that ended in Dec. 2023 was A$0.82. Hence, COG Financial Services's PB Ratio of today is 1.42.

The historical rank and industry rank for COG Financial Services's PB Ratio or its related term are showing as below:

ASX:COG' s PB Ratio Range Over the Past 10 Years
Min: 0.24 Med: 0.83 Max: 2.03
Current: 1.43

During the past 13 years, COG Financial Services's highest PB Ratio was 2.03. The lowest was 0.24. And the median was 0.83.

ASX:COG's PB Ratio is ranked worse than
53.44% of 756 companies
in the Capital Markets industry
Industry Median: 1.285 vs ASX:COG: 1.43

During the past 12 months, COG Financial Services's average Book Value Per Share Growth Rate was -6.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -8.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -9.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -3.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of COG Financial Services was 67.20% per year. The lowest was -68.70% per year. And the median was -1.65% per year.

Back to Basics: PB Ratio

COG Financial Services PB Ratio Historical Data

The historical data trend for COG Financial Services'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.

COG Financial Services PB Ratio Chart

COG Financial Services Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

PB Ratio

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0.72

0.51

1.47

1.74

1.60

COG Financial Services 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															1.69	1.74	1.68	1.60	1.74

Competitive Comparison of COG Financial Services's PB Ratio

For the Capital Markets subindustry, COG Financial Services'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.

COG Financial Services's PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, COG Financial Services's PB Ratio distribution charts can be found below:

* The bar in red indicates where COG Financial Services's PB Ratio falls into.

COG Financial Services 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.

COG Financial Services's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	1.165	/	0.818
	=	1.42

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.

COG Financial Services (ASX:COG) 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.

COG Financial Services PB Ratio Related Terms

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

COG Financial Services (ASX:COG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » COG Financial Services Ltd (ASX:COG) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

72 Archer Street, Level 1, Chatswood, Sydney, NSW, AUS, 2067

Website

https://www.cogfs.com.au

COG Financial Services Ltd is engaged in the equipment finance sector. The investment objective of the company is to grow its earnings per share from investing in complementary entities and growing existing businesses that specialize in equipment finance broking, finance aggregation, and commercial leases for essential business assets. Its segments include Finance Broking and Aggregation, which is the key revenue driver, focused on the aggregation of broker volumes to maximize profitability through scale and finance broking focused on a range of products finance and asset types; Funds Management and Lending activities and others.

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