Lowell Resources Fund (ASX:LRT) PB Ratio : 0.83 (As of May. 19, 2024)

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What is Lowell Resources Fund 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 (2024-05-19), Lowell Resources Fund's share price is A$1.365. Lowell Resources Fund's Book Value per Share for the quarter that ended in Dec. 2023 was A$1.65. Hence, Lowell Resources Fund's PB Ratio of today is 0.83.

Good Sign:

Lowell Resources Fund stock PB Ratio (=0.82) is close to 3-year low of 0.76

The historical rank and industry rank for Lowell Resources Fund's PB Ratio or its related term are showing as below:

ASX:LRT' s PB Ratio Range Over the Past 10 Years
Min: 0.71 Med: 0.94 Max: 1.59
Current: 0.82

During the past 7 years, Lowell Resources Fund's highest PB Ratio was 1.59. The lowest was 0.71. And the median was 0.94.

ASX:LRT's PB Ratio is ranked better than
73.34% of 1688 companies
in the Asset Management industry
Industry Median: 0.96 vs ASX:LRT: 0.82

During the past 12 months, Lowell Resources Fund's average Book Value Per Share Growth Rate was 16.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 18.50% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Lowell Resources Fund was 36.70% per year. The lowest was 5.60% per year. And the median was 18.35% per year.

Back to Basics: PB Ratio

Lowell Resources Fund PB Ratio Historical Data

The historical data trend for Lowell Resources Fund'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.

Lowell Resources Fund PB Ratio Chart

Lowell Resources Fund Annual Data

Trend

Sep17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

PB Ratio

Get a 7-Day Free Trial

0.81

0.95

0.88

0.89

Lowell Resources Fund Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial							0.90	0.88	0.83	0.89	0.88

Competitive Comparison of Lowell Resources Fund's PB Ratio

For the Asset Management subindustry, Lowell Resources Fund'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.

Lowell Resources Fund's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Lowell Resources Fund's PB Ratio distribution charts can be found below:

* The bar in red indicates where Lowell Resources Fund's PB Ratio falls into.

Lowell Resources Fund 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.

Lowell Resources Fund's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	1.365	/	1.654
	=	0.83

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.

Lowell Resources Fund (ASX:LRT) 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.

Lowell Resources Fund PB Ratio Related Terms

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

Lowell Resources Fund (ASX:LRT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Lowell Resources Fund (ASX:LRT) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Chapel Street, Terrain Capital, Cremorne, VIC, AUS, 3121

Website

https://www.cremornecapital.com

Lowell Resources Fund is an Australian-based Financial Services company providing specialist funds management products for both the wholesale and retail markets. The fund invests in securities listed on the Australian Stock Exchange (ASX) and investments that are likely to be listed on ASX in the future and Australian-denominated cash.

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