Raiz Invest (ASX:RZI) PB Ratio : 0.90 (As of May. 16, 2024)

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What is Raiz Invest 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), Raiz Invest's share price is A$0.365. Raiz Invest's Book Value per Share for the quarter that ended in Dec. 2023 was A$0.41. Hence, Raiz Invest's PB Ratio of today is 0.90.

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

ASX:RZI' s PB Ratio Range Over the Past 10 Years
Min: 0.64 Med: 1.57 Max: 4.8
Current: 0.91

During the past 7 years, Raiz Invest's highest PB Ratio was 4.80. The lowest was 0.64. And the median was 1.57.

ASX:RZI's PB Ratio is ranked better than
66.53% of 756 companies
in the Capital Markets industry
Industry Median: 1.285 vs ASX:RZI: 0.91

During the past 12 months, Raiz Invest's average Book Value Per Share Growth Rate was -14.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 0.90% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Raiz Invest was 8.60% per year. The lowest was -35.70% per year. And the median was 0.05% per year.

Back to Basics: PB Ratio

Raiz Invest PB Ratio Historical Data

The historical data trend for Raiz Invest'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.

Raiz Invest PB Ratio Chart

Raiz Invest Annual Data

Trend

Dec17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

PB Ratio

Get a 7-Day Free Trial

1.25

1.36

3.28

1.27

0.71

Raiz Invest Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial							3.07	1.27	0.87	0.71	0.99

Competitive Comparison of Raiz Invest's PB Ratio

For the Capital Markets subindustry, Raiz Invest'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.

Raiz Invest's PB Ratio Distribution in the Capital Markets Industry

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

* The bar in red indicates where Raiz Invest's PB Ratio falls into.

Raiz Invest 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.

Raiz Invest's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	0.365	/	0.406
	=	0.90

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.

Raiz Invest (ASX:RZI) 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.

Raiz Invest PB Ratio Related Terms

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

Raiz Invest (ASX:RZI) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Bulletin Place, Level 11, Sydney, NSW, AUS, 2000

Website

https://www.raizinvest.com.au

Raiz Invest Ltd provides financial services and products through its mobile first micro-investing platform which offers its customers an easy way to regularly invest either small or large amounts of money using the Raiz mobile application or through the Raiz website in Australia, Indonesia, and Malaysia. The company's operating segment includes Raiz Invest Micro Investing Platform and Other Financial Services. It generates maximum revenue from the Raiz Invest Micro Investing Platform segment.

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