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Panafic Industrials (BOM:538860) PB Ratio : 1.01 (As of Jun. 08, 2024)


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What is Panafic Industrials 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 (2024-06-08), Panafic Industrials's share price is ₹1.24. Panafic Industrials's Book Value per Share for the quarter that ended in Dec. 2023 was ₹1.22. Hence, Panafic Industrials's PB Ratio of today is 1.01.

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

BOM:538860' s PB Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.86   Max: 35.38
Current: 1

During the past 10 years, Panafic Industrials's highest PB Ratio was 35.38. The lowest was 0.16. And the median was 0.86.

BOM:538860's PB Ratio is ranked worse than
50.88% of 509 companies
in the Credit Services industry
Industry Median: 0.98 vs BOM:538860: 1.00

During the past 12 months, Panafic Industrials's average Book Value Per Share Growth Rate was -3.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 6.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 1.60% per year.

During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of Panafic Industrials was 6.80% per year. The lowest was -71.00% per year. And the median was 1.70% per year.

Back to Basics: PB Ratio


Panafic Industrials PB Ratio Historical Data

The historical data trend for Panafic Industrials'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.

Panafic Industrials PB Ratio Chart

Panafic Industrials Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.45 0.19 0.30 1.98 0.68

Panafic Industrials Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 - 0.68 - 0.89 -

Competitive Comparison of Panafic Industrials's PB Ratio

For the Credit Services subindustry, Panafic Industrials'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.


Panafic Industrials's PB Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Panafic Industrials's PB Ratio distribution charts can be found below:

* The bar in red indicates where Panafic Industrials's PB Ratio falls into.



Panafic Industrials 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.

Panafic Industrials's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=1.24/1.223
=1.01

* 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.


Panafic Industrials  (BOM:538860) 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.


Panafic Industrials PB Ratio Related Terms

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


Panafic Industrials (BOM:538860) Business Description

Traded in Other Exchanges
N/A
Address
Club Road, 23, IInd Floor, North West Avenue, West Punjabi Bagh, New Delhi, Delhi, IND, 110026
Panafic Industrials Ltd is a non-banking financial company. The main operation of the company is to finance industrial enterprises by way of making loans or advances mainly to private industrial enterprises in India and dealing in the sale purchase of securities. Panafic deals in shares, stocks, debentures, bonds and other investments. The company also finances corporations and other individuals by way of loans or advances or subscribing to capital.

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