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Akdital (CAS:AKT) PB Ratio : 6.52 (As of May. 25, 2024)


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What is Akdital 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 (2024-05-25), Akdital's share price is MAD670.00. Akdital's Book Value per Share for the quarter that ended in Jun. 2023 was MAD102.69. Hence, Akdital's PB Ratio of today is 6.52.

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

CAS:AKT' s PB Ratio Range Over the Past 10 Years
Min: 2.7   Med: 4.25   Max: 8.69
Current: 6.53

During the past 4 years, Akdital's highest PB Ratio was 8.69. The lowest was 2.70. And the median was 4.25.

CAS:AKT's PB Ratio is ranked worse than
87.71% of 594 companies
in the Healthcare Providers & Services industry
Industry Median: 2.18 vs CAS:AKT: 6.53

During the past 12 months, Akdital's average Book Value Per Share Growth Rate was 196.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 170.80% per year.

During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Akdital was 170.80% per year. The lowest was 170.80% per year. And the median was 170.80% per year.

Back to Basics: PB Ratio


Akdital PB Ratio Historical Data

The historical data trend for Akdital'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.

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Akdital PB Ratio Chart

Akdital Annual Data
Trend Dec19 Dec20 Dec21 Dec22
PB Ratio
- - - 2.74

Akdital Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
PB Ratio Get a 7-Day Free Trial - - - 2.74 3.38

Competitive Comparison of Akdital's PB Ratio

For the Medical Care Facilities subindustry, Akdital'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.


Akdital's PB Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Akdital's PB Ratio distribution charts can be found below:

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



Akdital 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.

Akdital's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2023)
=670.00/102.694
=6.52

* 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.


Akdital  (CAS:AKT) 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.


Akdital PB Ratio Related Terms

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Akdital (CAS:AKT) Business Description

Traded in Other Exchanges
N/A
Address
258 Route de l’Oasis, Casablanca, MAR, 20250
Akdital operates private healthcare clinics. The company offers healthcare services such as cardiac surgery, neurosurgery, oncology, radiotherapy, intensive care, and neonatal care, providing patients with comprehensive care according to international standards.

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