Guardforce AI Co (Guardforce AI Co) PB Ratio : 1.22 (As of May. 10, 2024)

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What is Guardforce AI Co 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 (2024-05-10), Guardforce AI Co's share price is $3.13. Guardforce AI Co's Book Value per Share for the quarter that ended in Dec. 2023 was $2.57. Hence, Guardforce AI Co's PB Ratio of today is 1.22.

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

GFAI' s PB Ratio Range Over the Past 10 Years
Min: 0.26 Med: 0.88 Max: 5.66
Current: 1.22

During the past 5 years, Guardforce AI Co's highest PB Ratio was 5.66. The lowest was 0.26. And the median was 0.88.

GFAI's PB Ratio is ranked better than
65.56% of 1025 companies
in the Business Services industry
Industry Median: 1.81 vs GFAI: 1.22

During the past 12 months, Guardforce AI Co's average Book Value Per Share Growth Rate was -78.30% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Guardforce AI Co was 59.80% per year. The lowest was 59.80% per year. And the median was 59.80% per year.

Back to Basics: PB Ratio

Guardforce AI Co PB Ratio Historical Data

The historical data trend for Guardforce AI Co'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.

Guardforce AI Co PB Ratio Chart

Guardforce AI Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

3.53

0.43

1.29

Guardforce AI Co Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial				3.53	0.85	0.43	1.38	1.29

Competitive Comparison of Guardforce AI Co's PB Ratio

For the Security & Protection Services subindustry, Guardforce AI Co'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.

Guardforce AI Co's PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Guardforce AI Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Guardforce AI Co's PB Ratio falls into.

Guardforce AI Co 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.

Guardforce AI Co's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	3.13	/	2.567
	=	1.22

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.

Guardforce AI Co (NAS:GFAI) 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.

Guardforce AI Co PB Ratio Related Terms

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Guardforce AI Co (Guardforce AI Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Guardforce AI Co Ltd (NAS:GFAI) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Anson Road, No. 28-01, International Plaza, Singapore, SGP, 079903

Website

https://www.guardforceai.com

Guardforce AI Co Ltd is a provider of cash solutions and cash handling services located in Thailand. The company engages in the cash logistics business, and its services include cash-in-transit, or CIT, dedicated vehicles to banks, ATM management, cash center operations, cash processing, coin processing, cheque center, and cash deposit machine solutions (cash deposit management and express cash service). Its customers include local commercial banks, chain retailers, coin-manufacturing mints, and government authorities.