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Hudaco Industries (JSE:HDC) PB Ratio : 1.45 (As of May. 23, 2024)


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What is Hudaco Industries 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 (2024-05-23), Hudaco Industries's share price is R168.00. Hudaco Industries's Book Value per Share for the quarter that ended in Nov. 2023 was R115.71. Hence, Hudaco Industries's PB Ratio of today is 1.45.

Good Sign:

Hudaco Industries Ltd stock PB Ratio (=1.44) is close to 3-year low of 1.3

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

JSE:HDC' s PB Ratio Range Over the Past 10 Years
Min: 0.64   Med: 1.67   Max: 2.55
Current: 1.45

During the past 13 years, Hudaco Industries's highest PB Ratio was 2.55. The lowest was 0.64. And the median was 1.67.

JSE:HDC's PB Ratio is ranked worse than
60.42% of 144 companies
in the Industrial Distribution industry
Industry Median: 1.18 vs JSE:HDC: 1.45

During the past 12 months, Hudaco Industries's average Book Value Per Share Growth Rate was 8.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 12.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 7.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 8.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Hudaco Industries was 17.30% per year. The lowest was 3.30% per year. And the median was 11.25% per year.

Back to Basics: PB Ratio


Hudaco Industries PB Ratio Historical Data

The historical data trend for Hudaco Industries'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.

Hudaco Industries PB Ratio Chart

Hudaco Industries Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.25 1.04 1.46 1.32 1.41

Hudaco Industries Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 1.46 1.58 1.32 1.43 1.41

Competitive Comparison of Hudaco Industries's PB Ratio

For the Industrial Distribution subindustry, Hudaco Industries'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.


Hudaco Industries's PB Ratio Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Hudaco Industries's PB Ratio distribution charts can be found below:

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



Hudaco Industries 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.

Hudaco Industries's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Nov. 2023)
=168.00/115.713
=1.45

* 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.


Hudaco Industries  (JSE:HDC) 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.


Hudaco Industries PB Ratio Related Terms

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


Hudaco Industries (JSE:HDC) Business Description

Traded in Other Exchanges
N/A
Address
Emerald Boulevard, Greenstone Hill, Building 9, 1st Floor, Greenstone Hill Office Park, Edenvale, GT, ZAF, 1609
Hudaco Industries Ltd is engaged in importing and distributing branded automotive, industrial and electrical consumable products. The company operates in two business segment such as Consumer-related product segment which includes power tools, security equipment, communication equipment, automotive and batteries, and Engineering consumables segment which consist of bearings, diesel engines and spares, and power transmission. It generates maximum revenue from Consumer-related product segment. Geographically, it derives a majority of revenue from South Africa.

Hudaco Industries (JSE:HDC) Headlines

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