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Keystone Positive Change Investment Trust (LSE:KPC) PB Ratio : 0.85 (As of May. 16, 2024)


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What is Keystone Positive Change Investment Trust 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), Keystone Positive Change Investment Trust's share price is £2.22. Keystone Positive Change Investment Trust's Book Value per Share for the quarter that ended in Mar. 2024 was £2.62. Hence, Keystone Positive Change Investment Trust's PB Ratio of today is 0.85.

Good Sign:

Keystone Positive Change Investment Trust PLC stock PB Ratio (=0.84) is close to 1-year low of 0.77

The historical rank and industry rank for Keystone Positive Change Investment Trust's PB Ratio or its related term are showing as below:

LSE:KPC' s PB Ratio Range Over the Past 10 Years
Min: 0.49   Med: 0.9   Max: 1.25
Current: 0.84

During the past 13 years, Keystone Positive Change Investment Trust's highest PB Ratio was 1.25. The lowest was 0.49. And the median was 0.90.

LSE:KPC's PB Ratio is ranked better than
71.8% of 1688 companies
in the Asset Management industry
Industry Median: 0.95 vs LSE:KPC: 0.84

During the past 12 months, Keystone Positive Change Investment Trust's average Book Value Per Share Growth Rate was 3.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -8.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -10.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -4.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Keystone Positive Change Investment Trust was 17.20% per year. The lowest was -16.50% per year. And the median was 0.80% per year.

Back to Basics: PB Ratio


Keystone Positive Change Investment Trust PB Ratio Historical Data

The historical data trend for Keystone Positive Change Investment Trust'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.

Keystone Positive Change Investment Trust PB Ratio Chart

Keystone Positive Change Investment Trust Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.81 0.83 0.99 0.87 0.86

Keystone Positive Change Investment Trust Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 0.89 0.87 0.83 0.86 0.88

Competitive Comparison of Keystone Positive Change Investment Trust's PB Ratio

For the Asset Management subindustry, Keystone Positive Change Investment Trust'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.


Keystone Positive Change Investment Trust's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Keystone Positive Change Investment Trust's PB Ratio distribution charts can be found below:

* The bar in red indicates where Keystone Positive Change Investment Trust's PB Ratio falls into.



Keystone Positive Change Investment Trust 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.

Keystone Positive Change Investment Trust's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=2.22/2.623
=0.85

* 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.


Keystone Positive Change Investment Trust  (LSE:KPC) 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.


Keystone Positive Change Investment Trust PB Ratio Related Terms

Thank you for viewing the detailed overview of Keystone Positive Change Investment Trust's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Keystone Positive Change Investment Trust (LSE:KPC) Business Description

Traded in Other Exchanges
Address
28 St. James's Square, Grimaldi House, London, GBR, SW1Y 4JH
Keystone Positive Change Investment Trust PLC is an asset management company. Its objective is to generate long-term capital growth and contribute to a more sustainable and inclusive world by investing in public and private companies whose products and services make a positive social or environmental impact.

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