Accordant Group (NZSE:AGL) PB Ratio : 0.49 (As of May. 21, 2024)

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What is Accordant Group 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 (2024-05-21), Accordant Group's share price is NZ$0.50. Accordant Group's Book Value per Share for the quarter that ended in Sep. 2023 was NZ$1.03. Hence, Accordant Group's PB Ratio of today is 0.49.

Good Sign:

Accordant Group Ltd stock PB Ratio (=0.49) is close to 10-year low of 0.49

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

NZSE:AGL' s PB Ratio Range Over the Past 10 Years
Min: 0.49 Med: 1.68 Max: 3.87
Current: 0.49

During the past 13 years, Accordant Group's highest PB Ratio was 3.87. The lowest was 0.49. And the median was 1.68.

NZSE:AGL's PB Ratio is ranked better than
91.91% of 1026 companies
in the Business Services industry
Industry Median: 1.825 vs NZSE:AGL: 0.49

During the past 12 months, Accordant Group's average Book Value Per Share Growth Rate was -4.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 0.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -0.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 1.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Accordant Group was 785.40% per year. The lowest was -10.00% per year. And the median was 1.90% per year.

Back to Basics: PB Ratio

Accordant Group PB Ratio Historical Data

The historical data trend for Accordant Group'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.

Accordant Group PB Ratio Chart

Accordant Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

PB Ratio

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1.58

1.27

1.11

1.89

1.60

Accordant Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
PB Ratio	Get a 7-Day Free Trial															1.57	1.89	1.64	1.60	1.12

Competitive Comparison of Accordant Group's PB Ratio

For the Staffing & Employment Services subindustry, Accordant Group'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.

Accordant Group's PB Ratio Distribution in the Business Services Industry

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

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

Accordant Group 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.

Accordant Group's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2023)
	=	0.50	/	1.03
	=	0.49

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.

Accordant Group (NZSE:AGL) 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.

Accordant Group PB Ratio Related Terms

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

Accordant Group (NZSE:AGL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Accordant Group Ltd (NZSE:AGL) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

51 Shortland Street, Level 6, P.O. Box 105675, Auckland, NTL, NZL, 1010

Website

https://www.accordant.nz

Accordant Group Ltd is a recruitment and staffing provider company. The group has two reportable segments: AWF and Madison, Absolute IT, and JacksonStone & Partners. The AWF brands derive their revenues from temporary staffing services to the industry. The Madison, Absolute IT, and JacksonStone & Partners brands, which is the key revenue driver, derive revenues from the temporary, contract, and permanent staff services to commerce.