TOP Financial Group (TOP Financial Group) PB Ratio : 2.28 (As of May. 04, 2024)

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What is TOP Financial 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 (2024-05-04), TOP Financial Group's share price is $2.54. TOP Financial Group's Book Value per Share for the quarter that ended in Sep. 2023 was $1.11. Hence, TOP Financial Group's PB Ratio of today is 2.28.

Good Sign:

TOP Financial Group Ltd stock PB Ratio (=2.31) is close to 2-year low of 2.29

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

TOP' s PB Ratio Range Over the Past 10 Years
Min: 2.29 Med: 7.35 Max: 147.77
Current: 2.29

During the past 4 years, TOP Financial Group's highest PB Ratio was 147.77. The lowest was 2.29. And the median was 7.35.

TOP's PB Ratio is ranked worse than
67.73% of 753 companies
in the Capital Markets industry
Industry Median: 1.28 vs TOP: 2.29

During the past 12 months, TOP Financial Group's average Book Value Per Share Growth Rate was 13.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 77.40% per year.

During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of TOP Financial Group was 77.40% per year. The lowest was 77.40% per year. And the median was 77.40% per year.

Back to Basics: PB Ratio

TOP Financial Group PB Ratio Historical Data

The historical data trend for TOP Financial 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.

TOP Financial Group PB Ratio Chart

TOP Financial Group Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

PB Ratio

5.45

TOP Financial Group Semi-Annual Data
	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
PB Ratio	Get a 7-Day Free Trial			-	-	13.04	5.45	4.61

Competitive Comparison of TOP Financial Group's PB Ratio

For the Capital Markets subindustry, TOP Financial 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.

TOP Financial Group's PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, TOP Financial Group's PB Ratio distribution charts can be found below:

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

TOP Financial 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.

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

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2023)
	=	2.54	/	1.113
	=	2.28

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.

TOP Financial Group (NAS:TOP) 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.

TOP Financial Group PB Ratio Related Terms

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TOP Financial Group (TOP Financial Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » TOP Financial Group Ltd (NAS:TOP) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

118 Connaught Road West, Room 1101, Hong Kong, HKG

Website

https://www.zyfgl.com

TOP Financial Group Ltd is an online brokerage firm in Hong Kong specializing in the trading of local and overseas equities, futures, and options products. The company operates in only one segment which is the futures brokerage service.