Foraco International (TSX:FAR) PB Ratio : 2.55 (As of May. 15, 2024)

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What is Foraco International 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 (2024-05-15), Foraco International's share price is C$2.89. Foraco International's Book Value per Share for the quarter that ended in Mar. 2024 was C$1.13. Hence, Foraco International's PB Ratio of today is 2.55.

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

TSX:FAR' s PB Ratio Range Over the Past 10 Years
Min: 0.1 Med: 0.65 Max: 11.81
Current: 2.39

During the past 13 years, Foraco International's highest PB Ratio was 11.81. The lowest was 0.10. And the median was 0.65.

TSX:FAR's PB Ratio is ranked worse than
68.77% of 2392 companies
in the Metals & Mining industry
Industry Median: 1.41 vs TSX:FAR: 2.39

During the past 12 months, Foraco International's average Book Value Per Share Growth Rate was 11.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 84.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 22.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -10.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Foraco International was 84.90% per year. The lowest was -41.50% per year. And the median was 4.85% per year.

Back to Basics: PB Ratio

Foraco International PB Ratio Historical Data

The historical data trend for Foraco International'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.

Foraco International PB Ratio Chart

Foraco International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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0.77

2.81

2.54

1.68

1.75

Foraco International Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
PB Ratio	Get a 7-Day Free Trial															1.86	1.54	1.67	1.75	2.54

Competitive Comparison of Foraco International's PB Ratio

For the Other Industrial Metals & Mining subindustry, Foraco International'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.

Foraco International's PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Foraco International's PB Ratio distribution charts can be found below:

* The bar in red indicates where Foraco International's PB Ratio falls into.

Foraco International 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.

Foraco International's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Mar. 2024)
	=	2.89	/	1.132
	=	2.55

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.

Foraco International (TSX:FAR) 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.

Foraco International PB Ratio Related Terms

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Foraco International (TSX:FAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Foraco International SA (TSX:FAR) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

FRACF:USA 3F3:Germany

Address

26, Plage de l’Estaque, Marseille, FRA, 13016

Website

https://www.foraco.com

Foraco International SA is the business of providing mineral and water drilling services and hydraulic drilling. It specializes in drilling in harsh environments and isolated locations including desert, and mountainous regions. The principal sources of revenue consist of drilling contracts for companies involved in mining and water exploration. The principal sources of revenue consist of drilling contracts for companies primarily involved in mining and water exploration. The group has its operations in Europe, the Middle East and Africa, North America, South America and the Asia Pacific.

Executives

Fabien Sevestre

Senior Officer

Foraco International (TSX:FAR) Headlines

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