Paramount Bhd (XKLS:1724) PB Ratio : 0.44 (As of Jun. 01, 2024)

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What is Paramount Bhd 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 (2024-06-01), Paramount Bhd's share price is RM1.14. Paramount Bhd's Book Value per Share for the quarter that ended in Mar. 2024 was RM2.59. Hence, Paramount Bhd's PB Ratio of today is 0.44.

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

XKLS:1724' s PB Ratio Range Over the Past 10 Years
Min: 0.23 Med: 0.6 Max: 0.9
Current: 0.44

During the past 13 years, Paramount Bhd's highest PB Ratio was 0.90. The lowest was 0.23. And the median was 0.60.

XKLS:1724's PB Ratio is ranked better than
72.95% of 1752 companies
in the Real Estate industry
Industry Median: 0.81 vs XKLS:1724: 0.44

During the past 12 months, Paramount Bhd's average Book Value Per Share Growth Rate was 0.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -1.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 4.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 6.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Paramount Bhd was 35.60% per year. The lowest was -15.40% per year. And the median was 6.90% per year.

Back to Basics: PB Ratio

Paramount Bhd PB Ratio Historical Data

The historical data trend for Paramount Bhd'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.

Paramount Bhd PB Ratio Chart

Paramount Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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0.54

0.30

0.25

0.29

0.36

Paramount Bhd 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															0.29	0.30	0.40	0.36	0.45

Competitive Comparison of Paramount Bhd's PB Ratio

For the Real Estate - Development subindustry, Paramount Bhd'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.

Paramount Bhd's PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Paramount Bhd's PB Ratio distribution charts can be found below:

* The bar in red indicates where Paramount Bhd's PB Ratio falls into.

Paramount Bhd 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.

Paramount Bhd's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Mar. 2024)
	=	1.14	/	2.589
	=	0.44

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.

Paramount Bhd (XKLS:1724) 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.

Paramount Bhd PB Ratio Related Terms

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

Paramount Bhd (XKLS:1724) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Paramount Corp Bhd (XKLS:1724) » Definitions » PB Ratio

Traded in Other Exchanges

N/A

Address

1, Jalan SS21/58, Level 8, Uptown 1, Damansara Uptown, Petaling Jaya, SGR, MYS, 47400

Website

https://www.pcb.my

Paramount Corp Bhd is an investment holding company. The group has three reportable operating segments - Property, Coworking, and Investment and Others. The Property segment which generates maximum revenue is engaged in the development and construction of residential and commercial properties and property investment. The Coworking segment includes the operation of coworking spaces and incubator-related services. Investment and Others segment is involved in the investment holding and provision of group-level corporate services and property investment of campus building.

Paramount Bhd (XKLS:1724) Headlines

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