GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » First Mutual Properties Ltd (XZIM:FMP.ZW) » Definitions » PB Ratio

First Mutual Properties (XZIM:FMP.ZW) PB Ratio : 0.02 (As of May. 24, 2024)


View and export this data going back to . Start your Free Trial

What is First Mutual Properties 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 (2024-05-24), First Mutual Properties's share price is ZWL15.00. First Mutual Properties's Book Value per Share for the quarter that ended in Jun. 2023 was ZWL657.52. Hence, First Mutual Properties's PB Ratio of today is 0.02.

Good Sign:

First Mutual Properties Ltd stock PB Ratio (=0.02) is close to 10-year low of 0.02

The historical rank and industry rank for First Mutual Properties's PB Ratio or its related term are showing as below:

XZIM:FMP.ZW' s PB Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.19   Max: 1.59
Current: 0.02

During the past 7 years, First Mutual Properties's highest PB Ratio was 1.59. The lowest was 0.02. And the median was 0.19.

XZIM:FMP.ZW's PB Ratio is not ranked
in the Real Estate industry.
Industry Median: 0.82 vs XZIM:FMP.ZW: 0.02

During the past 12 months, First Mutual Properties's average Book Value Per Share Growth Rate was 1091.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 167.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 70.40% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of First Mutual Properties was 337.20% per year. The lowest was -48.80% per year. And the median was 68.85% per year.

Back to Basics: PB Ratio


First Mutual Properties PB Ratio Historical Data

The historical data trend for First Mutual Properties'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.

First Mutual Properties PB Ratio Chart

First Mutual Properties Annual Data
Trend Dec11 Dec12 Dec18 Dec19 Dec20 Dec21 Dec22
PB Ratio
Get a 7-Day Free Trial 0.11 0.02 0.24 0.14 0.15

First Mutual Properties Semi-Annual Data
Jun09 Jun11 Dec11 Jun12 Dec12 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 2.10 0.14 0.21 0.15 0.02

Competitive Comparison of First Mutual Properties's PB Ratio

For the Real Estate Services subindustry, First Mutual Properties'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.


First Mutual Properties's PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, First Mutual Properties's PB Ratio distribution charts can be found below:

* The bar in red indicates where First Mutual Properties's PB Ratio falls into.



First Mutual Properties 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.

First Mutual Properties's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2023)
=15.00/657.516
=0.02

* 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.


First Mutual Properties  (XZIM:FMP.ZW) 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.


First Mutual Properties PB Ratio Related Terms

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


First Mutual Properties (XZIM:FMP.ZW) Business Description

Traded in Other Exchanges
N/A
Address
100 Borrowdale Road, First Floor, First Mutual Park, Borrowdale, Harare, ZWE
First Mutual Properties Ltd is principally engaged in property investment, development, and management. The segments of the company include office, retail and industrial properties. The office segment acquires, develops and leases office in the central business district and office parks. Office comprise the high rise central business district buildings and office parks in Zimbabwe. The retail segment acquires, develops and leases shops, and the industrial segment comprises properties situated in designated industrial areas of Zimbabwe. The industrial segment comprises properties situated in designated industrial areas of Zimbabwe.

First Mutual Properties (XZIM:FMP.ZW) Headlines

No Headlines