Zimre Holdings (XZIM:ZIMR.ZW) PB Ratio : 0.13 (As of May. 21, 2024)

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What is Zimre Holdings 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), Zimre Holdings's share price is ZWL38.00. Zimre Holdings's Book Value per Share for the quarter that ended in Dec. 2023 was ZWL283.16. Hence, Zimre Holdings's PB Ratio of today is 0.13.

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

XZIM:ZIMR.ZW' s PB Ratio Range Over the Past 10 Years
Min: 0.08 Med: 0.45 Max: 7.39
Current: 0.13

During the past 8 years, Zimre Holdings's highest PB Ratio was 7.39. The lowest was 0.08. And the median was 0.45.

XZIM:ZIMR.ZW's PB Ratio is ranked better than
98.98% of 489 companies
in the Insurance industry
Industry Median: 1.25 vs XZIM:ZIMR.ZW: 0.13

During the past 12 months, Zimre Holdings's average Book Value Per Share Growth Rate was 1034.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 298.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 263.70% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Zimre Holdings was 341.40% per year. The lowest was 36.90% per year. And the median was 222.10% per year.

Back to Basics: PB Ratio

Zimre Holdings PB Ratio Historical Data

The historical data trend for Zimre Holdings'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.

Zimre Holdings PB Ratio Chart

Zimre Holdings Annual Data

Trend

Dec08

Dec09

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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0.09

0.70

0.19

0.16

0.65

Zimre Holdings Semi-Annual Data
	Dec09	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial								0.19	0.29	0.16	0.53	0.65

Competitive Comparison of Zimre Holdings's PB Ratio

For the Insurance - Reinsurance subindustry, Zimre Holdings'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.

Zimre Holdings's PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Zimre Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where Zimre Holdings's PB Ratio falls into.

Zimre Holdings 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.

Zimre Holdings's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	38.00	/	283.159
	=	0.13

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.

Zimre Holdings (XZIM:ZIMR.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.

Zimre Holdings PB Ratio Related Terms

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

Zimre Holdings (XZIM:ZIMR.ZW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Zimre Holdings Ltd (XZIM:ZIMR.ZW) » Definitions » PB Ratio

Traded in Other Exchanges

N/A

Address

Smatsatsa Office Park, 2nd Floor, D Block, P.O. Box 4839, Borrowdale, Stand Number 10667, Harare, ZWE

Website

https://www.zhl.co.zw

Zimre Holdings Ltd is a Zimbabwe-based investment holding company. The firm operates its business activities in five segments. The Reinsurance segment offers short-term reinsurance products and services to general insurance companies locally, regionally and internationally. The Life reassurance segment offers its services to life assurance companies and medical aid societies locally and regionally. The Property segment is engaged in leasing, developing, managing, selling and buying properties. General insurance offers short-term insurance products and services directly to policyholders locally. Life and Pension segment. The Reinsurance segment contributes to the majority of the company's revenue. Zimre has operations in Botswana, Malawi, Mozambique, South Africa, Zambia and Zimbabwe.

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