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Helios Fairfax Partners (Helios Fairfax Partners) PB Ratio

: 0.56 (As of Today)
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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 (2024-04-24), Helios Fairfax Partners's share price is $2.46. Helios Fairfax Partners's Book Value per Share for the quarter that ended in Dec. 2023 was $4.39. Hence, Helios Fairfax Partners's PB Ratio of today is 0.56.

The historical rank and industry rank for Helios Fairfax Partners's PB Ratio or its related term are showing as below:

FFXXF' s PB Ratio Range Over the Past 10 Years
Min: 0.35   Med: 0.68   Max: 1.46
Current: 0.56

During the past 8 years, Helios Fairfax Partners's highest PB Ratio was 1.46. The lowest was 0.35. And the median was 0.68.

FFXXF's PB Ratio is ranked better than
89.48% of 1692 companies
in the Asset Management industry
Industry Median: 0.93 vs FFXXF: 0.56

During the past 12 months, Helios Fairfax Partners's average Book Value Per Share Growth Rate was -12.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -7.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -14.70% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Helios Fairfax Partners was -7.20% per year. The lowest was -18.60% per year. And the median was -16.95% per year.

Back to Basics: PB Ratio


Helios Fairfax Partners PB Ratio Historical Data

The historical data trend for Helios Fairfax Partners'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.

Helios Fairfax Partners Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial 0.68 0.98 0.59 0.57 0.60

Helios Fairfax Partners Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.57 0.54 0.56 0.58 0.60

Competitive Comparison

For the Asset Management subindustry, Helios Fairfax Partners'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.


Helios Fairfax Partners PB Ratio Distribution

For the Asset Management industry and Financial Services sector, Helios Fairfax Partners's PB Ratio distribution charts can be found below:

* The bar in red indicates where Helios Fairfax Partners's PB Ratio falls into.



Helios Fairfax Partners 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.

Helios Fairfax Partners's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=2.46/4.388
=0.56

* 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.


Helios Fairfax Partners  (OTCPK:FFXXF) 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.


Helios Fairfax Partners PB Ratio Related Terms

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


Helios Fairfax Partners (Helios Fairfax Partners) Business Description

Traded in Other Exchanges
Address
95 Wellington Street West, Suite 800, Toronto, ON, CAN, M5J 2N7
Helios Fairfax Partners Corp is an investment holding company whose investment objective is to achieve long-term capital appreciation while preserving capital, by investing in public and private equity securities and debt instruments in Africa and African businesses. It is also engaged in property and casualty insurance and reinsurance business.

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