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Fortune Parts Industry PCL (BKK:FPI) PB Ratio : 1.35 (As of May. 20, 2024)


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What is Fortune Parts Industry PCL 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 (2024-05-20), Fortune Parts Industry PCL's share price is ฿2.04. Fortune Parts Industry PCL's Book Value per Share for the quarter that ended in Dec. 2023 was ฿1.51. Hence, Fortune Parts Industry PCL's PB Ratio of today is 1.35.

Good Sign:

Fortune Parts Industry PCL stock PB Ratio (=1.35) is close to 10-year low of 1.3

The historical rank and industry rank for Fortune Parts Industry PCL's PB Ratio or its related term are showing as below:

BKK:FPI' s PB Ratio Range Over the Past 10 Years
Min: 1.3   Med: 2.7   Max: 8.21
Current: 1.35

During the past 13 years, Fortune Parts Industry PCL's highest PB Ratio was 8.21. The lowest was 1.30. And the median was 2.70.

BKK:FPI's PB Ratio is ranked better than
54.49% of 1248 companies
in the Vehicles & Parts industry
Industry Median: 1.485 vs BKK:FPI: 1.35

During the past 12 months, Fortune Parts Industry PCL's average Book Value Per Share Growth Rate was 7.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 11.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 7.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 8.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Fortune Parts Industry PCL was 29.90% per year. The lowest was 1.30% per year. And the median was 12.30% per year.

Back to Basics: PB Ratio


Fortune Parts Industry PCL PB Ratio Historical Data

The historical data trend for Fortune Parts Industry PCL'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.

Fortune Parts Industry PCL PB Ratio Chart

Fortune Parts Industry PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.82 1.37 2.83 2.23 1.64

Fortune Parts Industry PCL 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 2.23 1.81 1.65 1.83 1.64

Competitive Comparison of Fortune Parts Industry PCL's PB Ratio

For the Auto Parts subindustry, Fortune Parts Industry PCL'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.


Fortune Parts Industry PCL's PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Fortune Parts Industry PCL's PB Ratio distribution charts can be found below:

* The bar in red indicates where Fortune Parts Industry PCL's PB Ratio falls into.



Fortune Parts Industry PCL 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.

Fortune Parts Industry PCL's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=2.04/1.508
=1.35

* 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.


Fortune Parts Industry PCL  (BKK:FPI) 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.


Fortune Parts Industry PCL PB Ratio Related Terms

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


Fortune Parts Industry PCL (BKK:FPI) Business Description

Traded in Other Exchanges
N/A
Address
Nimitmai Road, 11/22 Moo 20, Lamlukka, Pathumthani, THA, 12150
Fortune Parts Industry PCL is engaged in the manufacture and distribution of automotive replacement parts, dipping, and painting services based in Thailand. It has three operating segments Domestic sales, which manufacture and domestic distribution of automotive parts and equipment; Export sales, which manufacture and overseas distribution of automotive parts and equipment; and Services from dipping and painting. Some of the products offered by the company are Plastic injection parts, Lamp and mirrors, Coolants, Engine and Break parts, among others. Export sales generate the majority of the revenue. Geographically, it makes sales in Thailand, Saudi Arabia, and other countries.