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IFIC Bank (DHA:IFIC) PB Ratio : 0.50 (As of May. 13, 2024)


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What is IFIC Bank 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 (2024-05-13), IFIC Bank's share price is BDT9.80. IFIC Bank's Book Value per Share for the quarter that ended in Jun. 2023 was BDT19.74. Hence, IFIC Bank's PB Ratio of today is 0.50.

Good Sign:

IFIC Bank PLC stock PB Ratio (=0.5) is close to 10-year low of 0.47

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

DHA:IFIC' s PB Ratio Range Over the Past 10 Years
Min: 0.47   Med: 0.67   Max: 1.28
Current: 0.49

During the past 9 years, IFIC Bank's highest PB Ratio was 1.28. The lowest was 0.47. And the median was 0.67.

DHA:IFIC's PB Ratio is ranked better than
82.44% of 1458 companies
in the Banks industry
Industry Median: 0.86 vs DHA:IFIC: 0.49

During the past 12 months, IFIC Bank's average Book Value Per Share Growth Rate was 7.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 9.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 8.70% per year.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of IFIC Bank was 14.20% per year. The lowest was 7.90% per year. And the median was 8.80% per year.

Back to Basics: PB Ratio


IFIC Bank PB Ratio Historical Data

The historical data trend for IFIC Bank'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.

IFIC Bank PB Ratio Chart

IFIC Bank Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only 0.55 0.89 0.95 0.61 0.57

IFIC Bank Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 0.71 0.61 0.60 0.58 0.57

Competitive Comparison of IFIC Bank's PB Ratio

For the Banks - Regional subindustry, IFIC Bank'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.


IFIC Bank's PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, IFIC Bank's PB Ratio distribution charts can be found below:

* The bar in red indicates where IFIC Bank's PB Ratio falls into.



IFIC Bank 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.

IFIC Bank's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2023)
=9.80/19.735
=0.50

* 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.


IFIC Bank  (DHA:IFIC) 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.


IFIC Bank PB Ratio Related Terms

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


IFIC Bank (DHA:IFIC) Business Description

Traded in Other Exchanges
N/A
Address
IFIC Tower, 61 Purana Paltan, GPO Box : 2229, Dhaka, BGD, 1000
IFIC Bank PLC is a commercial banking company in Bangladesh. The company provides corporate banking, retail banking internet banking, and SME banking. The company is also engaged in Treasury and capital market offering Cash Management, Liquidity Planning, Liquidity Protection, Trading of Foreign Exchange and Money Market Instruments, and Risk Management. Its segments are Corporate; SME; Short term Agri credit; Consumer and Others. It derives interest income from the Conventional banking unit and Off-Shore banking unit.

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