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Christie Group (LSE:CTG) PB Ratio : 8.20 (As of May. 27, 2024)


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What is Christie Group 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 (2024-05-27), Christie Group's share price is £1.05. Christie Group's Book Value per Share for the quarter that ended in Dec. 2023 was £0.13. Hence, Christie Group's PB Ratio of today is 8.20.

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

LSE:CTG' s PB Ratio Range Over the Past 10 Years
Min: 2.92   Med: 7.28   Max: 22.03
Current: 8.2

During the past 13 years, Christie Group's highest PB Ratio was 22.03. The lowest was 2.92. And the median was 7.28.

LSE:CTG's PB Ratio is ranked worse than
92.49% of 1025 companies
in the Business Services industry
Industry Median: 1.78 vs LSE:CTG: 8.20

During the past 12 months, Christie Group's average Book Value Per Share Growth Rate was -59.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Christie Group was 85.10% per year. The lowest was -434.30% per year. And the median was 1.20% per year.

Back to Basics: PB Ratio


Christie Group PB Ratio Historical Data

The historical data trend for Christie Group'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.

Christie Group PB Ratio Chart

Christie Group 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 - - 16.53 3.71 7.68

Christie Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 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 16.53 9.92 3.71 5.54 7.62

Competitive Comparison of Christie Group's PB Ratio

For the Specialty Business Services subindustry, Christie Group'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.


Christie Group's PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Christie Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where Christie Group's PB Ratio falls into.



Christie Group 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.

Christie Group's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=1.05/0.128
=8.20

* 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.


Christie Group  (LSE:CTG) 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.


Christie Group PB Ratio Related Terms

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Christie Group (LSE:CTG) Business Description

Traded in Other Exchanges
N/A
Address
6 Carmelite Street, Whitefriars House, London, GBR, EC4Y 0BS
Christie Group PLC offers a portfolio of professional business services for the leisure, healthcare, education, retail and care sectors. The business of the group is operated through two segments namely Professional & Financial Services (PFS) and Stock & Inventory Systems & Services (SISS). The Professional & Financial Services segment covers business valuation, consultancy & agency, business mortgages & insurance services and business appraisal and the Stock and Inventory Systems and Service segment cover stock audit and counting, compliance, inventory preparation and valuation, hospitality, and software. The company derives maximum revenue from the Professional Business Service segment from Care sector.

Christie Group (LSE:CTG) Headlines

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