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Riverstone Credit Opportunitiesome (LSE:RCOI) PB Ratio : 0.88 (As of May. 16, 2024)


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What is Riverstone Credit Opportunitiesome 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 (2024-05-16), Riverstone Credit Opportunitiesome's share price is $0.935. Riverstone Credit Opportunitiesome's Book Value per Share for the quarter that ended in Dec. 2023 was $1.06. Hence, Riverstone Credit Opportunitiesome's PB Ratio of today is 0.88.

Warning Sign:

Riverstone Credit Opportunities Income PLC stock PB Ratio (=0.88) is close to 5-year high of 0.950000

The historical rank and industry rank for Riverstone Credit Opportunitiesome's PB Ratio or its related term are showing as below:

LSE:RCOI' s PB Ratio Range Over the Past 10 Years
Min: 0.65   Med: 0.83   Max: 0.92
Current: 0.88

During the past 5 years, Riverstone Credit Opportunitiesome's highest PB Ratio was 0.92. The lowest was 0.65. And the median was 0.83.

LSE:RCOI's PB Ratio is ranked better than
66.53% of 1688 companies
in the Asset Management industry
Industry Median: 0.95 vs LSE:RCOI: 0.88

During the past 12 months, Riverstone Credit Opportunitiesome's average Book Value Per Share Growth Rate was -2.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 0.40% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Riverstone Credit Opportunitiesome was 2.30% per year. The lowest was 0.40% per year. And the median was 1.35% per year.

Back to Basics: PB Ratio


Riverstone Credit Opportunitiesome PB Ratio Historical Data

The historical data trend for Riverstone Credit Opportunitiesome'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.

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Riverstone Credit Opportunitiesome PB Ratio Chart

Riverstone Credit Opportunitiesome Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
0.94 0.65 0.85 0.85 0.82

Riverstone Credit Opportunitiesome Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
PB Ratio Get a 7-Day Free Trial 0.85 0.82 0.85 0.84 0.82

Competitive Comparison of Riverstone Credit Opportunitiesome's PB Ratio

For the Asset Management subindustry, Riverstone Credit Opportunitiesome'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.


Riverstone Credit Opportunitiesome's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Riverstone Credit Opportunitiesome's PB Ratio distribution charts can be found below:

* The bar in red indicates where Riverstone Credit Opportunitiesome's PB Ratio falls into.



Riverstone Credit Opportunitiesome 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.

Riverstone Credit Opportunitiesome's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=0.935/1.057
=0.88

* 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.


Riverstone Credit Opportunitiesome  (LSE:RCOI) 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.


Riverstone Credit Opportunitiesome PB Ratio Related Terms

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


Riverstone Credit Opportunitiesome (LSE:RCOI) Business Description

Traded in Other Exchanges
N/A
Address
20 Fenchurch Street, 5th Floor, London, GBR, EC3M 3BY
Riverstone Credit Opportunities Income PLC is a United Kingdom based closed-ended investment company. The company seeks to generate consistent shareholder returns in the form of income distributions by making senior secured loans to energy-related companies.

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