Abans Holdings (NSE:AHL) PB Ratio : 2.16 (As of Jun. 03, 2024)

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What is Abans Holdings 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 (2024-06-03), Abans Holdings's share price is ₹400.60. Abans Holdings's Book Value per Share for the quarter that ended in Mar. 2024 was ₹185.62. Hence, Abans Holdings's PB Ratio of today is 2.16.

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

NSE:AHL' s PB Ratio Range Over the Past 10 Years
Min: 1.28 Med: 1.82 Max: 2.37
Current: 2.17

During the past 5 years, Abans Holdings's highest PB Ratio was 2.37. The lowest was 1.28. And the median was 1.82.

NSE:AHL's PB Ratio is ranked worse than
66.14% of 756 companies
in the Capital Markets industry
Industry Median: 1.295 vs NSE:AHL: 2.17

During the past 12 months, Abans Holdings's average Book Value Per Share Growth Rate was 12.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 18.30% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Abans Holdings was 18.30% per year. The lowest was 18.30% per year. And the median was 18.30% per year.

Back to Basics: PB Ratio

Abans Holdings PB Ratio Historical Data

The historical data trend for Abans Holdings'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.

Abans Holdings PB Ratio Chart

Abans Holdings Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

PB Ratio

1.29

1.43

Abans Holdings Quarterly Data
	Mar20	Mar21	Mar22	Aug22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
PB Ratio	Get a 7-Day Free Trial					1.29	-	1.96	-	1.43

Competitive Comparison of Abans Holdings's PB Ratio

For the Capital Markets subindustry, Abans Holdings'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.

Abans Holdings's PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Abans Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where Abans Holdings's PB Ratio falls into.

Abans Holdings 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.

Abans Holdings's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Mar. 2024)
	=	400.60	/	185.624
	=	2.16

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Abans Holdings (NSE:AHL) 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.

Abans Holdings PB Ratio Related Terms

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Abans Holdings (NSE:AHL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Abans Holdings Ltd (NSE:AHL) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

543712:India

Address

Backbay Reclamation, 36, 37, 38A, Floor 3, 227 Nariman Bhavan, Nariman Point, Mumbai, MH, IND, 400 021

Website

https://www.abansholdings.com

Abans Holdings Ltd is engaged in providing financial services. The principal activities of the Company consist of general trading of agri commodities, precious metals, trading In debentures, securities, and derivative contracts on recognized stock exchanges. The company is also engaged in advisory services like Investment Banking, Corporate Finance, Project Finance, Trade Finance, and providing Business & Retail Loans, unsecured as well as secured against collateral security of immovable property, agricultural stocks, liquid assets like shares, other financial assets, etc. The operating segments are; Agency business, Internal treasury operations, Lending activities, and Others. The majority of its revenue is derived from the Internal treasury operations segment.