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Horizon North Logistics private (Horizon North Logistics private) PB Ratio : 7.90 (As of Apr. 28, 2024)


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What is Horizon North Logistics private 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 (2024-04-28), Horizon North Logistics private's share price is $7.50. Horizon North Logistics private's Book Value per Share for the quarter that ended in Mar. 2020 was $0.95. Hence, Horizon North Logistics private's PB Ratio of today is 7.90.

The historical rank and industry rank for Horizon North Logistics private's PB Ratio or its related term are showing as below:

HZNOF's PB Ratio is not ranked *
in the Business Services industry.
Industry Median: 1.77
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


Horizon North Logistics private PB Ratio Historical Data

The historical data trend for Horizon North Logistics private'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.

Horizon North Logistics private PB Ratio Chart

Horizon North Logistics private Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.89 0.87 0.72 0.76 0.86

Horizon North Logistics private Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
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 0.98 1.03 0.50 0.86 0.23

Competitive Comparison of Horizon North Logistics private's PB Ratio

For the Specialty Business Services subindustry, Horizon North Logistics private'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.


Horizon North Logistics private's PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Horizon North Logistics private's PB Ratio distribution charts can be found below:

* The bar in red indicates where Horizon North Logistics private's PB Ratio falls into.



Horizon North Logistics private 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.

Horizon North Logistics private's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2020)
=7.50/0.949
=7.90

* 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.


Horizon North Logistics private  (OTCPK:HZNOF) 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.


Horizon North Logistics private PB Ratio Related Terms

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


Horizon North Logistics private (Horizon North Logistics private) Business Description

Traded in Other Exchanges
N/A
Address
240-4th Avenue SW, Suite 900, Calgary, AB, CAN, T2P 4H4
Horizon North Logistics Inc is a Canadian company which provides a range of industrial services and modular construction solutions. The operating segments of the company are Camps and Catering, Rentals and Logistics, and Modular Solutions. Camps and Catering segment includes camp management services, access solutions, and maintenance and utility services as well as handles catering operations. The Rentals and Logistics include all rental operations, mat rental operations, relocatable structures rental operations, transportation operations, and associated services. Its Modular Solutions comprised of all modular manufacturing and installation operations for commercial and residential end markets. Most of the company's revenue comes from Camps and Catering segment.

Horizon North Logistics private (Horizon North Logistics private) Headlines

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