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Gromutual Bhd (XKLS:9962) PB Ratio : 0.30 (As of May. 03, 2024)


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What is Gromutual Bhd 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 (2024-05-03), Gromutual Bhd's share price is RM0.32. Gromutual Bhd's Book Value per Share for the quarter that ended in Sep. 2023 was RM1.06. Hence, Gromutual Bhd's PB Ratio of today is 0.30.

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

XKLS:9962' s PB Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.35   Max: 0.7
Current: 0.3

During the past 13 years, Gromutual Bhd's highest PB Ratio was 0.70. The lowest was 0.23. And the median was 0.35.

XKLS:9962's PB Ratio is ranked better than
83.33% of 1752 companies
in the Real Estate industry
Industry Median: 0.81 vs XKLS:9962: 0.30

During the past 12 months, Gromutual Bhd's average Book Value Per Share Growth Rate was 4.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 2.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 3.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Gromutual Bhd was 7.50% per year. The lowest was 1.90% per year. And the median was 4.00% per year.

Back to Basics: PB Ratio


Gromutual Bhd PB Ratio Historical Data

The historical data trend for Gromutual Bhd'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.

Gromutual Bhd PB Ratio Chart

Gromutual Bhd Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.29 0.28 0.26 0.31 0.28

Gromutual Bhd Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.28 0.28 0.28 0.25 0.28

Competitive Comparison of Gromutual Bhd's PB Ratio

For the Real Estate - Diversified subindustry, Gromutual Bhd'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.


Gromutual Bhd's PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Gromutual Bhd's PB Ratio distribution charts can be found below:

* The bar in red indicates where Gromutual Bhd's PB Ratio falls into.



Gromutual Bhd 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.

Gromutual Bhd's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2023)
=0.32/1.062
=0.30

* 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.


Gromutual Bhd  (XKLS:9962) 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.


Gromutual Bhd PB Ratio Related Terms

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


Gromutual Bhd (XKLS:9962) Business Description

Traded in Other Exchanges
N/A
Address
PH1, Austin 18, Jalan Austin Perdana 3, Taman Austin Perdana, Johor Bahru, JHR, MYS, 81100
Gromutual Bhd is an investment holding company, which is engaged in the development, construction, and management of properties in Malaysia. The business activity of the firm is operated through Property Development, Property Management, and other segments. The Property development segment consists of the construction contract. The Property management segment consists of the rental of properties. The Others segment includes small plantation business and Group-level corporate services and treasury functions. The development products range from landed residential, commercial buildings, high rise versatile business suites, and industrial parks.

Gromutual Bhd (XKLS:9962) Headlines

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