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Arax Holdings (Arax Holdings) PB Ratio : 19.09 (As of Jul. 24, 2024)


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What is Arax 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 (2024-07-24), Arax Holdings's share price is $1.05. Arax Holdings's Book Value per Share for the quarter that ended in Jan. 2024 was $0.06. Hence, Arax Holdings's PB Ratio of today is 19.09.

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

ARAT' s PB Ratio Range Over the Past 10 Years
Min: 3.39   Med: 18.18   Max: 31.82
Current: 17.5

During the past 9 years, Arax Holdings's highest PB Ratio was 31.82. The lowest was 3.39. And the median was 18.18.

ARAT's PB Ratio is ranked worse than
92.14% of 2556 companies
in the Software industry
Industry Median: 2.63 vs ARAT: 17.50

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Arax Holdings was 41.50% per year. The lowest was -113.00% per year. And the median was 14.70% per year.

Back to Basics: PB Ratio


Arax Holdings PB Ratio Historical Data

The historical data trend for Arax 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.

Arax Holdings PB Ratio Chart

Arax Holdings Annual Data
Trend Oct12 Oct13 Oct14 Oct15 Oct16 Oct20 Oct21 Oct22 Oct23
PB Ratio
Get a 7-Day Free Trial Premium Member Only - - - - 23.64

Arax Holdings Quarterly Data
Apr16 Jul16 Oct16 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 - 5.88 4.24 23.64 21.18

Competitive Comparison of Arax Holdings's PB Ratio

For the Software - Infrastructure subindustry, Arax 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.


Arax Holdings's PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Arax Holdings's PB Ratio distribution charts can be found below:

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



Arax 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Jan. 2024)
=1.05/0.055
=19.09

* 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.


Arax Holdings  (OTCPK:ARAT) 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.


Arax Holdings PB Ratio Related Terms

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Arax Holdings (Arax Holdings) Business Description

Traded in Other Exchanges
N/A
Address
30 North Gould Street, Sheridan, WY, USA, 82801
Arax Holdings Corp invests in TechFin and blockchain-based software solutions companies. The primary focus of Arax is to fuse decentralized solutions with financial service providers within multiple markets and communication networks to bring blockchain to everyday life.

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