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Australian Ethical Investment (ASX:AEF) PB Ratio : 18.44 (As of May. 01, 2024)


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What is Australian Ethical Investment 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 (2024-05-01), Australian Ethical Investment's share price is A$4.48. Australian Ethical Investment's Book Value per Share for the quarter that ended in Dec. 2023 was A$0.24. Hence, Australian Ethical Investment's PB Ratio of today is 18.44.

The historical rank and industry rank for Australian Ethical Investment's PB Ratio or its related term are showing as below:

ASX:AEF' s PB Ratio Range Over the Past 10 Years
Min: 2.78   Med: 12.04   Max: 68.28
Current: 18.43

During the past 13 years, Australian Ethical Investment's highest PB Ratio was 68.28. The lowest was 2.78. And the median was 12.04.

ASX:AEF's PB Ratio is ranked worse than
99.47% of 1693 companies
in the Asset Management industry
Industry Median: 0.93 vs ASX:AEF: 18.43

During the past 12 months, Australian Ethical Investment's average Book Value Per Share Growth Rate was 19.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 8.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 12.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 12.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Australian Ethical Investment was 17.60% per year. The lowest was -7.60% per year. And the median was 9.75% per year.

Back to Basics: PB Ratio


Australian Ethical Investment PB Ratio Historical Data

The historical data trend for Australian Ethical Investment'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.

Australian Ethical Investment PB Ratio Chart

Australian Ethical Investment Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.64 36.00 39.26 21.28 14.18

Australian Ethical Investment Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 65.05 21.28 19.07 14.18 22.26

Competitive Comparison of Australian Ethical Investment's PB Ratio

For the Asset Management subindustry, Australian Ethical Investment'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.


Australian Ethical Investment's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Australian Ethical Investment's PB Ratio distribution charts can be found below:

* The bar in red indicates where Australian Ethical Investment's PB Ratio falls into.



Australian Ethical Investment 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.

Australian Ethical Investment's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=4.48/0.243
=18.44

* 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.


Australian Ethical Investment  (ASX:AEF) 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.


Australian Ethical Investment PB Ratio Related Terms

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


Australian Ethical Investment (ASX:AEF) Business Description

Traded in Other Exchanges
Address
130 Pitt Street, Level 8, Sydney, NSW, AUS, 2000
Australian Ethical Investment Ltd is an Australia-based company engaged in the operating segment of Funds Management. The company is involved into acting as the responsible entity for a range of public offer ethically managed investment schemes and to act as the Trustee of the Australian Ethical Retail Superannuation Fund (Super Fund). The products of the company are Super, Managed funds, ETF and Pension.