Autosports Group (ASX:ASG) PB Ratio : 0.94 (As of Jun. 22, 2024)

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What is Autosports Group 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 (2024-06-22), Autosports Group's share price is A$2.27. Autosports Group's Book Value per Share for the quarter that ended in Dec. 2023 was A$2.42. Hence, Autosports Group's PB Ratio of today is 0.94.

Good Sign:

Autosports Group Ltd stock PB Ratio (=0.92) is close to 1-year low of 0.86

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

ASX:ASG' s PB Ratio Range Over the Past 10 Years
Min: 0.22 Med: 0.91 Max: 1.38
Current: 0.94

During the past 6 years, Autosports Group's highest PB Ratio was 1.38. The lowest was 0.22. And the median was 0.91.

ASX:ASG's PB Ratio is ranked better than
65.63% of 1257 companies
in the Vehicles & Parts industry
Industry Median: 1.38 vs ASX:ASG: 0.94

During the past 12 months, Autosports Group's average Book Value Per Share Growth Rate was 5.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 7.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -1.40% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Autosports Group was 7.80% per year. The lowest was -5.60% per year. And the median was -3.80% per year.

Back to Basics: PB Ratio

Autosports Group PB Ratio Historical Data

The historical data trend for Autosports Group'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.

Autosports Group PB Ratio Chart

Autosports Group Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

PB Ratio

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0.51

0.62

1.23

0.69

0.86

Autosports Group Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial								1.01	0.69	0.89	0.86	0.97

Competitive Comparison of Autosports Group's PB Ratio

For the Auto & Truck Dealerships subindustry, Autosports Group'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.

Autosports Group's PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Autosports Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where Autosports Group's PB Ratio falls into.

Autosports Group 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.

Autosports Group's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	2.27	/	2.422
	=	0.94

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.

Autosports Group (ASX:ASG) 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.

Autosports Group PB Ratio Related Terms

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Autosports Group (ASX:ASG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Autosports Group Ltd (ASX:ASG) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

565 Parramatta Road, Leichhardt, Sydney, NSW, AUS, 2040

Website

https://www.autosportsgroup.com.au

Autosports Group Ltd operates in the retail automotive industry. The core business focuses on the sale of new and used motor vehicles, distribution of finance and insurance products on behalf of retail financiers and automotive insurers. In addition, the company is involved in the sale of aftermarket products and spare parts, motor vehicle servicing and collision repair services. It generates maximum revenue from New and demonstrator vehicles followed by Used vehicles and others. Geographically the group operates in Australia and New Zealand, where the majority revenue is generated from Australia.