Ashley Services Group (ASX:ASH) PB Ratio : 1.09 (As of May. 16, 2024)

View and export this data going back to 2014. Start your Free Trial

What is Ashley Services 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 (2024-05-16), Ashley Services Group's share price is A$0.235. Ashley Services Group's Book Value per Share for the quarter that ended in Dec. 2023 was A$0.22. Hence, Ashley Services Group's PB Ratio of today is 1.09.

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

ASX:ASH' s PB Ratio Range Over the Past 10 Years
Min: 0.22 Med: 1.62 Max: 3.79
Current: 1.09

During the past 9 years, Ashley Services Group's highest PB Ratio was 3.79. The lowest was 0.22. And the median was 1.62.

ASX:ASH's PB Ratio is ranked better than
69.27% of 1025 companies
in the Business Services industry
Industry Median: 1.81 vs ASX:ASH: 1.09

During the past 12 months, Ashley Services Group's average Book Value Per Share Growth Rate was -5.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 9.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.40% per year.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Ashley Services Group was 9.50% per year. The lowest was -36.90% per year. And the median was 5.30% per year.

Back to Basics: PB Ratio

Ashley Services Group PB Ratio Historical Data

The historical data trend for Ashley Services 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.

Ashley Services Group PB Ratio Chart

Ashley Services Group Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

PB Ratio

Get a 7-Day Free Trial

1.41

1.45

2.32

3.01

3.02

Ashley Services Group Semi-Annual Data
	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														2.80	3.01	3.03	3.02	1.83

Competitive Comparison of Ashley Services Group's PB Ratio

For the Staffing & Employment Services subindustry, Ashley Services 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.

Ashley Services Group's PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Ashley Services Group's PB Ratio distribution charts can be found below:

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

Ashley Services 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.

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

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	0.235	/	0.216
	=	1.09

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.

Ashley Services Group (ASX:ASH) 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.

Ashley Services Group PB Ratio Related Terms

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

Ashley Services Group (ASX:ASH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Ashley Services Group Ltd (ASX:ASH) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

92 Pitt Street, Level 10, Sydney, NSW, AUS, 2000

Website

https://www.ashleyservicesgroup.com.au

Ashley Services Group Ltd is engaged in staffing services. The group operates in two operating segments namely Labour hire and Training. The group derives maximum revenue from providing labour-hire services. In labour-hire division, the company has candidates who are able to start work within one hour of the request and run a year-round national operation with dedicated after-hours in-house consultants. Its labour-hire brands to include Action Workforce and Concept Engineering. The organization operates in Australia.