AXS Group (ASX:AXS) PB Ratio : (As of Jun. 08, 2024)

View and export this data going back to 2019. Start your Free Trial

What is AXS 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 (2024-06-08), AXS Group's share price is A$0.00. AXS Group's Book Value per Share for the fiscal year that ended in . 20 was A$0.00. Hence, AXS Group's PB Ratio of today is .

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

ASX:AXS's PB Ratio is not ranked ^*
in the Software industry.
Industry Median: 2.57
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio

AXS Group PB Ratio Historical Data

The historical data trend for AXS 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.

AXS Group PB Ratio Chart

AXS Group Annual Data

Trend

PB Ratio

AXS Group Semi-Annual Data

PB Ratio

Competitive Comparison of AXS Group's PB Ratio

For the Software - Infrastructure subindustry, AXS 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.

AXS Group's PB Ratio Distribution in the Software Industry

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

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

AXS 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.

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

PB Ratio	=	Share Price	/	Book Value per Share (A: . 20)
	=	0.00	/
	=

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.

AXS Group (ASX:AXS) 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.

AXS Group PB Ratio Related Terms

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