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Liberty Financial Group (ASX:LFG) PB Ratio : 1.03 (As of Apr. 30, 2024)


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What is Liberty Financial 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 (2024-04-30), Liberty Financial Group's share price is A$3.98. Liberty Financial Group's Book Value per Share for the quarter that ended in Dec. 2023 was A$3.86. Hence, Liberty Financial Group's PB Ratio of today is 1.03.

Good Sign:

Liberty Financial Group Ltd stock PB Ratio (=1.03) is close to 3-year low of 0.93

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

ASX:LFG' s PB Ratio Range Over the Past 10 Years
Min: 0.93   Med: 1.09   Max: 2.19
Current: 1.03

During the past 4 years, Liberty Financial Group's highest PB Ratio was 2.19. The lowest was 0.93. And the median was 1.09.

ASX:LFG's PB Ratio is ranked better than
51.76% of 512 companies
in the Credit Services industry
Industry Median: 1.04 vs ASX:LFG: 1.03

During the past 12 months, Liberty Financial Group's average Book Value Per Share Growth Rate was 0.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.40% per year.

During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Liberty Financial Group was 5.40% per year. The lowest was 5.40% per year. And the median was 5.40% per year.

Back to Basics: PB Ratio


Liberty Financial Group PB Ratio Historical Data

The historical data trend for Liberty Financial 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.

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Liberty Financial Group PB Ratio Chart

Liberty Financial Group Annual Data
Trend Jun20 Jun21 Jun22 Jun23
PB Ratio
- 2.30 1.09 0.94

Liberty Financial Group Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
PB Ratio Get a 7-Day Free Trial 1.54 1.09 1.04 0.94 1.05

Competitive Comparison of Liberty Financial Group's PB Ratio

For the Credit Services subindustry, Liberty Financial 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.


Liberty Financial Group's PB Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Liberty Financial Group's PB Ratio distribution charts can be found below:

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



Liberty Financial 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=3.98/3.86
=1.03

* 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.


Liberty Financial Group  (ASX:LFG) 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.


Liberty Financial Group PB Ratio Related Terms

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


Liberty Financial Group (ASX:LFG) Business Description

Traded in Other Exchanges
N/A
Address
535 Bourke Street, Level 16, Melbourne, VIC, AUS, 3000
Liberty Financial Group Ltd is a financial services company. The company provides home loans, business loans, motor vehicle finance, personal loans, and residential and commercial mortgages. Its segments include Residential Finance, Secured Finance, Financial Services and Corporate. It generates maximum revenue from Residential Finance.

Liberty Financial Group (ASX:LFG) Headlines