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World Flex PCL (BKK:WFX) PB Ratio : 0.34 (As of Jun. 21, 2024)


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What is World Flex PCL 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 (2024-06-21), World Flex PCL's share price is ฿1.35. World Flex PCL's Book Value per Share for the quarter that ended in Mar. 2024 was ฿3.96. Hence, World Flex PCL's PB Ratio of today is 0.34.

Good Sign:

World Flex PCL stock PB Ratio (=0.38) is close to 3-year low of 0.38

The historical rank and industry rank for World Flex PCL's PB Ratio or its related term are showing as below:

BKK:WFX' s PB Ratio Range Over the Past 10 Years
Min: 0.33   Med: 0.98   Max: 2.53
Current: 0.33

During the past 5 years, World Flex PCL's highest PB Ratio was 2.53. The lowest was 0.33. And the median was 0.98.

BKK:WFX's PB Ratio is ranked better than
92.75% of 1007 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.23 vs BKK:WFX: 0.33

During the past 12 months, World Flex PCL's average Book Value Per Share Growth Rate was -11.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 16.50% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of World Flex PCL was 38.90% per year. The lowest was 16.50% per year. And the median was 27.70% per year.

Back to Basics: PB Ratio


World Flex PCL PB Ratio Historical Data

The historical data trend for World Flex PCL'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.

World Flex PCL PB Ratio Chart

World Flex PCL Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
- - 1.82 1.02 0.50

World Flex PCL Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.99 0.61 0.60 0.50 0.47

Competitive Comparison of World Flex PCL's PB Ratio

For the Textile Manufacturing subindustry, World Flex PCL'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.


World Flex PCL's PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, World Flex PCL's PB Ratio distribution charts can be found below:

* The bar in red indicates where World Flex PCL's PB Ratio falls into.



World Flex PCL 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.

World Flex PCL's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=1.35/3.963
=0.34

* 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.


World Flex PCL  (BKK:WFX) 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.


World Flex PCL PB Ratio Related Terms

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


World Flex PCL (BKK:WFX) Business Description

Traded in Other Exchanges
N/A
Address
Pluakdaeng Road, 59/1 moo 5, Tambol Manam Koo, Amphur Pluakdaeng, Rayong, THA, 10260
World Flex PCL is engaged in the manufacturing of high-quality rubber thread. It is engaged in the manufacture and sales of latex thread.

World Flex PCL (BKK:WFX) Headlines

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