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Sterling Guaranty & Finance (BOM:508963) PB Ratio : (As of May. 31, 2024)


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What is Sterling Guaranty & Finance 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 (2024-05-31), Sterling Guaranty & Finance's share price is ₹24.70. Sterling Guaranty & Finance's Book Value per Share for the quarter that ended in Mar. 2024 was ₹-1.17. Hence, Sterling Guaranty & Finance's PB Ratio of today is .

The historical rank and industry rank for Sterling Guaranty & Finance's PB Ratio or its related term are showing as below:

BOM:508963's PB Ratio is not ranked *
in the Credit Services industry.
Industry Median: 0.995
* Ranked among companies with meaningful PB Ratio only.

During the past 3 years, the average Book Value Per Share Growth Rate was 7.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 0.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -4.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Sterling Guaranty & Finance was 7.10% per year. The lowest was -13.50% per year. And the median was -7.60% per year.

Back to Basics: PB Ratio


Sterling Guaranty & Finance PB Ratio Historical Data

The historical data trend for Sterling Guaranty & Finance'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.

Sterling Guaranty & Finance PB Ratio Chart

Sterling Guaranty & Finance Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
PB Ratio
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Sterling Guaranty & Finance Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Sterling Guaranty & Finance's PB Ratio

For the Credit Services subindustry, Sterling Guaranty & Finance'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.


Sterling Guaranty & Finance's PB Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Sterling Guaranty & Finance's PB Ratio distribution charts can be found below:

* The bar in red indicates where Sterling Guaranty & Finance's PB Ratio falls into.



Sterling Guaranty & Finance 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.

Sterling Guaranty & Finance's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=24.70/-1.17
=

* 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.


Sterling Guaranty & Finance  (BOM:508963) 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.


Sterling Guaranty & Finance PB Ratio Related Terms

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Sterling Guaranty & Finance (BOM:508963) Business Description

Traded in Other Exchanges
N/A
Address
Office No 3rd & 4th, 3rd Floor, The Centrium, Village Kurla Kirol, Kurla West, Mumbai, MH, IND, 400070
Sterling Guaranty & Finance Ltd offers financial services in India. The company offers various services like legal and investments advisory, investment modeling, investment risk assessment, security valuation, arbitrage strategies, and investments. Revenue for the company is generated from advisory fees.

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