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Frontier Capital (BOM:508980) PB Ratio : 9.14 (As of Jun. 12, 2024)


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What is Frontier Capital 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 (2024-06-12), Frontier Capital's share price is ₹13.38. Frontier Capital's Book Value per Share for the quarter that ended in Mar. 2024 was ₹1.46. Hence, Frontier Capital's PB Ratio of today is 9.14.

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

BOM:508980' s PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 2.96   Max: 17.23
Current: 9.13

During the past 13 years, Frontier Capital's highest PB Ratio was 17.23. The lowest was 0.01. And the median was 2.96.

BOM:508980's PB Ratio is ranked worse than
97.05% of 509 companies
in the Credit Services industry
Industry Median: 0.99 vs BOM:508980: 9.13

During the past 12 months, Frontier Capital's average Book Value Per Share Growth Rate was 4.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 26.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Frontier Capital was 206.90% per year. The lowest was -87.70% per year. And the median was 1.90% per year.

Back to Basics: PB Ratio


Frontier Capital PB Ratio Historical Data

The historical data trend for Frontier Capital'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.

Frontier Capital PB Ratio Chart

Frontier Capital Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.01 5.09 3.03 1.79 22.23

Frontier Capital Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.79 - 2.83 - 22.23

Competitive Comparison of Frontier Capital's PB Ratio

For the Credit Services subindustry, Frontier Capital'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.


Frontier Capital's PB Ratio Distribution in the Credit Services Industry

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

* The bar in red indicates where Frontier Capital's PB Ratio falls into.



Frontier Capital 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.

Frontier Capital's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=13.38/1.464
=9.14

* 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.


Frontier Capital  (BOM:508980) 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.


Frontier Capital PB Ratio Related Terms

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


Frontier Capital (BOM:508980) Business Description

Traded in Other Exchanges
N/A
Address
Dr. AB Road, Readymoney Terrace, 167, Office No. 7, 2nd Floor, Worli, Mumbai, MH, IND, 400018
Frontier Capital Ltd is an India-based non-deposit accepting asset finance and non-banking financial company. Principally, it is engaged in the business of financing of heavy commercial vehicles and construction equipment, hire purchase, inventory finance, bill discounting, channel finance, corporate funding, factoring, and related insurance services. It operates in India.

Frontier Capital (BOM:508980) Headlines

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