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Corporate Courier and Cargo (BOM:526737) PB Ratio : 4.05 (As of May. 25, 2024)


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What is Corporate Courier and Cargo 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 (2024-05-25), Corporate Courier and Cargo's share price is ₹2.98. Corporate Courier and Cargo's Book Value per Share for the quarter that ended in Dec. 2022 was ₹0.74. Hence, Corporate Courier and Cargo's PB Ratio of today is 4.05.

The historical rank and industry rank for Corporate Courier and Cargo's PB Ratio or its related term are showing as below:

BOM:526737's PB Ratio is not ranked *
in the Transportation industry.
Industry Median: 1.33
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


Corporate Courier and Cargo PB Ratio Historical Data

The historical data trend for Corporate Courier and Cargo'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.

Corporate Courier and Cargo PB Ratio Chart

Corporate Courier and Cargo Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.56 22.64 14.95 5.14 15.08

Corporate Courier and Cargo Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 6.08 15.08 9.10 11.11 8.97

Competitive Comparison of Corporate Courier and Cargo's PB Ratio

For the Integrated Freight & Logistics subindustry, Corporate Courier and Cargo'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.


Corporate Courier and Cargo's PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Corporate Courier and Cargo's PB Ratio distribution charts can be found below:

* The bar in red indicates where Corporate Courier and Cargo's PB Ratio falls into.



Corporate Courier and Cargo 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.

Corporate Courier and Cargo's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2022)
=2.98/0.735
=4.05

* 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.


Corporate Courier and Cargo  (BOM:526737) 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.


Corporate Courier and Cargo PB Ratio Related Terms

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Corporate Courier and Cargo (BOM:526737) Business Description

Traded in Other Exchanges
N/A
Address
19, Parsi Panchayat Road, Andheri (East), Mumbai, MH, IND, 400069
Corporate Courier and Cargo Ltd are engaged in providing real estate services. The company also provides logistics services and provides infrastructure services. It generates maximum revenue from logistics services. Geographically, the company operates within India.

Corporate Courier and Cargo (BOM:526737) Headlines

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