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Choice International (BOM:531358) PB Ratio : 12.42 (As of Dec. 14, 2024)


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What is Choice International 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 (2024-12-14), Choice International's share price is ₹554.40. Choice International's Book Value per Share for the quarter that ended in Sep. 2024 was ₹44.62. Hence, Choice International's PB Ratio of today is 12.42.

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

BOM:531358' s PB Ratio Range Over the Past 10 Years
Min: 0.47   Med: 1.24   Max: 12.52
Current: 12.27

During the past 13 years, Choice International's highest PB Ratio was 12.52. The lowest was 0.47. And the median was 1.24.

BOM:531358's PB Ratio is ranked worse than
95.11% of 756 companies
in the Capital Markets industry
Industry Median: 1.435 vs BOM:531358: 12.27

During the past 12 months, Choice International's average Book Value Per Share Growth Rate was 65.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 18.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 9.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 8.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Choice International was 66.90% per year. The lowest was 1.20% per year. And the median was 10.60% per year.

Back to Basics: PB Ratio


Choice International PB Ratio Historical Data

The historical data trend for Choice International'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.

Choice International PB Ratio Chart

Choice International 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 0.71 1.33 2.77 5.91 8.65

Choice International Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 7.82 - 8.65 - 10.48

Competitive Comparison of Choice International's PB Ratio

For the Capital Markets subindustry, Choice International'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.


Choice International's PB Ratio Distribution in the Capital Markets Industry

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

* The bar in red indicates where Choice International's PB Ratio falls into.



Choice International 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.

Choice International's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=554.40/44.621
=12.42

* 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.


Choice International  (BOM:531358) 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.


Choice International PB Ratio Related Terms

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


Choice International Business Description

Traded in Other Exchanges
Address
J.B. Nagar, Plot No.156-158, Sunil Patodia Tower, Andheri (East), Mumbai, MH, IND, 400099
Choice International Ltd is a company engaged in providing financial services. It operates through the segments of NBFC services, Broking & Distribution services, and Advisory services. The company generates a majority of its revenue from Broking and Distribution services. It offers services like equity trading, commodity derivative trading, financial planning, currency futures trading, fund distribution, and structured products. The company conducts its business operations mainly in India.

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