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Fruition Venture (BOM:538568) PB Ratio : 4.81 (As of May. 16, 2024)


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What is Fruition Venture 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 (2024-05-16), Fruition Venture's share price is ₹64.50. Fruition Venture's Book Value per Share for the quarter that ended in Dec. 2023 was ₹13.41. Hence, Fruition Venture's PB Ratio of today is 4.81.

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

BOM:538568' s PB Ratio Range Over the Past 10 Years
Min: 0.46   Med: 0.92   Max: 4.49
Current: 4.49

During the past 10 years, Fruition Venture's highest PB Ratio was 4.49. The lowest was 0.46. And the median was 0.92.

BOM:538568's PB Ratio is ranked worse than
84.92% of 756 companies
in the Capital Markets industry
Industry Median: 1.285 vs BOM:538568: 4.49

During the past 12 months, Fruition Venture's average Book Value Per Share Growth Rate was -2.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 6.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -5.60% per year.

During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of Fruition Venture was 23.30% per year. The lowest was -12.80% per year. And the median was 2.70% per year.

Back to Basics: PB Ratio


Fruition Venture PB Ratio Historical Data

The historical data trend for Fruition Venture'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.

Fruition Venture PB Ratio Chart

Fruition Venture Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.59 0.92 1.22 0.66 2.34

Fruition Venture Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 2.34 - 3.54 -

Competitive Comparison of Fruition Venture's PB Ratio

For the Capital Markets subindustry, Fruition Venture'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.


Fruition Venture's PB Ratio Distribution in the Capital Markets Industry

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

* The bar in red indicates where Fruition Venture's PB Ratio falls into.



Fruition Venture 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.

Fruition Venture's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=64.50/13.408
=4.81

* 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.


Fruition Venture  (BOM:538568) 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.


Fruition Venture PB Ratio Related Terms

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


Fruition Venture (BOM:538568) Business Description

Traded in Other Exchanges
N/A
Address
1301, Padma Tower-1, Rajendra Place, New Delhi, IND, 110008
Fruition Venture Ltd is engaged in the trading of shares and securities and investments in various commodities. It generates revenue from the sale of shares. The company also serves various sectors such as Financial investments, Technology (hardware), Agro, Scrap, Petro-chemicals, Polymers, Textiles, Human Resource Development, Financial consultancy and advisor.

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