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Prime Fresh (BOM:540404) PB Ratio : 8.34 (As of May. 21, 2024)


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What is Prime Fresh 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 (2024-05-21), Prime Fresh's share price is ₹221.70. Prime Fresh's Book Value per Share for the quarter that ended in Sep. 2023 was ₹26.58. Hence, Prime Fresh's PB Ratio of today is 8.34.

Good Sign:

Prime Fresh Ltd stock PB Ratio (=8.34) is close to 1-year low of 8.34

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

BOM:540404' s PB Ratio Range Over the Past 10 Years
Min: 2.09   Med: 4.68   Max: 14.75
Current: 8.34

During the past 12 years, Prime Fresh's highest PB Ratio was 14.75. The lowest was 2.09. And the median was 4.68.

BOM:540404's PB Ratio is ranked worse than
95.3% of 298 companies
in the Retail - Defensive industry
Industry Median: 1.755 vs BOM:540404: 8.34

During the past 12 months, Prime Fresh's average Book Value Per Share Growth Rate was 18.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 28.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 28.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 32.90% per year.

During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Prime Fresh was 49.70% per year. The lowest was 22.80% per year. And the median was 31.20% per year.

Back to Basics: PB Ratio


Prime Fresh PB Ratio Historical Data

The historical data trend for Prime Fresh'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.

Prime Fresh PB Ratio Chart

Prime Fresh 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 4.50 3.18 3.27 4.07 8.65

Prime Fresh Semi-Annual Data
Mar12 Mar13 Mar14 Mar15 Mar16 Sep16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 3.39 4.07 8.87 8.65 9.71

Competitive Comparison of Prime Fresh's PB Ratio

For the Food Distribution subindustry, Prime Fresh'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.


Prime Fresh's PB Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Prime Fresh's PB Ratio distribution charts can be found below:

* The bar in red indicates where Prime Fresh's PB Ratio falls into.



Prime Fresh 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.

Prime Fresh's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2023)
=221.70/26.577
=8.34

* 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.


Prime Fresh  (BOM:540404) 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.


Prime Fresh PB Ratio Related Terms

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


Prime Fresh (BOM:540404) Business Description

Traded in Other Exchanges
N/A
Address
102, Sanskar - 2, Polytechnic Road, Near Ketav Petrol Pump, Ambawadi, Ahmedabad, GJ, IND, 380015
Prime Fresh Ltd is an integrated Agri value chain institution in the domestic and international agricultural trade. The company is engaged in the procurement and distribution of Fruits and Vegetables. It focuses on sourcing, handling, grading, sorting, warehousing, packing, ripening, branding, warehousing, delivery of fruits and vegetables and manpower management. The group sells its products in India and also exports it to other countries, of which a majority of revenue is derived from the sales made in India.

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