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Global X Funds (BSP:BLPA39) PB Ratio : (As of Jul. 22, 2024)


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What is Global X Funds 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 (2024-07-22), Global X Funds's share price is R$66.85. Global X Funds's Book Value per Share for the fiscal year that ended in . 20 was R$0.00. Hence, Global X Funds's PB Ratio of today is .

The historical rank and industry rank for Global X Funds's PB Ratio or its related term are showing as below:

BSP:BLPA39's PB Ratio is not ranked *
in the Asset Management industry.
Industry Median: 0.94
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


Global X Funds PB Ratio Historical Data

The historical data trend for Global X Funds'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.

Global X Funds PB Ratio Chart

Global X Funds Annual Data
Trend
PB Ratio

Global X Funds Semi-Annual Data
PB Ratio

Competitive Comparison of Global X Funds's PB Ratio

For the Asset Management subindustry, Global X Funds'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.


Global X Funds's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Global X Funds's PB Ratio distribution charts can be found below:

* The bar in red indicates where Global X Funds's PB Ratio falls into.



Global X Funds 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.

Global X Funds's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (A: . 20)
=66.85/
=

* 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.


Global X Funds  (BSP:BLPA39) 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.


Global X Funds PB Ratio Related Terms

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


Global X Funds (BSP:BLPA39) Business Description

Comparable Companies
Address
605 Third Avenue, 43rd Floor, New York, NY, USA, 10158
Global X Funds is an open-end management investment company. It has one hundred and thirteen portfolios, one hundred and eight of which are operational. Some of the products of the company are, Global X Lithium and Battery Tech ETF, Global X Social Media ETF, and Global X Emerging Markets Internet & E-commerce ETF and others.

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