GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Afarak Group SE (CHIX:AFAGRh) » Definitions » PB Ratio

Afarak Group SE (CHIX:AFAGRH) PB Ratio : 1.44 (As of May. 05, 2024)


View and export this data going back to 2009. Start your Free Trial

What is Afarak Group SE 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 (2024-05-05), Afarak Group SE's share price is €0.588. Afarak Group SE's Book Value per Share for the quarter that ended in Dec. 2022 was €0.41. Hence, Afarak Group SE's PB Ratio of today is 1.44.

The historical rank and industry rank for Afarak Group SE's PB Ratio or its related term are showing as below:

CHIX:AFAGRh' s PB Ratio Range Over the Past 10 Years
Min: 0.32   Med: 1.13   Max: 3.57
Current: 0.86

During the past 13 years, Afarak Group SE's highest PB Ratio was 3.57. The lowest was 0.32. And the median was 1.13.

CHIX:AFAGRh's PB Ratio is ranked better than
67.74% of 2393 companies
in the Metals & Mining industry
Industry Median: 1.36 vs CHIX:AFAGRh: 0.86

During the past 3 years, the average Book Value Per Share Growth Rate was 54.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -0.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -11.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Afarak Group SE was 54.20% per year. The lowest was -44.80% per year. And the median was -8.35% per year.

Back to Basics: PB Ratio


Afarak Group SE PB Ratio Historical Data

The historical data trend for Afarak Group SE'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.

Afarak Group SE PB Ratio Chart

Afarak Group SE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.87 2.05 1.27 0.80 1.44

Afarak Group SE Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 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 1.77 1.27 1.08 0.80 1.44

Competitive Comparison of Afarak Group SE's PB Ratio

For the Other Industrial Metals & Mining subindustry, Afarak Group SE'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.


Afarak Group SE's PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Afarak Group SE's PB Ratio distribution charts can be found below:

* The bar in red indicates where Afarak Group SE's PB Ratio falls into.



Afarak Group SE 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.

Afarak Group SE's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2022)
=0.588/0.407
=1.44

* 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.


Afarak Group SE  (CHIX:AFAGRh) 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.


Afarak Group SE PB Ratio Related Terms

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


Afarak Group SE (CHIX:AFAGRH) Business Description

Traded in Other Exchanges
Address
Kaisaniemenkatu 4, Helsinki, FIN, 00100
Afarak Group SE is a chrome mining and minerals producer focused on sustainable growth with a specialty alloys business in southern Europe and a ferroalloys business. The company has two operating segments FerroAlloys and Speciality Alloys. The FerroAlloys business consists of the plant Mogale Alloys, Vlakpoort mine, Zeerust mine, the Stellite mine, and the Mecklenburg mine in South Africa. It produces chrome ore, charge chrome, medium carbon ferrochrome, and silicomanganese. The Speciality Alloys business consists of Turk Maadin Sirketi A.S, the mining and beneficiation operation in Turkey, and Elektrowerk Weisweiler GmbH, the chromite concentrate processing plant in Germany. The company operates in European countries, the United States, China, Africa, Finland, and Other countries.

Afarak Group SE (CHIX:AFAGRH) Headlines

No Headlines