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BH Macro (CHIX:BHMGL) PB Ratio : 0.94 (As of Dec. 14, 2024)


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What is BH Macro 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), BH Macro's share price is £3.735. BH Macro's Book Value per Share for the quarter that ended in Jun. 2024 was £3.98. Hence, BH Macro's PB Ratio of today is 0.94.

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

CHIX:BHMGl' s PB Ratio Range Over the Past 10 Years
Min: 0.81   Med: 1   Max: 1.5
Current: 1.01

During the past 13 years, BH Macro's highest PB Ratio was 1.50. The lowest was 0.81. And the median was 1.00.

CHIX:BHMGl's PB Ratio is ranked worse than
61.19% of 1662 companies
in the Asset Management industry
Industry Median: 0.95 vs CHIX:BHMGl: 1.01

During the past 12 months, BH Macro's average Book Value Per Share Growth Rate was 2.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 7.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 11.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of BH Macro was 17.00% per year. The lowest was -13.10% per year. And the median was 8.25% per year.

Back to Basics: PB Ratio


BH Macro PB Ratio Historical Data

The historical data trend for BH Macro'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.

BH Macro PB Ratio Chart

BH Macro 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 1.02 1.05 1.10 1.08 0.89

BH Macro Quarterly Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 1.13 1.08 0.94 0.89 0.93

Competitive Comparison of BH Macro's PB Ratio

For the Asset Management subindustry, BH Macro'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.


BH Macro's PB Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where BH Macro's PB Ratio falls into.



BH Macro 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.

BH Macro's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2024)
=3.735/3.981
=0.94

* 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.


BH Macro  (CHIX:BHMGl) 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.


BH Macro PB Ratio Related Terms

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


BH Macro Business Description

Traded in Other Exchanges
Address
Trafalgar Court, Les Banques, P.O. Box 255, Saint Peter Port, GGY, GY1 3QL
BH Macro Ltd is a closed-ended investment company. Its investment objective is to generate long-term growth through active leveraged trading on a world-wide basis. As per the investment policy of the company it invests all of its assets in the master fund. The master fund is managed by company's investment manager. The master fund has the flexibility to invest in instruments such as debt securities, obligations, bank loans, listed and unlisted equities, other collective investment schemes, currencies, commodities, futures, options warrants, swaps and other derivative instruments.

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