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Cargills Bank (COL:CBNK.N0000) PB Ratio : (As of Sep. 26, 2024)


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What is Cargills Bank 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 (2024-09-26), Cargills Bank's share price is රු7.50. Cargills Bank's Book Value per Share for the fiscal year that ended in . 20 was රු0.00. Hence, Cargills Bank's PB Ratio of today is .

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

COL:CBNK.N0000's PB Ratio is not ranked *
in the Banks industry.
Industry Median: 0.92
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


Cargills Bank PB Ratio Historical Data

The historical data trend for Cargills Bank'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.

Cargills Bank PB Ratio Chart

Cargills Bank Annual Data
Trend
PB Ratio

Cargills Bank Semi-Annual Data
PB Ratio

Competitive Comparison of Cargills Bank's PB Ratio

For the Banks - Regional subindustry, Cargills Bank'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.


Cargills Bank's PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Cargills Bank's PB Ratio distribution charts can be found below:

* The bar in red indicates where Cargills Bank's PB Ratio falls into.



Cargills Bank 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.

Cargills Bank's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (A: . 20)
=7.50/
=

* 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.


Cargills Bank  (COL:CBNK.N0000) 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.


Cargills Bank PB Ratio Related Terms

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Cargills Bank Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 696, Galle Road, Colombo, LKA, 3
Cargills Bank Ltd is a financial services institution providing a comprehensive range of financial services encompassing accepting deposits, corporate and retail banking, project financing, trade finance, treasury services, issuing of credit cards and debit cards, offshore banking, resident and non-resident foreign currency operations, invoice discounting, electronic banking services such as: telephone banking, internet banking, mobile banking and money remittance facilities, etc.

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