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Ceylon Investment (COL:CINV.N0000) PB Ratio : 0.50 (As of Jun. 17, 2024)


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What is Ceylon Investment 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 (2024-06-17), Ceylon Investment's share price is රු56.60. Ceylon Investment's Book Value per Share for the quarter that ended in Dec. 2023 was රු112.31. Hence, Ceylon Investment's PB Ratio of today is 0.50.

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

COL:CINV.N0000' s PB Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.55   Max: 1
Current: 0.5

During the past 13 years, Ceylon Investment's highest PB Ratio was 1.00. The lowest was 0.27. And the median was 0.55.

COL:CINV.N0000's PB Ratio is ranked better than
89.92% of 1687 companies
in the Asset Management industry
Industry Median: 0.94 vs COL:CINV.N0000: 0.50

During the past 12 months, Ceylon Investment's average Book Value Per Share Growth Rate was 30.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 18.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -3.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Ceylon Investment was 41.00% per year. The lowest was -13.40% per year. And the median was 6.05% per year.

Back to Basics: PB Ratio


Ceylon Investment PB Ratio Historical Data

The historical data trend for Ceylon Investment'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.

Ceylon Investment PB Ratio Chart

Ceylon Investment 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 0.50 0.45 0.69 0.41 0.32

Ceylon Investment Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.36 0.32 0.34 0.49 0.40

Competitive Comparison of Ceylon Investment's PB Ratio

For the Asset Management subindustry, Ceylon Investment'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.


Ceylon Investment's PB Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where Ceylon Investment's PB Ratio falls into.



Ceylon Investment 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.

Ceylon Investment's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=56.60/112.31
=0.50

* 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.


Ceylon Investment  (COL:CINV.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.


Ceylon Investment PB Ratio Related Terms

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


Ceylon Investment (COL:CINV.N0000) Business Description

Traded in Other Exchanges
N/A
Address
No. 61, Janadhipathi Mawatha, Colombo, LKA, 01
Ceylon Investment PLC is an investment company which engages in the management of investment portfolios. It holds investments in the beverage, food and tobacco, hotels and travel, telecommunications, power and energy and healthcare sectors. The company is a subsidiary of Carson Cumberbatch PLC. The investment portfolio of the company is managed by Guardian Fund Management Limited.

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