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Commercial Credit and Finance (COL:COCR.N0000) PB Ratio : 0.62 (As of Dec. 14, 2024)


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What is Commercial Credit and Finance 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), Commercial Credit and Finance's share price is රු49.00. Commercial Credit and Finance's Book Value per Share for the quarter that ended in Sep. 2024 was රු78.44. Hence, Commercial Credit and Finance's PB Ratio of today is 0.62.

The historical rank and industry rank for Commercial Credit and Finance's PB Ratio or its related term are showing as below:

COL:COCR.N0000' s PB Ratio Range Over the Past 10 Years
Min: 0.28   Med: 0.64   Max: 3.34
Current: 0.6

During the past 13 years, Commercial Credit and Finance's highest PB Ratio was 3.34. The lowest was 0.28. And the median was 0.64.

COL:COCR.N0000's PB Ratio is ranked better than
78.47% of 511 companies
in the Credit Services industry
Industry Median: 1.12 vs COL:COCR.N0000: 0.60

During the past 12 months, Commercial Credit and Finance's average Book Value Per Share Growth Rate was 17.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 16.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 13.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 17.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Commercial Credit and Finance was 102.90% per year. The lowest was 6.10% per year. And the median was 21.00% per year.

Back to Basics: PB Ratio


Commercial Credit and Finance PB Ratio Historical Data

The historical data trend for Commercial Credit and Finance'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.

Commercial Credit and Finance PB Ratio Chart

Commercial Credit and Finance Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.40 0.44 0.42 0.41 0.46

Commercial Credit and Finance Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.52 0.42 0.46 0.48 0.45

Competitive Comparison of Commercial Credit and Finance's PB Ratio

For the Credit Services subindustry, Commercial Credit and Finance'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.


Commercial Credit and Finance's PB Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Commercial Credit and Finance's PB Ratio distribution charts can be found below:

* The bar in red indicates where Commercial Credit and Finance's PB Ratio falls into.



Commercial Credit and Finance 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.

Commercial Credit and Finance's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=49.00/78.439
=0.62

* 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.


Commercial Credit and Finance  (COL:COCR.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.


Commercial Credit and Finance PB Ratio Related Terms

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


Commercial Credit and Finance Business Description

Traded in Other Exchanges
N/A
Address
Number 106, Yatinuwara Veediya, Kandy, LKA
Commercial Credit and Finance PLC provides financial services to its customers. The company's services include acceptance of deposits, granting lease facilities, hire purchase, personal loans, microloans, pawning and other credit facilities, real estate development, and related services. Its products consist of fixed deposits, fixed savers, leasing and hire purchases, gold loans, term loans, educational loans, short-term loans, microfinance, investment advice, and factoring. Its segments consist of Finance Lease, Hire Purchase, Microfinance and SME Loans, Gold Loan, Term Loan, Revolving Loans, and Investments. The majority of the revenue is received from the Hire Purchase segment.

Commercial Credit and Finance Headlines

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