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Eastern Merchants (COL:EMER.N0000) PB Ratio : (As of Jun. 09, 2024)


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What is Eastern Merchants 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 (2024-06-09), Eastern Merchants's share price is රු7.60. Eastern Merchants's Book Value per Share for the fiscal year that ended in . 20 was රු0.00. Hence, Eastern Merchants's PB Ratio of today is .

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

COL:EMER.N0000's PB Ratio is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 1.51
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


Eastern Merchants PB Ratio Historical Data

The historical data trend for Eastern Merchants'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.

Eastern Merchants PB Ratio Chart

Eastern Merchants Annual Data
Trend
PB Ratio

Eastern Merchants Quarterly Data
PB Ratio

Competitive Comparison of Eastern Merchants's PB Ratio

For the Farm Products subindustry, Eastern Merchants'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.


Eastern Merchants's PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Eastern Merchants's PB Ratio distribution charts can be found below:

* The bar in red indicates where Eastern Merchants's PB Ratio falls into.



Eastern Merchants 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.

Eastern Merchants's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (A: . 20)
=7.60/
=

* 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.


Eastern Merchants  (COL:EMER.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.


Eastern Merchants PB Ratio Related Terms

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


Eastern Merchants (COL:EMER.N0000) Business Description

Traded in Other Exchanges
N/A
Address
No. 240, Torrington Avenue, Colombo, LKA, 07
Eastern Merchants PLC exports traditional and non-traditional commodities such as natural rubber, desiccated coconut and coco fibre, cinnamon, cloves, and pepper. The company generates a majority of its revenue from Exports.

Eastern Merchants (COL:EMER.N0000) Headlines

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