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Sikder Insurance Co (DHA:SICL) PB Ratio : 1.49 (As of Apr. 16, 2025)


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What is Sikder Insurance Co 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 (2025-04-16), Sikder Insurance Co's share price is BDT24.90. Sikder Insurance Co's Book Value per Share for the quarter that ended in Sep. 2024 was BDT16.67. Hence, Sikder Insurance Co's PB Ratio of today is 1.49.

The historical rank and industry rank for Sikder Insurance Co's PB Ratio or its related term are showing as below:

DHA:SICL' s PB Ratio Range Over the Past 10 Years
Min: 1.01   Med: 1.4   Max: 2.05
Current: 1.49

During the past 0 years, Sikder Insurance Co's highest PB Ratio was 2.05. The lowest was 1.01. And the median was 1.40.

DHA:SICL's PB Ratio is ranked worse than
61.52% of 486 companies
in the Insurance industry
Industry Median: 1.23 vs DHA:SICL: 1.49

Back to Basics: PB Ratio


Sikder Insurance Co PB Ratio Historical Data

The historical data trend for Sikder Insurance Co'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.

Sikder Insurance Co PB Ratio Chart

Sikder Insurance Co Annual Data
Trend
PB Ratio

Sikder Insurance Co Quarterly Data
Mar23 Jun23 Sep23 Mar24 Jun24 Sep24
PB Ratio Get a 7-Day Free Trial - - 1.97 1.80 1.47

Competitive Comparison of Sikder Insurance Co's PB Ratio

For the Insurance - Diversified subindustry, Sikder Insurance Co'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.


Sikder Insurance Co's PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Sikder Insurance Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Sikder Insurance Co's PB Ratio falls into.


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Sikder Insurance Co 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.

Sikder Insurance Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=24.90/16.668
=1.49

* 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.


Sikder Insurance Co  (DHA:SICL) 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.


Sikder Insurance Co PB Ratio Related Terms

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


Sikder Insurance Co Business Description

Traded in Other Exchanges
N/A
Address
295/Ja/14, Rayer Bazar, Monica Estate, Dhaka, BGD, 1209
Sikder Insurance Co Ltd underwrites major insurance businesses such as Fire Accidental Damage on Property Insurance, Marine Cargo Insurance, Marine Hull, Liability Insurance, Aviation Insurance, Motor Insurance, Engineering Insurance & Miscellaneous Insurance. It run all types of General Insurance Businesses other than Life Insurance Business.

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