GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Financiera Independencia SAB de CV Sofom E N R (OTCPK:FNCRF) » Definitions » PB Ratio

Financiera IndependenciaB de CV Sofom E N R (Financiera IndependenciaB de CV Sofom E N R) PB Ratio : 0.32 (As of Jun. 14, 2024)


View and export this data going back to 1990. Start your Free Trial

What is Financiera IndependenciaB de CV Sofom E N R 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 (2024-06-14), Financiera IndependenciaB de CV Sofom E N R's share price is $0.31. Financiera IndependenciaB de CV Sofom E N R's Book Value per Share for the quarter that ended in Mar. 2024 was $0.96. Hence, Financiera IndependenciaB de CV Sofom E N R's PB Ratio of today is 0.32.

The historical rank and industry rank for Financiera IndependenciaB de CV Sofom E N R's PB Ratio or its related term are showing as below:

FNCRF' s PB Ratio Range Over the Past 10 Years
Min: 0.28   Med: 0.6   Max: 1.65
Current: 0.62

During the past 13 years, Financiera IndependenciaB de CV Sofom E N R's highest PB Ratio was 1.65. The lowest was 0.28. And the median was 0.60.

FNCRF's PB Ratio is ranked better than
74.46% of 509 companies
in the Credit Services industry
Industry Median: 0.99 vs FNCRF: 0.62

During the past 12 months, Financiera IndependenciaB de CV Sofom E N R's average Book Value Per Share Growth Rate was 11.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 9.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 5.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 5.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Financiera IndependenciaB de CV Sofom E N R was 24.00% per year. The lowest was 1.00% per year. And the median was 5.90% per year.

Back to Basics: PB Ratio


Financiera IndependenciaB de CV Sofom E N R PB Ratio Historical Data

The historical data trend for Financiera IndependenciaB de CV Sofom E N R'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.

Financiera IndependenciaB de CV Sofom E N R PB Ratio Chart

Financiera IndependenciaB de CV Sofom E N R Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.33

Financiera IndependenciaB de CV Sofom E N R Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.39 0.36 0.36 0.33 0.32

Competitive Comparison of Financiera IndependenciaB de CV Sofom E N R's PB Ratio

For the Credit Services subindustry, Financiera IndependenciaB de CV Sofom E N R'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.


Financiera IndependenciaB de CV Sofom E N R's PB Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Financiera IndependenciaB de CV Sofom E N R's PB Ratio distribution charts can be found below:

* The bar in red indicates where Financiera IndependenciaB de CV Sofom E N R's PB Ratio falls into.



Financiera IndependenciaB de CV Sofom E N R 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.

Financiera IndependenciaB de CV Sofom E N R's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=0.31/0.959
=0.32

* 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.


Financiera IndependenciaB de CV Sofom E N R  (OTCPK:FNCRF) 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.


Financiera IndependenciaB de CV Sofom E N R PB Ratio Related Terms

Thank you for viewing the detailed overview of Financiera IndependenciaB de CV Sofom E N R's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Financiera IndependenciaB de CV Sofom E N R (Financiera IndependenciaB de CV Sofom E N R) Business Description

Comparable Companies
Traded in Other Exchanges
Address
Prolongacion Paseo de la Reforma No. 600, Int. 420, Col. Santa Fe Pena Blanca, Mexico DF, MEX, 01210
Financiera Independencia SAB de CV Sofom E N R operates as a microfinance company. The company offers Credipopular for self-employed individuals, CrediMama for mothers with a child, CrediInmediato for employed individuals.

Financiera IndependenciaB de CV Sofom E N R (Financiera IndependenciaB de CV Sofom E N R) Headlines