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PT Goto Gojek Tokopedia Tbk (FRA:CK8) PB Ratio : 2.00 (As of Dec. 12, 2024)


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What is PT Goto Gojek Tokopedia Tbk 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 (2024-12-12), PT Goto Gojek Tokopedia Tbk's share price is €0.004. PT Goto Gojek Tokopedia Tbk's Book Value per Share for the quarter that ended in Sep. 2024 was €0.00. Hence, PT Goto Gojek Tokopedia Tbk's PB Ratio of today is 2.00.

The historical rank and industry rank for PT Goto Gojek Tokopedia Tbk's PB Ratio or its related term are showing as below:

FRA:CK8' s PB Ratio Range Over the Past 10 Years
Min: 0.51   Med: 1.49   Max: 2.63
Current: 2.44

During the past 6 years, PT Goto Gojek Tokopedia Tbk's highest PB Ratio was 2.63. The lowest was 0.51. And the median was 1.49.

FRA:CK8's PB Ratio is ranked better than
59.16% of 2571 companies
in the Software industry
Industry Median: 2.91 vs FRA:CK8: 2.44

During the past 12 months, PT Goto Gojek Tokopedia Tbk's average Book Value Per Share Growth Rate was -71.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 27.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 43.20% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of PT Goto Gojek Tokopedia Tbk was 101.70% per year. The lowest was 27.40% per year. And the median was 99.60% per year.

Back to Basics: PB Ratio


PT Goto Gojek Tokopedia Tbk PB Ratio Historical Data

The historical data trend for PT Goto Gojek Tokopedia Tbk'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.

PT Goto Gojek Tokopedia Tbk PB Ratio Chart

PT Goto Gojek Tokopedia Tbk Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial - - - - 1.75

PT Goto Gojek Tokopedia Tbk Quarterly Data
Dec18 Dec19 Dec20 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 - 1.75 3.00 1.00 1.25

Competitive Comparison of PT Goto Gojek Tokopedia Tbk's PB Ratio

For the Software - Infrastructure subindustry, PT Goto Gojek Tokopedia Tbk'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.


PT Goto Gojek Tokopedia Tbk's PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, PT Goto Gojek Tokopedia Tbk's PB Ratio distribution charts can be found below:

* The bar in red indicates where PT Goto Gojek Tokopedia Tbk's PB Ratio falls into.



PT Goto Gojek Tokopedia Tbk 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.

PT Goto Gojek Tokopedia Tbk's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=0.004/0.002
=2.00

* 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.


PT Goto Gojek Tokopedia Tbk  (FRA:CK8) 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.


PT Goto Gojek Tokopedia Tbk PB Ratio Related Terms

Thank you for viewing the detailed overview of PT Goto Gojek Tokopedia Tbk's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


PT Goto Gojek Tokopedia Tbk Business Description

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Traded in Other Exchanges
Address
Jalan Iskandarsyah II No. 2, Gedung Pasaraya Blok M, 6-7th Floor, Jakarta, IDN, 12160
GoTo is an Indonesian ecosystem that combines ride-hailing, delivery, and financial services under one app. The company operates primarily in Indonesia and is the product of a merger between Gojek and Tokopedia in May 2021, but recently divested the e-commerce business into a combined entity with TikTok Indonesia in 2024. Looking ahead, we expect the on-demand service to account for the majority of revenue while its financial services begin to ramp. Prior to the deconsolidation, 82% of nonfinancial services gross transactional value came from e-commerce, and the firm will begin to expand into financial services such as providing loans and buy now, pay later programs. The company competes with Grab in the ride-hailing and delivery business, and Sea and Lazada for e-commerce.

PT Goto Gojek Tokopedia Tbk Headlines

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