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Green Ballast (Green Ballast) PB Ratio : (As of Jun. 04, 2024)


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What is Green Ballast 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 (2024-06-04), Green Ballast's share price is $24.99. Green Ballast's Book Value per Share for the quarter that ended in Dec. 2014 was $-0.07. Hence, Green Ballast's PB Ratio of today is .

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

GBLL's PB Ratio is not ranked *
in the Industrial Products industry.
Industry Median: 1.89
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


Green Ballast PB Ratio Historical Data

The historical data trend for Green Ballast'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.

Green Ballast PB Ratio Chart

Green Ballast Annual Data
Trend Dec11 Dec12 Dec13 Dec14
PB Ratio
- - - -

Green Ballast Quarterly Data
Sep11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Dec13 Dec14
PB Ratio Get a 7-Day Free Trial Premium Member Only - - - - -

Competitive Comparison of Green Ballast's PB Ratio

For the Electrical Equipment & Parts subindustry, Green Ballast'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.


Green Ballast's PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Green Ballast's PB Ratio distribution charts can be found below:

* The bar in red indicates where Green Ballast's PB Ratio falls into.



Green Ballast 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.

Green Ballast's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2014)
=24.99/-0.074
=

* 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.


Green Ballast  (GREY:GBLL) 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.


Green Ballast PB Ratio Related Terms

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Green Ballast (Green Ballast) Business Description

Traded in Other Exchanges
N/A
Address
2620 Thousand Oaks Boulevard, Suite 4000, Memphis, TN, USA, 38118
Green Ballast Inc develops, markets and distributes energy-efficient electronic ballasts for fluorescent fixtures in the lighting industry. The company's electronic ballast is used with a fluorescent bulb to regulate the amount of electric current delivered to start and operate the bulb. It offers energy-efficient electronic ballasts as an alternative to traditional ballasts and existing daylight harvesting ballasts. Its product daylight harvesting ballasts can be applied to two-lamp, three-lamp, or four-lamp light fixtures.

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