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Primeserv Group (JSE:PMV) PB Ratio : 0.94 (As of Sep. 21, 2024)


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What is Primeserv Group 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 (2024-09-21), Primeserv Group's share price is R2.49. Primeserv Group's Book Value per Share for the quarter that ended in Mar. 2024 was R2.65. Hence, Primeserv Group's PB Ratio of today is 0.94.

Warning Sign:

Primeserv Group Ltd stock PB Ratio (=0.94) is close to 10-year high of 0.94

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

JSE:PMV' s PB Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.46   Max: 0.94
Current: 0.94

During the past 13 years, Primeserv Group's highest PB Ratio was 0.94. The lowest was 0.29. And the median was 0.46.

JSE:PMV's PB Ratio is ranked better than
75.64% of 1018 companies
in the Business Services industry
Industry Median: 1.735 vs JSE:PMV: 0.94

During the past 12 months, Primeserv Group's average Book Value Per Share Growth Rate was 10.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 9.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 8.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 12.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Primeserv Group was 19.80% per year. The lowest was -19.00% per year. And the median was 12.00% per year.

Back to Basics: PB Ratio


Primeserv Group PB Ratio Historical Data

The historical data trend for Primeserv Group'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.

Primeserv Group PB Ratio Chart

Primeserv Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 0.44 0.50 0.52 0.57

Primeserv Group Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 0.50 0.52 0.52 0.52 0.57

Competitive Comparison of Primeserv Group's PB Ratio

For the Staffing & Employment Services subindustry, Primeserv Group'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.


Primeserv Group's PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Primeserv Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where Primeserv Group's PB Ratio falls into.



Primeserv Group 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.

Primeserv Group's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=2.49/2.653
=0.94

* 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.


Primeserv Group  (JSE:PMV) 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.


Primeserv Group PB Ratio Related Terms

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


Primeserv Group Business Description

Traded in Other Exchanges
N/A
Address
25 Rudd Road, Illovo, Sandton, Johanessburg, GT, ZAF, 2196
Primeserv Group Ltd is an investment holding company. The company focuses on business support services delivering specialized human capital management services and solutions. Its operating segment includes Integrated Business Support Services and Shared Services. The company generates maximum revenue from the Integrated Business Support Services segment. It serves various industries such as Agriculture, Automotive, Banking, Construction, Design and Draughting, Transportation, Engineering, Financial and Insurance, Food Production, Government Services, Harbours and Railways, Hospital, Nursing, Medical, Logistics and Distribution Centres, Mechanical, Mining, Paper and Pulp, Petrochemical, Pharmaceutical, Power Generation, Retail and Wholesale, Tourism, Telecoms, Warehousing, Waste Management.

Primeserv Group Headlines

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