Purple Group (JSE:PPE) PB Ratio : 1.83 (As of May. 25, 2024)

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What is Purple 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 (2024-05-25), Purple Group's share price is R0.76. Purple Group's Book Value per Share for the quarter that ended in Feb. 2024 was R0.42. Hence, Purple Group's PB Ratio of today is 1.83.

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

JSE:PPE' s PB Ratio Range Over the Past 10 Years
Min: 0.51 Med: 1.67 Max: 10.21
Current: 1.87

During the past 13 years, Purple Group's highest PB Ratio was 10.21. The lowest was 0.51. And the median was 1.67.

JSE:PPE's PB Ratio is ranked worse than
50.2% of 508 companies
in the Diversified Financial Services industry
Industry Median: 1.865 vs JSE:PPE: 1.87

During the past 12 months, Purple Group's average Book Value Per Share Growth Rate was 9.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 10.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 7.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 2.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Purple Group was 311.20% per year. The lowest was -29.00% per year. And the median was -0.95% per year.

Back to Basics: PB Ratio

Purple Group PB Ratio Historical Data

The historical data trend for Purple 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.

Purple Group PB Ratio Chart

Purple Group Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

PB Ratio

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1.03

2.43

4.35

5.21

2.08

Purple Group Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
PB Ratio	Get a 7-Day Free Trial															7.16	5.21	3.33	2.08	1.30

Competitive Comparison of Purple Group's PB Ratio

For the Financial Conglomerates subindustry, Purple 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.

Purple Group's PB Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Purple Group's PB Ratio distribution charts can be found below:

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

Purple 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.

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

PB Ratio	=	Share Price	/	Book Value per Share (Q: Feb. 2024)
	=	0.76	/	0.416
	=	1.83

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Purple Group (JSE:PPE) 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.

Purple Group PB Ratio Related Terms

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Purple Group (JSE:PPE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Purple Group Ltd (JSE:PPE) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

173 Oxford Road, WeWork - Coworking & Office Space1F, Rosebank, Johannesburg, GT, ZAF, 2196

Website

https://www.purplegroup.co.za

Purple Group Ltd operates as a financial services company, which engages in derivatives trading and asset management. It operates its business through the following segments: GT247.com and Emperor Asset Management (EAM); EasyEquities Group and Head Office and Investments. The GT247.com and EAM segment involves trading and asset management operations. The EasyEquities segment is the web-based investment platform of the Group and includes EasyProperties, EasyCrypto, and RISE. The Head Office and Investments represent fees and dividends earned on investments and fair value adjustments made against them, as well as head office costs.

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