Karooooo (Karooooo) PB Ratio : 5.97 (As of May. 05, 2024)

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What is Karooooo 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 (2024-05-05), Karooooo's share price is $28.40. Karooooo's Book Value per Share for the quarter that ended in Nov. 2023 was $4.75. Hence, Karooooo's PB Ratio of today is 5.97.

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

KARO' s PB Ratio Range Over the Past 10 Years
Min: 4.35 Med: 5.72 Max: 15.4
Current: 5.97

During the past 5 years, Karooooo's highest PB Ratio was 15.40. The lowest was 4.35. And the median was 5.72.

KARO's PB Ratio is ranked worse than
77.89% of 2578 companies
in the Software industry
Industry Median: 2.67 vs KARO: 5.97

During the past 12 months, Karooooo's average Book Value Per Share Growth Rate was 6.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 18.60% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Karooooo was 27.50% per year. The lowest was 18.60% per year. And the median was 23.05% per year.

Back to Basics: PB Ratio

Karooooo PB Ratio Historical Data

The historical data trend for Karooooo'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.

Karooooo PB Ratio Chart

Karooooo Annual Data

Trend

Feb19

Feb20

Feb21

Feb22

Feb23

PB Ratio

6.90

5.29

Karooooo Quarterly Data
	Feb19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
PB Ratio	Get a 7-Day Free Trial													5.72	5.29	5.49	5.57	5.26

Competitive Comparison of Karooooo's PB Ratio

For the Software - Application subindustry, Karooooo'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.

Karooooo's PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Karooooo's PB Ratio distribution charts can be found below:

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

Karooooo 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.

Karooooo's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Nov. 2023)
	=	28.40	/	4.754
	=	5.97

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.

Karooooo (NAS:KARO) 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.

Karooooo PB Ratio Related Terms

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

Karooooo (Karooooo) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Karooooo Ltd (NAS:KARO) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

KRO:South Africa

Address

1 Harbourfront Avenue, Keppel Bay Tower No. 14-07, Singapore, SGP, 098632

Website

https://www.karooooo.com

Karooooo Ltd is a global provider of real-time mobility data analytics solutions for smart transportation. It offers a comprehensive, cloud-based smart mobility platform for connected vehicles and other assets. The company's software-as-a-service platform provides customers with differentiated insights and analytics to optimize business and workforce, increase efficiency and decrease costs, improve safety, monitor environmental impact, assist with regularity compliance and manage risk. The segments of the group are Cartrack; Carzuka; and Karooooo Logistics, of which key revenue is derived from the Cartrack segment.