GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Gulf Investment Fund PLC (LSE:GIFS) » Definitions » PB Ratio

Gulf Investment Fund (LSE:GIFS) PB Ratio : 0.95 (As of May. 16, 2024)


View and export this data going back to 2007. Start your Free Trial

What is Gulf Investment Fund 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 (2024-05-16), Gulf Investment Fund's share price is $2.41. Gulf Investment Fund's Book Value per Share for the quarter that ended in Dec. 2023 was $2.54. Hence, Gulf Investment Fund's PB Ratio of today is 0.95.

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

LSE:GIFS' s PB Ratio Range Over the Past 10 Years
Min: 0.63   Med: 0.93   Max: 1.36
Current: 0.92

During the past 13 years, Gulf Investment Fund's highest PB Ratio was 1.36. The lowest was 0.63. And the median was 0.93.

LSE:GIFS's PB Ratio is ranked better than
58.29% of 1688 companies
in the Asset Management industry
Industry Median: 0.95 vs LSE:GIFS: 0.92

During the past 12 months, Gulf Investment Fund's average Book Value Per Share Growth Rate was 27.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 24.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 15.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 5.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Gulf Investment Fund was 24.10% per year. The lowest was -8.60% per year. And the median was 9.80% per year.

Back to Basics: PB Ratio


Gulf Investment Fund PB Ratio Historical Data

The historical data trend for Gulf Investment Fund'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.

Gulf Investment Fund PB Ratio Chart

Gulf Investment Fund Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.89 0.93 0.94 1.00 1.02

Gulf Investment Fund Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.92 1.00 0.95 1.02 0.87

Competitive Comparison of Gulf Investment Fund's PB Ratio

For the Asset Management subindustry, Gulf Investment Fund'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.


Gulf Investment Fund's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Gulf Investment Fund's PB Ratio distribution charts can be found below:

* The bar in red indicates where Gulf Investment Fund's PB Ratio falls into.



Gulf Investment Fund 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.

Gulf Investment Fund's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=2.41/2.535
=0.95

* 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.


Gulf Investment Fund  (LSE:GIFS) 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.


Gulf Investment Fund PB Ratio Related Terms

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


Gulf Investment Fund (LSE:GIFS) Business Description

Traded in Other Exchanges
N/A
Address
54-62 Athol Street, Exchange House, Douglas, IMN, IM1 1JD
Gulf Investment Fund PLC is a closed-ended investment company. Its investment objective is to capture, through the medium of the Qatar Exchange, the opportunities for growth offered by the expanding Qatari economy by investing in listed companies or companies soon to be listed. The company's segmental operation comprises the investment in a portfolio of equity securities in the GCC region.

Gulf Investment Fund (LSE:GIFS) Headlines

No Headlines