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IPAS Indexo (ORSE:IDX1R) PB Ratio : 4.05 (As of Dec. 13, 2024)


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What is IPAS Indexo 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 (2024-12-13), IPAS Indexo's share price is €11.80. IPAS Indexo's Book Value per Share for the quarter that ended in Sep. 2024 was €2.91. Hence, IPAS Indexo's PB Ratio of today is 4.05.

Good Sign:

IPAS Indexo stock PB Ratio (=4.19) is close to 3-year low of 3.9

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

ORSE:IDX1R' s PB Ratio Range Over the Past 10 Years
Min: 3.9   Med: 6.55   Max: 8.27
Current: 4.17

During the past 6 years, IPAS Indexo's highest PB Ratio was 8.27. The lowest was 3.90. And the median was 6.55.

ORSE:IDX1R's PB Ratio is ranked worse than
93.56% of 1662 companies
in the Asset Management industry
Industry Median: 0.95 vs ORSE:IDX1R: 4.17

During the past 12 months, IPAS Indexo's average Book Value Per Share Growth Rate was 68.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 32.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 36.40% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of IPAS Indexo was 81.80% per year. The lowest was 3.20% per year. And the median was 32.40% per year.

Back to Basics: PB Ratio


IPAS Indexo PB Ratio Historical Data

The historical data trend for IPAS Indexo'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.

IPAS Indexo PB Ratio Chart

IPAS Indexo Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial - - - 6.40 8.11

IPAS Indexo Quarterly Data
Dec18 Dec19 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 7.91 8.11 3.85 4.71 4.23

Competitive Comparison of IPAS Indexo's PB Ratio

For the Asset Management subindustry, IPAS Indexo'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.


IPAS Indexo's PB Ratio Distribution in the Asset Management Industry

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

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



IPAS Indexo 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.

IPAS Indexo's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=11.80/2.91
=4.05

* 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.


IPAS Indexo  (ORSE:IDX1R) 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.


IPAS Indexo PB Ratio Related Terms

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


IPAS Indexo Business Description

Traded in Other Exchanges
N/A
Address
13-1A Elizabetes Street, Riga, LVA, 1010
IPAS Indexo is a licensed investment management company. It provides asset management services to state-funded pension scheme plans and private pension plans. The company has two segments, Asset management, which generates the majority of its revenue, and Banking development.

IPAS Indexo Headlines

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