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Proximar Seafood AS (OSL:PROXI) PB Ratio : 0.57 (As of May. 22, 2024)


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What is Proximar Seafood AS 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 (2024-05-22), Proximar Seafood AS's share price is kr3.57. Proximar Seafood AS's Book Value per Share for the quarter that ended in Dec. 2023 was kr6.24. Hence, Proximar Seafood AS's PB Ratio of today is 0.57.

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

OSL:PROXI' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 20.05
Current: 0.57

During the past 6 years, Proximar Seafood AS's highest PB Ratio was 20.05. The lowest was 0.00. And the median was 0.00.

OSL:PROXI's PB Ratio is ranked better than
86.48% of 1805 companies
in the Consumer Packaged Goods industry
Industry Median: 1.54 vs OSL:PROXI: 0.57

During the past 12 months, Proximar Seafood AS's average Book Value Per Share Growth Rate was -30.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 100.00% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Proximar Seafood AS was 100.00% per year. The lowest was 100.00% per year. And the median was 100.00% per year.

Back to Basics: PB Ratio


Proximar Seafood AS PB Ratio Historical Data

The historical data trend for Proximar Seafood AS'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.

Proximar Seafood AS PB Ratio Chart

Proximar Seafood AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial - - 0.73 0.39 0.44

Proximar Seafood AS Quarterly Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.39 0.51 0.66 0.81 0.44

Competitive Comparison of Proximar Seafood AS's PB Ratio

For the Farm Products subindustry, Proximar Seafood AS'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.


Proximar Seafood AS's PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Proximar Seafood AS's PB Ratio distribution charts can be found below:

* The bar in red indicates where Proximar Seafood AS's PB Ratio falls into.



Proximar Seafood AS 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.

Proximar Seafood AS's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=3.57/6.24
=0.57

* 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.


Proximar Seafood AS  (OSL:PROXI) 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.


Proximar Seafood AS PB Ratio Related Terms

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


Proximar Seafood AS (OSL:PROXI) Business Description

Traded in Other Exchanges
Address
Edvard Griegs vei 3C, Bergen, NOR, 5059
Proximar Seafood AS is a land-based salmon farming company in the process of constructing a fish farm for Atlantic salmon in Japan. It produces Atlantic salmon which involves free of medication and without impact from traditional challenges such as lice and microplastics and the fish is isolated from the marine surrounding environment.

Proximar Seafood AS (OSL:PROXI) Headlines

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