Propel Funeral Partners (Propel Funeral Partners) PB Ratio : 2.08 (As of May. 20, 2024)

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What is Propel Funeral Partners 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 (2024-05-20), Propel Funeral Partners's share price is $3.00. Propel Funeral Partners's Book Value per Share for the quarter that ended in Dec. 2023 was $1.44. Hence, Propel Funeral Partners's PB Ratio of today is 2.08.

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

PFPLF' s PB Ratio Range Over the Past 10 Years
Min: 1.25 Med: 1.93 Max: 2.71
Current: 2.6

During the past 6 years, Propel Funeral Partners's highest PB Ratio was 2.71. The lowest was 1.25. And the median was 1.93.

PFPLF's PB Ratio is ranked worse than
61.46% of 96 companies
in the Personal Services industry
Industry Median: 1.84 vs PFPLF: 2.60

During the past 12 months, Propel Funeral Partners's average Book Value Per Share Growth Rate was 0.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.50% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Propel Funeral Partners was 5.20% per year. The lowest was 0.70% per year. And the median was 4.40% per year.

Back to Basics: PB Ratio

Propel Funeral Partners PB Ratio Historical Data

The historical data trend for Propel Funeral Partners'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.

Propel Funeral Partners PB Ratio Chart

Propel Funeral Partners Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

PB Ratio

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2.14

Propel Funeral Partners Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial								-	-	-	2.14	2.08

Competitive Comparison of Propel Funeral Partners's PB Ratio

For the Personal Services subindustry, Propel Funeral Partners'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.

Propel Funeral Partners's PB Ratio Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Propel Funeral Partners's PB Ratio distribution charts can be found below:

* The bar in red indicates where Propel Funeral Partners's PB Ratio falls into.

Propel Funeral Partners 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.

Propel Funeral Partners's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	3.00	/	1.444
	=	2.08

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.

Propel Funeral Partners (OTCPK:PFPLF) 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.

Propel Funeral Partners PB Ratio Related Terms

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Propel Funeral Partners (Propel Funeral Partners) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Propel Funeral Partners Ltd (OTCPK:PFPLF) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

PFP:Australia

Address

135 King Street, Level 18.03, Sydney, NSW, AUS, 2000

Website

https://www.propelfuneralpartners.com.au

Propel Funeral Partners Ltd is an Australia-based company engaged in the provision of death care services. The company owns funeral homes, cremation facilities, cemeteries, and related infrastructure in Queensland, New South Wales, Victoria, Tasmania, South Australia, Western Australia, Australian Capital Territory, and New Zealand. It offers a range of services and products across death care such as tailored to personal, religious, or ethnic preferences. The Group is organized into two geographic segments, Australian operations, and New Zealand operations, both of which operate in the death care-related services industry. The Group generates the majority of its revenue from the Australia operations.

Propel Funeral Partners (Propel Funeral Partners) Headlines

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