GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Palmer Square Capital BDC Inc (NYSE:PSBD) » Definitions » PB Ratio

PSBD (Palmer Square Capital BDC) PB Ratio : 0.96 (As of Dec. 11, 2024)


View and export this data going back to 2024. Start your Free Trial

What is Palmer Square Capital BDC 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 (2024-12-11), Palmer Square Capital BDC's share price is $15.91. Palmer Square Capital BDC's Book Value per Share for the quarter that ended in Sep. 2024 was $16.61. Hence, Palmer Square Capital BDC's PB Ratio of today is 0.96.

The historical rank and industry rank for Palmer Square Capital BDC's PB Ratio or its related term are showing as below:

PSBD' s PB Ratio Range Over the Past 10 Years
Min: 0.94   Med: 0.97   Max: 1.17
Current: 0.96

During the past 4 years, Palmer Square Capital BDC's highest PB Ratio was 1.17. The lowest was 0.94. And the median was 0.97.

PSBD's PB Ratio is ranked worse than
51.11% of 1661 companies
in the Asset Management industry
Industry Median: 0.95 vs PSBD: 0.96

During the past 12 months, Palmer Square Capital BDC's average Book Value Per Share Growth Rate was 19.40% per year.

Back to Basics: PB Ratio


Palmer Square Capital BDC PB Ratio Historical Data

The historical data trend for Palmer Square Capital BDC'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.

Palmer Square Capital BDC PB Ratio Chart

Palmer Square Capital BDC Annual Data
Trend Dec20 Dec21 Dec22 Dec23
PB Ratio
- - - -

Palmer Square Capital BDC Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 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 Premium Member Only Premium Member Only Premium Member Only - - 0.95 0.96 0.98

Competitive Comparison of Palmer Square Capital BDC's PB Ratio

For the Asset Management subindustry, Palmer Square Capital BDC'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.


Palmer Square Capital BDC's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Palmer Square Capital BDC's PB Ratio distribution charts can be found below:

* The bar in red indicates where Palmer Square Capital BDC's PB Ratio falls into.



Palmer Square Capital BDC 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.

Palmer Square Capital BDC's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=15.91/16.612
=0.96

* 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.


Palmer Square Capital BDC  (NYSE:PSBD) 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.


Palmer Square Capital BDC PB Ratio Related Terms

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


Palmer Square Capital BDC Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
1900 Shawnee Mission Parkway, Suite 315, Mission Woods, KS, USA, 66205
Palmer Square Capital BDC Inc is a financial services company that lends to and invests in corporate debt securities of companies, including small to large private U.S. companies. Their investment objective is to maximize total return, comprised of current income and capital appreciation.