Automotive Finco (Automotive Finco) PB Ratio : 0.43 (As of Jun. 23, 2024)

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What is Automotive Finco 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 (2024-06-23), Automotive Finco's share price is $0.3949. Automotive Finco's Book Value per Share for the quarter that ended in Mar. 2024 was $0.92. Hence, Automotive Finco's PB Ratio of today is 0.43.

Good Sign:

Automotive Finco Corp stock PB Ratio (=0.37) is close to 10-year low of 0.34

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

RMIAF' s PB Ratio Range Over the Past 10 Years
Min: 0.34 Med: 0.87 Max: 1.35
Current: 0.37

During the past 13 years, Automotive Finco's highest PB Ratio was 1.35. The lowest was 0.34. And the median was 0.87.

RMIAF's PB Ratio is ranked better than
82.85% of 513 companies
in the Credit Services industry
Industry Median: 0.99 vs RMIAF: 0.37

During the past 12 months, Automotive Finco's average Book Value Per Share Growth Rate was 8.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -9.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -12.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -10.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Automotive Finco was 21.30% per year. The lowest was -18.90% per year. And the median was -6.90% per year.

Back to Basics: PB Ratio

Automotive Finco PB Ratio Historical Data

The historical data trend for Automotive Finco'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.

Automotive Finco PB Ratio Chart

Automotive Finco Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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0.88

0.92

1.49

1.86

0.33

Automotive Finco Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
PB Ratio	Get a 7-Day Free Trial															1.25	1.19	1.19	0.33	0.33

Competitive Comparison of Automotive Finco's PB Ratio

For the Credit Services subindustry, Automotive Finco'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.

Automotive Finco's PB Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Automotive Finco's PB Ratio distribution charts can be found below:

* The bar in red indicates where Automotive Finco's PB Ratio falls into.

Automotive Finco 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.

Automotive Finco's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Mar. 2024)
	=	0.3949	/	0.92
	=	0.43

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.

Automotive Finco (OTCPK:RMIAF) 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.

Automotive Finco PB Ratio Related Terms

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Automotive Finco (Automotive Finco) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Automotive Finco Corp (OTCPK:RMIAF) » Definitions » PB Ratio

Comparable Companies

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AFCC.H:Canada

Address

Yonge King, PO Box 17026, Toronto, ON, CAN, M5E 1Y2

Website

https://www.autofincocorp.com

Automotive Finco Corp p is a finance company focused exclusively on the auto retail sector. The company also pursues other direct investments and financing opportunities across the auto retail sector. Through its investment in Automotive Finance LP, it is engaged in the business of lending and administering investment funds. The Company has only one operating segment: Investment issuer focused on providing debt financing and making other investments in the auto retail sector.