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Abundante (SGX:570) PB Ratio : 1.32 (As of Apr. 07, 2025)


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What is Abundante 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 (2025-04-07), Abundante's share price is S$0.235. Abundante's Book Value per Share for the quarter that ended in Aug. 2024 was S$0.18. Hence, Abundante's PB Ratio of today is 1.32.

Warning Sign:

Abundante Ltd stock PB Ratio (=1.32) is close to 5-year high of 1.34.

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

SGX:570' s PB Ratio Range Over the Past 10 Years
Min: 0.31   Med: 1.19   Max: 2.28
Current: 1.32

During the past 13 years, Abundante's highest PB Ratio was 2.28. The lowest was 0.31. And the median was 1.19.

SGX:570's PB Ratio is not ranked
in the Business Services industry.
Industry Median: 1.62 vs SGX:570: 1.32

During the past 12 months, Abundante's average Book Value Per Share Growth Rate was 4.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 6.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -0.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -8.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Abundante was 14.10% per year. The lowest was -21.80% per year. And the median was 6.35% per year.

Back to Basics: PB Ratio


Abundante PB Ratio Historical Data

The historical data trend for Abundante'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.

Abundante PB Ratio Chart

Abundante Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.67 0.97 0.82 0.84 1.19

Abundante Semi-Annual Data
Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24
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 Premium Member Only 0.90 0.84 1.23 1.19 1.12

Competitive Comparison of Abundante's PB Ratio

For the Rental & Leasing Services subindustry, Abundante'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.


Abundante's PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Abundante's PB Ratio distribution charts can be found below:

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


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Abundante 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.

Abundante's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Aug. 2024)
=0.235/0.178
=1.32

* 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.


Abundante  (SGX:570) 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.


Abundante PB Ratio Related Terms

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


Abundante Business Description

Traded in Other Exchanges
N/A
Address
160 Paya Lebar Road, No. 07-09 Orion, Singapore, SGP, 409022
Abundante Ltd formerly Transit-Mixed Concrete Ltd is an investment holding company supplying ready-mixed concrete and the manufacture and sale of ready-mixed concrete. It operates through two business segments, The Concrete Pumping Services segment is involved in the rental of concrete pumping services, and the Waste Management segment is engaged in the provision of waste management services including sewer pipeline inspection with a video camera. It derives income through its concrete pumping services which account for its revenues through its operations in Singapore.

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