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Big Pharma Split (TSX:PRM.PR.A.PFD) PB Ratio : (As of Apr. 29, 2024)


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What is Big Pharma Split 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 (2024-04-29), Big Pharma Split's share price is C$9.50. Big Pharma Split's Book Value per Share for the fiscal year that ended in Dec. 2023 was C$0.00. Hence, Big Pharma Split's PB Ratio of today is .

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

TSX:PRM.PR.A.PFD' s PB Ratio Range Over the Past 10 Years
Min: 0.59   Med: 0.94   Max: 1.1
Current: 1

During the past 7 years, Big Pharma Split's highest PB Ratio was 1.10. The lowest was 0.59. And the median was 0.94.

TSX:PRM.PR.A.PFD's PB Ratio is ranked worse than
61.68% of 1691 companies
in the Asset Management industry
Industry Median: 0.93 vs TSX:PRM.PR.A.PFD: 1.00

During the past 12 months, Big Pharma Split's average Book Value Per Share Growth Rate was -11.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -1.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -3.60% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Big Pharma Split was 0.90% per year. The lowest was -5.40% per year. And the median was -1.20% per year.

Back to Basics: PB Ratio


Big Pharma Split PB Ratio Historical Data

The historical data trend for Big Pharma Split'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.

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Big Pharma Split PB Ratio Chart

Big Pharma Split Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
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Big Pharma Split Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Big Pharma Split's PB Ratio

For the Asset Management subindustry, Big Pharma Split'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.


Big Pharma Split's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Big Pharma Split's PB Ratio distribution charts can be found below:

* The bar in red indicates where Big Pharma Split's PB Ratio falls into.



Big Pharma Split 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.

Big Pharma Split's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (A: Dec. 2023)
=9.50/
=

* 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.


Big Pharma Split  (TSX:PRM.PR.A.PFD) 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.


Big Pharma Split PB Ratio Related Terms

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Big Pharma Split (TSX:PRM.PR.A.PFD) Business Description

Traded in Other Exchanges
Address
610 Chartwell Road, Suite 204, Oakville, ON, CAN, L6J 4A5
Big Pharma Split Corp is a mutual fund corporation. Its investment objective is to provide shareholders with fixed cumulative preferential quarterly cash distributions, and regular monthly cash distributions. The company has a presence in the United States; Switzerland; France and United Kingdom.

Big Pharma Split (TSX:PRM.PR.A.PFD) Headlines

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