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International Parkside Products (TSXV:IPD) PB Ratio : 1.73 (As of May. 26, 2024)


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What is International Parkside Products 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 (2024-05-26), International Parkside Products's share price is C$0.045. International Parkside Products's Book Value per Share for the quarter that ended in Jan. 2024 was C$0.03. Hence, International Parkside Products's PB Ratio of today is 1.73.

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

TSXV:IPD' s PB Ratio Range Over the Past 10 Years
Min: 0.51   Med: 1.33   Max: 3.04
Current: 1.73

During the past 13 years, International Parkside Products's highest PB Ratio was 3.04. The lowest was 0.51. And the median was 1.33.

TSXV:IPD's PB Ratio is ranked better than
67.95% of 1532 companies
in the Chemicals industry
Industry Median: 1.62 vs TSXV:IPD: 1.73

During the past 12 months, International Parkside Products's average Book Value Per Share Growth Rate was -25.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -22.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -19.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -10.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of International Parkside Products was 75.90% per year. The lowest was -22.30% per year. And the median was -0.40% per year.

Back to Basics: PB Ratio


International Parkside Products PB Ratio Historical Data

The historical data trend for International Parkside Products'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.

International Parkside Products PB Ratio Chart

International Parkside Products Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.43 1.43 1.82 1.25 3.04

International Parkside Products Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 1.43 1.21 3.04 2.08 0.96

Competitive Comparison of International Parkside Products's PB Ratio

For the Specialty Chemicals subindustry, International Parkside Products'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.


International Parkside Products's PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, International Parkside Products's PB Ratio distribution charts can be found below:

* The bar in red indicates where International Parkside Products's PB Ratio falls into.



International Parkside Products 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.

International Parkside Products's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jan. 2024)
=0.045/0.026
=1.73

* 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.


International Parkside Products  (TSXV:IPD) 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.


International Parkside Products PB Ratio Related Terms

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


International Parkside Products (TSXV:IPD) Business Description

Traded in Other Exchanges
N/A
Address
304 – 788 Beatty Street, Vancouver, BC, CAN, V6B 2M1
International Parkside Products Inc through its subsidiaries is engaged in the business of producing and marketing optical and screen cleaning products. It uses patented carbon black and LCF technology for international distribution. It offers optical lens cleaning devices such as LensPen, PEEPS, DigiKlear, Mini-Pro, Mini-Pro II, MicroPro, Smartphone camera cleaner, Laptop Pro, ScreenKlean, FilterKlear, DSLR Pro Kit, SensorKlear, SensorKlear Loupe Kit, SmartKlear, HunterPro Kits, Outdoor Pro Kits, FogKlear, Photo Pro Kits, Hurricane blower, and Microfiber cloth. The company sells its product globally including North America which generates the majority of its revenue, Europe, Japan, Asia, Russia, Australia/New Zealand other countries.
Executives
Murray Keating 10% Security Holder

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