GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Railtown Capital Corp (TSXV:RLT.P) » Definitions » PB Ratio

Railtown Capital (TSXV:RLT.P) PB Ratio : 6.83 (As of Jun. 09, 2024)


View and export this data going back to 2021. Start your Free Trial

What is Railtown Capital 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 (2024-06-09), Railtown Capital's share price is C$0.43. Railtown Capital's Book Value per Share for the quarter that ended in Feb. 2024 was C$0.06. Hence, Railtown Capital's PB Ratio of today is 6.83.

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

TSXV:RLT.P' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 13.27
Current: 6.83

During the past 5 years, Railtown Capital's highest PB Ratio was 13.27. The lowest was 0.00. And the median was 0.00.

TSXV:RLT.P's PB Ratio is ranked worse than
88.24% of 493 companies
in the Diversified Financial Services industry
Industry Median: 1.82 vs TSXV:RLT.P: 6.83

During the past 12 months, Railtown Capital's average Book Value Per Share Growth Rate was 18.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 50.70% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Railtown Capital was 138.10% per year. The lowest was 50.70% per year. And the median was 94.40% per year.

Back to Basics: PB Ratio


Railtown Capital PB Ratio Historical Data

The historical data trend for Railtown Capital'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.

Railtown Capital PB Ratio Chart

Railtown Capital Annual Data
Trend Sep19 Sep20 Nov21 Nov22 Nov23
PB Ratio
- - 4.10 5.09 7.69

Railtown Capital Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 5.19 3.20 2.55 7.69 6.98

Competitive Comparison of Railtown Capital's PB Ratio

For the Shell Companies subindustry, Railtown Capital'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.


Railtown Capital's PB Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Railtown Capital's PB Ratio distribution charts can be found below:

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



Railtown Capital 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.

Railtown Capital's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Feb. 2024)
=0.43/0.063
=6.83

* 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.


Railtown Capital  (TSXV:RLT.P) 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.


Railtown Capital PB Ratio Related Terms

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


Railtown Capital (TSXV:RLT.P) Business Description

Traded in Other Exchanges
N/A
Address
885 West Georgia Street, Suite 2200, Vancouver, BC, CAN, V6C 3E8
Website
Railtown Capital Corp is searching for new business opportunities.

Railtown Capital (TSXV:RLT.P) Headlines

No Headlines