GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Chernomorski Holding AD (XBUL:CHL) » Definitions » PB Ratio

Chernomorski Holding AD (XBUL:CHL) PB Ratio : (As of Sep. 26, 2024)


View and export this data going back to 1998. Start your Free Trial

What is Chernomorski Holding AD 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 (2024-09-26), Chernomorski Holding AD's share price is лв17.60. Chernomorski Holding AD's Book Value per Share for the fiscal year that ended in . 20 was лв0.00. Hence, Chernomorski Holding AD's PB Ratio of today is .

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

XBUL:CHL's PB Ratio is not ranked *
in the Insurance industry.
Industry Median: 1.315
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


Chernomorski Holding AD PB Ratio Historical Data

The historical data trend for Chernomorski Holding AD'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.

Chernomorski Holding AD PB Ratio Chart

Chernomorski Holding AD Annual Data
Trend
PB Ratio

Chernomorski Holding AD Semi-Annual Data
PB Ratio

Competitive Comparison of Chernomorski Holding AD's PB Ratio

For the Insurance - Diversified subindustry, Chernomorski Holding AD'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.


Chernomorski Holding AD's PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Chernomorski Holding AD's PB Ratio distribution charts can be found below:

* The bar in red indicates where Chernomorski Holding AD's PB Ratio falls into.



Chernomorski Holding AD 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.

Chernomorski Holding AD's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (A: . 20)
=17.60/
=

* 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.


Chernomorski Holding AD  (XBUL:CHL) 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.


Chernomorski Holding AD PB Ratio Related Terms

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


Chernomorski Holding AD Business Description

Traded in Other Exchanges
N/A
Address
ul. Rilska 9, et. 1, Bourgas, BGR
Chernomorski Holding AD provides financing and insurance activities.

Chernomorski Holding AD Headlines

From GuruFocus

Matthews China Fund Made 6 New Buys in 2nd Quarter

By David Goodloe David Goodloe 07-29-2016

Stocks That Fell to 3-Year Lows in the Week of June 1

By Shuda Xia Shuda Xia 06-03-2018

Risk-Reward With China Mobile

By Jonathan Poland Jonathan Poland 01-29-2018

3-High Earnings Yield Stocks

By Alberto Abaterusso Alberto Abaterusso 05-21-2019

Income Investors Should Look for Opportunities Outside the U.S. in 2020

By Dilantha De Silva Dilantha De Silva 01-07-2020