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CAL Bank (XGHA:CAL) PB Ratio : (As of May. 25, 2024)


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What is CAL Bank 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 (2024-05-25), CAL Bank's share price is GHS0.35. CAL Bank's Book Value per Share for the quarter that ended in Dec. 2023 was GHS-0.17. Hence, CAL Bank's PB Ratio of today is .

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

During the past 13 years, CAL Bank's highest PB Ratio was 3.10. The lowest was 0.32. And the median was 0.80.

XGHA:CAL's PB Ratio is not ranked *
in the Banks industry.
Industry Median: 0.86
* Ranked among companies with meaningful PB Ratio only.

During the past 12 months, CAL Bank's average Book Value Per Share Growth Rate was -126.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of CAL Bank was 35.90% per year. The lowest was -14.70% per year. And the median was 18.20% per year.

Back to Basics: PB Ratio


CAL Bank PB Ratio Historical Data

The historical data trend for CAL Bank'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.

CAL Bank PB Ratio Chart

CAL Bank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.60 0.38 0.42 0.77 -

CAL Bank Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.42 0.37 0.77 0.59 -

Competitive Comparison of CAL Bank's PB Ratio

For the Banks - Regional subindustry, CAL Bank'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.


CAL Bank's PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, CAL Bank's PB Ratio distribution charts can be found below:

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



CAL Bank 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.

CAL Bank's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=0.35/-0.173
=

* 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.


CAL Bank  (XGHA:CAL) 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.


CAL Bank PB Ratio Related Terms

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


CAL Bank (XGHA:CAL) Business Description

Traded in Other Exchanges
N/A
Address
23 Independence Avenue, P.O. Box 14596, Accra, GHA
CAL Bank Ltd is engaged in providing banking solutions. Its reportable segments are Corporate Banking, Retail & Business Banking, Treasury, Brokerage, & Asset Management. Corporate Banking is responsible for providing loans & other credit facilities, deposits & other transactions & balances to corporate clients, institutional clients, & public sector entities. The Treasury segment undertakes the Bank's funding & centralized risk management activities through borrowings & investing in liquid assets. The Retail & Business Banking segment provides loans & overdrafts, & handles the deposits & other transactions of SMEs, & individual customers such as funds transfer, standing orders, and ATM Card services. The majority is from Retail & business banking. The key revenue is from Greater Accra.