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Express Catering (XJAM:ECL) PB Ratio : (As of Jun. 22, 2024)


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What is Express Catering 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 (2024-06-22), Express Catering's share price is JMD3.92. Express Catering's Book Value per Share for the fiscal year that ended in . 20 was JMD0.00. Hence, Express Catering's PB Ratio of today is .

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

XJAM:ECL's PB Ratio is not ranked *
in the Restaurants industry.
Industry Median: 2.63
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


Express Catering PB Ratio Historical Data

The historical data trend for Express Catering'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.

Express Catering PB Ratio Chart

Express Catering Annual Data
Trend
PB Ratio

Express Catering Semi-Annual Data
PB Ratio

Competitive Comparison of Express Catering's PB Ratio

For the Restaurants subindustry, Express Catering'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.


Express Catering's PB Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Express Catering's PB Ratio distribution charts can be found below:

* The bar in red indicates where Express Catering's PB Ratio falls into.



Express Catering 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.

Express Catering's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (A: . 20)
=3.92/
=

* 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.


Express Catering  (XJAM:ECL) 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.


Express Catering PB Ratio Related Terms

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


Express Catering (XJAM:ECL) Business Description

Traded in Other Exchanges
N/A
Address
Unit 16 M19 Southern Cross Boulevard, Montego Bay Freeport, St. James, Montego Bay, JAM
Website
Express Catering Ltd is engaged in providing food and beverage services at the Sangster International Airport in Montego Bay.

Express Catering (XJAM:ECL) Headlines