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Mirae Asset Venture Investment Co (XKRX:100790) PB Ratio : 0.78 (As of Dec. 14, 2024)


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What is Mirae Asset Venture Investment Co 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 (2024-12-14), Mirae Asset Venture Investment Co's share price is ₩5290.00. Mirae Asset Venture Investment Co's Book Value per Share for the quarter that ended in Sep. 2024 was ₩6,770.10. Hence, Mirae Asset Venture Investment Co's PB Ratio of today is 0.78.

Good Sign:

Mirae Asset Venture Investment Co Ltd stock PB Ratio (=0.74) is close to 2-year low of 0.69

The historical rank and industry rank for Mirae Asset Venture Investment Co's PB Ratio or its related term are showing as below:

XKRX:100790' s PB Ratio Range Over the Past 10 Years
Min: 0.69   Med: 0.83   Max: 1.07
Current: 0.74

During the past 6 years, Mirae Asset Venture Investment Co's highest PB Ratio was 1.07. The lowest was 0.69. And the median was 0.83.

XKRX:100790's PB Ratio is ranked better than
77.56% of 1662 companies
in the Asset Management industry
Industry Median: 0.94 vs XKRX:100790: 0.74

During the past 12 months, Mirae Asset Venture Investment Co's average Book Value Per Share Growth Rate was 5.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 8.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -14.40% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Mirae Asset Venture Investment Co was 8.10% per year. The lowest was -41.70% per year. And the median was 5.60% per year.

Back to Basics: PB Ratio


Mirae Asset Venture Investment Co PB Ratio Historical Data

The historical data trend for Mirae Asset Venture Investment Co'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.

Mirae Asset Venture Investment Co PB Ratio Chart

Mirae Asset Venture Investment Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
PB Ratio
Get a 7-Day Free Trial - - - - -

Mirae Asset Venture Investment Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - 0.89 0.86 0.87 0.78

Competitive Comparison of Mirae Asset Venture Investment Co's PB Ratio

For the Asset Management subindustry, Mirae Asset Venture Investment Co'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.


Mirae Asset Venture Investment Co's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Mirae Asset Venture Investment Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Mirae Asset Venture Investment Co's PB Ratio falls into.



Mirae Asset Venture Investment Co 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.

Mirae Asset Venture Investment Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=5290.00/6770.097
=0.78

* 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.


Mirae Asset Venture Investment Co  (XKRX:100790) 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.


Mirae Asset Venture Investment Co PB Ratio Related Terms

Thank you for viewing the detailed overview of Mirae Asset Venture Investment Co's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Mirae Asset Venture Investment Co Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
20, Pangyoyeok-ro 241beon-gil, Bundang-gu, Gyeonggi-do, Seongnam-si, KOR
Mirae Asset Venture Investment Co Ltd is a company which provides start-up investment support for small and medium-sized businesses and consulting services for excellent companies in the early stages, and small-cap small and medium-sized enterprises through private equity fund based on the Capital Markets Act.

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