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PIM Korea Co (XKRX:448900) PB Ratio : 3.49 (As of May. 27, 2024)


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What is PIM Korea 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 (2024-05-27), PIM Korea Co's share price is ₩31200.00. PIM Korea Co's Book Value per Share for the fiscal year that ended in Dec. 2022 was ₩8,941.99. Hence, PIM Korea Co's PB Ratio of today is 3.49.

The historical rank and industry rank for PIM Korea Co's PB Ratio or its related term are showing as below:

XKRX:448900's PB Ratio is not ranked *
in the Industrial Products industry.
Industry Median: 1.93
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


PIM Korea Co PB Ratio Historical Data

The historical data trend for PIM Korea 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.

PIM Korea Co PB Ratio Chart

PIM Korea Co Annual Data
Trend Dec22
PB Ratio
-

PIM Korea Co Quarterly Data
PB Ratio

Competitive Comparison of PIM Korea Co's PB Ratio

For the Metal Fabrication subindustry, PIM Korea 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.


PIM Korea Co's PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, PIM Korea Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where PIM Korea Co's PB Ratio falls into.



PIM Korea 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.

PIM Korea Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (A: Dec. 2022)
=31200.00/8941.992
=3.49

* 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.


PIM Korea Co  (XKRX:448900) 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.


PIM Korea Co PB Ratio Related Terms

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PIM Korea Co (XKRX:448900) Business Description

Traded in Other Exchanges
N/A
Address
26, Secheon-ro 8-gil, Dasa-eup, Dalseong-gun, Daegu, KOR, 42921
PIM Korea Co Ltd is a global company specializing in parts and materials. It is involved in lead metal powder injection, centrifugal casting, and processing methods and strive to build state-of-the-art facilities and develop new technologies to continuously promote new businesses and lead new trends in the parts business with differentiated strategies.

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