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Smart Auto Australia (XNEC:SAL) PB Ratio : (As of Jun. 21, 2024)


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What is Smart Auto Australia 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 (2024-06-21), Smart Auto Australia's share price is A$0.011. Smart Auto Australia's Book Value per Share for the fiscal year that ended in . 20 was A$0.00. Hence, Smart Auto Australia's PB Ratio of today is .

The historical rank and industry rank for Smart Auto Australia's PB Ratio or its related term are showing as below:

XNEC:SAL's PB Ratio is not ranked *
in the Business Services industry.
Industry Median: 1.74
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


Smart Auto Australia PB Ratio Historical Data

The historical data trend for Smart Auto Australia'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.

Smart Auto Australia PB Ratio Chart

Smart Auto Australia Annual Data
Trend
PB Ratio

Smart Auto Australia Semi-Annual Data
PB Ratio

Competitive Comparison of Smart Auto Australia's PB Ratio

For the Rental & Leasing Services subindustry, Smart Auto Australia'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.


Smart Auto Australia's PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Smart Auto Australia's PB Ratio distribution charts can be found below:

* The bar in red indicates where Smart Auto Australia's PB Ratio falls into.



Smart Auto Australia 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.

Smart Auto Australia's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (A: . 20)
=0.011/
=

* 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.


Smart Auto Australia  (XNEC:SAL) 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.


Smart Auto Australia PB Ratio Related Terms

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Smart Auto Australia (XNEC:SAL) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
1 Hok Yuen Street East, Room 1, 8th Floor, Fu Hang, Fu Hang Industrial Building, Hung Hom, Kowloon, Hong Kong, HKG, 2000
Smart Auto Australia Ltd is engaged in the provision of bus rental and management services and the trading of coaches, in Hong Kong.