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Garima Bikas Bank (XNEP:GBBL) PB Ratio : 2.40 (As of Jun. 24, 2024)


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What is Garima Bikas 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 (2024-06-24), Garima Bikas Bank's share price is NPR356.00. Garima Bikas Bank's Book Value per Share for the quarter that ended in Apr. 2024 was NPR148.37. Hence, Garima Bikas Bank's PB Ratio of today is 2.40.

Good Sign:

Garima Bikas Bank Ltd stock PB Ratio (=2.41) is close to 3-year low of 2.22

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

XNEP:GBBL' s PB Ratio Range Over the Past 10 Years
Min: 1.39   Med: 2.45   Max: 6.3
Current: 2.4

During the past 11 years, Garima Bikas Bank's highest PB Ratio was 6.30. The lowest was 1.39. And the median was 2.45.

XNEP:GBBL's PB Ratio is ranked worse than
93.68% of 1472 companies
in the Banks industry
Industry Median: 0.84 vs XNEP:GBBL: 2.40

During the past 12 months, Garima Bikas Bank's average Book Value Per Share Growth Rate was 17.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 18.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 17.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 11.20% per year.

During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Garima Bikas Bank was 18.50% per year. The lowest was 3.50% per year. And the median was 12.25% per year.

Back to Basics: PB Ratio


Garima Bikas Bank PB Ratio Historical Data

The historical data trend for Garima Bikas 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.

Garima Bikas Bank PB Ratio Chart

Garima Bikas Bank Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.64 1.80 3.87 2.98 2.66

Garima Bikas Bank Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 2.61 2.66 2.43 2.60 2.56

Competitive Comparison of Garima Bikas Bank's PB Ratio

For the Banks - Regional subindustry, Garima Bikas 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.


Garima Bikas Bank's PB Ratio Distribution in the Banks Industry

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

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



Garima Bikas 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Apr. 2024)
=356.00/148.369
=2.40

* 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.


Garima Bikas Bank  (XNEP:GBBL) 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.


Garima Bikas Bank PB Ratio Related Terms

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


Garima Bikas Bank (XNEP:GBBL) Business Description

Traded in Other Exchanges
N/A
Address
Das Tower, Lazimpat, Kathmandu, NPL, 02
Garima Bikas Bank Ltd provides standard banking services in Nepal. The company's services includes acceptance of deposits, corporate and retail credit, hire purchase financing, micro credit, trade financing, personal and corporate banking, foreign currency transactions and other banking activities. Along with its subsidiary, it is also engaged in Merchant Banking business and provides the service of Depository Participants and Portfolio Management Service. Its segments include, Regular Banking, Treasury Functions and Transaction Banking with majority of the revenue being generated from the Regular Banking segment.

Garima Bikas Bank (XNEP:GBBL) Headlines

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