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 (2024-04-23), Flexible Solutions International's share price is $2.03. Flexible Solutions International's Book Value per Share for the quarter that ended in Dec. 2023 was $2.83. Hence, Flexible Solutions International's PB Ratio of today is 0.72.
The historical rank and industry rank for Flexible Solutions International's PB Ratio or its related term are showing as below:
FSI'
s PB Ratio Range Over the Past 10 Years
Min: 0.57 Med: 1.28 Max: 2.99
Current: 0.72
During the past 13 years, Flexible Solutions International's highest PB Ratio was 2.99. The lowest was 0.57. And the median was 1.28.
FSI's PB Ratio is ranked better than 83.14% of 1530
companies
in the Chemicals industry
Industry Median: 1.55
vs FSI: 0.72
During the past 12 months, Flexible Solutions International's average Book Value Per Share Growth Rate was 7.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 17.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 16.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 13.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Flexible Solutions International was 167.50% per year. The lowest was -2.20% per year. And the median was 9.60% per year.
Back to Basics: PB Ratio
Flexible Solutions International PB Ratio Historical Data
The historical data trend for Flexible Solutions International'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.
For the Specialty Chemicals subindustry, Flexible Solutions International'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.
Flexible Solutions International PB Ratio Distribution
For the Chemicals industry and Basic Materials sector, Flexible Solutions International's PB Ratio distribution charts can be found below:
* The bar in red indicates where Flexible Solutions International's PB Ratio falls into.
Flexible Solutions International 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.
Flexible Solutions International's PB Ratio for today is calculated as follows:
* 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.
Flexible Solutions International (AMEX:FSI) PB Ratio Explanation
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.
Flexible Solutions International PB Ratio Related Terms
Thank you for viewing the detailed overview of Flexible Solutions International's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Flexible Solutions International (Flexible Solutions International) Business Description
Flexible Solutions International Inc develops, manufactures, and markets specialty chemicals that slow the evaporation of water. Its business is organized into two segments Energy and Water Conservation Products, and Biodegradable Polymers. It primarily offers a liquid swimming pool blanket under the WATERSAVR brand, which saves energy and water by inhibiting evaporation from the pool surface, a chemical product called HEATSAVR, for use in swimming pools and spas to slow the water evaporation. The firm also manufactures and markets water-soluble chemicals utilizing thermal polyaspartate biopolymers. It generates most of its revenues from the export of its products to international markets.
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