Aqua Power Systems (Aqua Power Systems) PB Ratio : (As of May. 18, 2024)

Aqua Power Systems PB Ratio Chart

Aqua Power Systems Quarterly Data
	Jul12	Oct12	Jan13	Apr13	Jul13	Oct13	Jan14	Jun14	Sep14	Dec14	Mar15	Jun15	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
PB Ratio	Get a 7-Day Free Trial															-	135.00	154.80	78.50	265.50

Competitive Comparison of Aqua Power Systems's PB Ratio

For the Shell Companies subindustry, Aqua Power Systems'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.

Aqua Power Systems's PB Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Aqua Power Systems's PB Ratio distribution charts can be found below:

* The bar in red indicates where Aqua Power Systems's PB Ratio falls into.

Aqua Power Systems 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.

Aqua Power Systems'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.

Aqua Power Systems  (OTCPK:APSI) 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.

Aqua Power Systems PB Ratio Related Terms

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

Aqua Power Systems (Aqua Power Systems) Business Description