FleetPartners Group (ASX:FPR) PB Ratio : 1.36 (As of Apr. 27, 2024)

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What is FleetPartners Group 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 (2024-04-27), FleetPartners Group's share price is A$3.49. FleetPartners Group's Book Value per Share for the quarter that ended in Sep. 2023 was A$2.57. Hence, FleetPartners Group's PB Ratio of today is 1.36.

The historical rank and industry rank for FleetPartners Group's PB Ratio or its related term are showing as below:

ASX:FPR' s PB Ratio Range Over the Past 10 Years
Min: 0.23 Med: 1.18 Max: 1.76
Current: 1.36

During the past 9 years, FleetPartners Group's highest PB Ratio was 1.76. The lowest was 0.23. And the median was 1.18.

ASX:FPR's PB Ratio is ranked better than
61.44% of 1027 companies
in the Business Services industry
Industry Median: 1.77 vs ASX:FPR: 1.36

During the past 12 months, FleetPartners Group's average Book Value Per Share Growth Rate was 14.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 16.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.60% per year.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of FleetPartners Group was 16.70% per year. The lowest was -16.60% per year. And the median was -2.55% per year.

Back to Basics: PB Ratio

FleetPartners Group PB Ratio Historical Data

The historical data trend for FleetPartners Group'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.

FleetPartners Group PB Ratio Chart

FleetPartners Group Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

PB Ratio

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1.19

0.95

1.25

1.01

1.07

FleetPartners Group Semi-Annual Data
	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
PB Ratio	Get a 7-Day Free Trial												1.25	1.28	1.01	0.89	1.07

Competitive Comparison of FleetPartners Group's PB Ratio

For the Rental & Leasing Services subindustry, FleetPartners Group'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.

FleetPartners Group's PB Ratio Distribution in the Business Services Industry

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

* The bar in red indicates where FleetPartners Group's PB Ratio falls into.

FleetPartners Group 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.

FleetPartners Group's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2023)
	=	3.49	/	2.567
	=	1.36

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

FleetPartners Group (ASX:FPR) 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.

FleetPartners Group PB Ratio Related Terms

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

FleetPartners Group (ASX:FPR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » FleetPartners Group Ltd (ASX:FPR) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

601 Pacific Highway, Level 6, St Leonards, Sydney, NSW, AUS, 2065

Website

https://www.fleetpartners.com.au

FleetPartners Group Ltd is a provider of fleet leasing and fleet management services that operates across Australia and New Zealand. The company offers consumers and businesses access to funding solutions including fleet leasing, novated leasing, and salary packaging solutions. Its business segments include Australia commercial, novated, and New Zealand commercial, with the majority of revenue flowing from Australia commercial. Australia commercial provides fleet leasing and management services; novated provides novated leasing and salary packaging services in Australia, and New Zealand commercial provides fleet leasing, management, and vehicle dealerships. Some of its brands include FleetPartners, FleetPlus and FleetChoice.

FleetPartners Group (ASX:FPR) Headlines

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