IPD Group (ASX:IPG) PB Ratio : 3.34 (As of Apr. 28, 2024)

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What is IPD 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 (2024-04-28), IPD Group's share price is A$4.61. IPD Group's Book Value per Share for the quarter that ended in Dec. 2023 was A$1.38. Hence, IPD Group's PB Ratio of today is 3.34.

Good Sign:

IPD Group Ltd stock PB Ratio (=3.37) is close to 1-year low of 3.37

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

ASX:IPG' s PB Ratio Range Over the Past 10 Years
Min: 2.2 Med: 4.98 Max: 6.17
Current: 3.35

During the past 3 years, IPD Group's highest PB Ratio was 6.17. The lowest was 2.20. And the median was 4.98.

ASX:IPG's PB Ratio is ranked worse than
75.8% of 2926 companies
in the Industrial Products industry
Industry Median: 1.9 vs ASX:IPG: 3.35

During the past 12 months, IPD Group's average Book Value Per Share Growth Rate was 74.70% per year.

Back to Basics: PB Ratio

IPD Group PB Ratio Historical Data

The historical data trend for IPD 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.

IPD Group PB Ratio Chart

IPD Group Annual Data

Trend

Jun21

Jun22

Jun23

PB Ratio

2.20

5.08

IPD Group Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	1.67	2.20	3.74	5.08	3.49

Competitive Comparison of IPD Group's PB Ratio

For the Specialty Industrial Machinery subindustry, IPD 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.

IPD Group's PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, IPD Group's PB Ratio distribution charts can be found below:

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

IPD 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.

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

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	4.61	/	1.38
	=	3.34

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.

IPD Group (ASX:IPG) 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.

IPD Group PB Ratio Related Terms

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IPD Group (ASX:IPG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » IPD Group Ltd (ASX:IPG) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

43-47 Newton Road, Wetherill Park, Sydney, NSW, AUS, 2164

Website

https://www.ipdgroup.com.au

IPD Group Ltd serves the electrical industry. The company's core focus is power distribution, power monitoring, industrial control, renewables, test and measurement, and services, across a range of verticals such as power generation, commercial, hospitality, infrastructure, and sports and leisure facilities. Its segment includes Products division and Services division. The company generates maximum revenue from the Products division segment. The company's product division consists of five different types of product categories namely, Power distribution, Industrial and motor control, Automation and industrial communication, Power monitoring, Electric vehicle solutions.