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Neogrid Participacoes (BSP:NGRD3) PB Ratio : 0.52 (As of Apr. 30, 2024)


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What is Neogrid Participacoes 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 (2024-04-30), Neogrid Participacoes's share price is R$1.02. Neogrid Participacoes's Book Value per Share for the quarter that ended in Dec. 2023 was R$1.97. Hence, Neogrid Participacoes's PB Ratio of today is 0.52.

Good Sign:

Neogrid Participacoes SA stock PB Ratio (=0.51) is close to 5-year low of 0.51

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

BSP:NGRD3' s PB Ratio Range Over the Past 10 Years
Min: 0.51   Med: 0.91   Max: 10.84
Current: 0.52

During the past 9 years, Neogrid Participacoes's highest PB Ratio was 10.84. The lowest was 0.51. And the median was 0.91.

BSP:NGRD3's PB Ratio is ranked better than
94.8% of 2579 companies
in the Software industry
Industry Median: 2.67 vs BSP:NGRD3: 0.52

During the past 12 months, Neogrid Participacoes's average Book Value Per Share Growth Rate was -1.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 0.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 33.50% per year.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Neogrid Participacoes was 58.50% per year. The lowest was 0.80% per year. And the median was 51.10% per year.

Back to Basics: PB Ratio


Neogrid Participacoes PB Ratio Historical Data

The historical data trend for Neogrid Participacoes'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.

Neogrid Participacoes PB Ratio Chart

Neogrid Participacoes Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only - 3.72 1.35 0.74 0.63

Neogrid Participacoes Quarterly Data
Dec16 Dec17 Dec18 Sep19 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.74 0.55 0.94 0.64 0.63

Competitive Comparison of Neogrid Participacoes's PB Ratio

For the Software - Application subindustry, Neogrid Participacoes'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.


Neogrid Participacoes's PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Neogrid Participacoes's PB Ratio distribution charts can be found below:

* The bar in red indicates where Neogrid Participacoes's PB Ratio falls into.



Neogrid Participacoes 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.

Neogrid Participacoes's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=1.02/1.969
=0.52

* 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.


Neogrid Participacoes  (BSP:NGRD3) 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.


Neogrid Participacoes PB Ratio Related Terms

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


Neogrid Participacoes (BSP:NGRD3) Business Description

Traded in Other Exchanges
N/A
Address
AV. Santos Dumont, 935, Santo Antonio, Joninville, SC, BRA, 89218-105
Neogrid Participacoes SA is engaged in investing in other companies or partnerships, businesses and undertakings of any nature. The company is focused on Software as a Service (SaaS), data and technology that solves key challenges for the supply chain. With solutions that integrate and synchronize operations of manufacturers, distributors, and retailers, it ensures that products are well distributed, sized and allocated. increasing the efficiency of customers, reducing the high costs related to waste and inventory shortages and excesses and freeing up working capital. Offering SaaS solutions is the primary source of revenue generation through subscription to the Neogrid solution platform.

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