Clairvest Group (Clairvest Group) PB Ratio : 0.90 (As of Apr. 28, 2024)

View and export this data going back to . Start your Free Trial

What is Clairvest 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), Clairvest Group's share price is $52.70. Clairvest Group's Book Value per Share for the quarter that ended in Dec. 2023 was $58.43. Hence, Clairvest Group's PB Ratio of today is 0.90.

Good Sign:

Clairvest Group Inc stock PB Ratio (=0.92) is close to 1-year low of 0.89

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

CVTGF' s PB Ratio Range Over the Past 10 Years
Min: 0.7 Med: 0.95 Max: 1.24
Current: 0.92

During the past 13 years, Clairvest Group's highest PB Ratio was 1.24. The lowest was 0.70. And the median was 0.95.

CVTGF's PB Ratio is ranked better than
53.46% of 1693 companies
in the Asset Management industry
Industry Median: 0.93 vs CVTGF: 0.92

During the past 12 months, Clairvest Group's average Book Value Per Share Growth Rate was -4.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 13.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 13.20% 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 Clairvest Group was 17.30% per year. The lowest was 4.60% per year. And the median was 10.35% per year.

Back to Basics: PB Ratio

Clairvest Group PB Ratio Historical Data

The historical data trend for Clairvest 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.

Clairvest Group PB Ratio Chart

Clairvest Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

PB Ratio

Get a 7-Day Free Trial

0.99

0.75

0.82

0.85

0.98

Clairvest Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio	Get a 7-Day Free Trial															0.90	0.98	0.95	1.12	0.90

Competitive Comparison of Clairvest Group's PB Ratio

For the Asset Management subindustry, Clairvest 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.

Clairvest Group's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Clairvest Group's PB Ratio distribution charts can be found below:

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

Clairvest 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.

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

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	52.70	/	58.426
	=	0.90

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.

Clairvest Group (OTCPK:CVTGF) 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.

Clairvest Group PB Ratio Related Terms

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

Clairvest Group (Clairvest Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Clairvest Group Inc (OTCPK:CVTGF) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

CVG:Canada

Address

22 St. Clair Avenue East, Suite 1700, Toronto, ON, CAN, M4T 2S3

Website

https://www.clairvest.com

Clairvest Group Inc is a Canadian private equity investment firm. The company invests in and partners with the management teams of business that have the potential to create average returns in their respective industries. Clairvest contributes financing and strategic expertise to support the growth and development of its investee companies in order to create realizable value for all shareholders. It invests its own capital into entrepreneurial corporations.