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GSP Finance Co (Bangladesh) (DHA:GSPFINANCE) PB Ratio : 0.47 (As of May. 03, 2024)


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What is GSP Finance Co (Bangladesh) 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 (2024-05-03), GSP Finance Co (Bangladesh)'s share price is BDT11.10. GSP Finance Co (Bangladesh)'s Book Value per Share for the quarter that ended in Sep. 2023 was BDT23.53. Hence, GSP Finance Co (Bangladesh)'s PB Ratio of today is 0.47.

Good Sign:

GSP Finance Co (Bangladesh) Ltd stock PB Ratio (=0.48) is close to 10-year low of 0.48

The historical rank and industry rank for GSP Finance Co (Bangladesh)'s PB Ratio or its related term are showing as below:

DHA:GSPFINANCE' s PB Ratio Range Over the Past 10 Years
Min: 0.48   Med: 0.97   Max: 1.61
Current: 0.48

During the past 11 years, GSP Finance Co (Bangladesh)'s highest PB Ratio was 1.61. The lowest was 0.48. And the median was 0.97.

DHA:GSPFINANCE's PB Ratio is ranked better than
93.94% of 528 companies
in the Diversified Financial Services industry
Industry Median: 1.84 vs DHA:GSPFINANCE: 0.48

During the past 12 months, GSP Finance Co (Bangladesh)'s average Book Value Per Share Growth Rate was 7.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 14.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 8.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 11.30% per year.

During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of GSP Finance Co (Bangladesh) was 21.20% per year. The lowest was 4.20% per year. And the median was 9.60% per year.

Back to Basics: PB Ratio


GSP Finance Co (Bangladesh) PB Ratio Historical Data

The historical data trend for GSP Finance Co (Bangladesh)'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.

GSP Finance Co (Bangladesh) PB Ratio Chart

GSP Finance Co (Bangladesh) Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.89 0.68 0.94 1.26 1.09

GSP Finance Co (Bangladesh) Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 1.38 1.09 1.14 1.22 1.29

Competitive Comparison of GSP Finance Co (Bangladesh)'s PB Ratio

For the Financial Conglomerates subindustry, GSP Finance Co (Bangladesh)'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.


GSP Finance Co (Bangladesh)'s PB Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, GSP Finance Co (Bangladesh)'s PB Ratio distribution charts can be found below:

* The bar in red indicates where GSP Finance Co (Bangladesh)'s PB Ratio falls into.



GSP Finance Co (Bangladesh) 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.

GSP Finance Co (Bangladesh)'s PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2023)
=11.10/23.532
=0.47

* 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.


GSP Finance Co (Bangladesh)  (DHA:GSPFINANCE) 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.


GSP Finance Co (Bangladesh) PB Ratio Related Terms

Thank you for viewing the detailed overview of GSP Finance Co (Bangladesh)'s PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


GSP Finance Co (Bangladesh) (DHA:GSPFINANCE) Business Description

Traded in Other Exchanges
N/A
Address
Mymensingh Road, 1, Paribagh, Dhaka, BGD, 1000
GSP Finance Co (Bangladesh) Ltd provides financial products and services. The company's activities include lease finance, term finance, syndication finance, acceptance of term deposits, working capital finance and money market operation. Other activities of the company are deposit schemes, SME finance, and equity finance. The company introduces investment products for the interested depositors like Annual Return Program, Double Return Program, Triple Return Program and among others.

GSP Finance Co (Bangladesh) (DHA:GSPFINANCE) Headlines

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