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RAK Ceramics (Bangladesh) (DHA:RAKCERAMIC) PB Ratio

: 1.72 (As of Today)
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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 (2024-04-19), RAK Ceramics (Bangladesh)'s share price is BDT31.40. RAK Ceramics (Bangladesh)'s Book Value per Share for the quarter that ended in Dec. 2023 was BDT18.29. Hence, RAK Ceramics (Bangladesh)'s PB Ratio of today is 1.72.

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

DHA:RAKCERAMIC' s PB Ratio Range Over the Past 10 Years
Min: 1.48   Med: 2.54   Max: 4.97
Current: 1.82

During the past 13 years, RAK Ceramics (Bangladesh)'s highest PB Ratio was 4.97. The lowest was 1.48. And the median was 2.54.

DHA:RAKCERAMIC's PB Ratio is ranked worse than
66.67% of 1608 companies
in the Construction industry
Industry Median: 1.21 vs DHA:RAKCERAMIC: 1.82

During the past 12 months, RAK Ceramics (Bangladesh)'s average Book Value Per Share Growth Rate was 2.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 3.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 3.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of RAK Ceramics (Bangladesh) was 17.30% per year. The lowest was 1.30% per year. And the median was 2.85% per year.

Back to Basics: PB Ratio


RAK Ceramics (Bangladesh) PB Ratio Historical Data

The historical data trend for RAK Ceramics (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.

RAK Ceramics (Bangladesh) Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.67 1.59 2.53 2.40 2.35

RAK Ceramics (Bangladesh) Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PB Ratio 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 Premium Member Only Premium Member Only Premium Member Only 2.40 2.49 2.45 2.41 2.35

Competitive Comparison

For the Building Products & Equipment subindustry, RAK Ceramics (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.


RAK Ceramics (Bangladesh) PB Ratio Distribution

For the Construction industry and Industrials sector, RAK Ceramics (Bangladesh)'s PB Ratio distribution charts can be found below:

* The bar in red indicates where RAK Ceramics (Bangladesh)'s PB Ratio falls into.



RAK Ceramics (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.

RAK Ceramics (Bangladesh)'s PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=31.40/18.29
=1.72

* 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.


RAK Ceramics (Bangladesh)  (DHA:RAKCERAMIC) 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.


RAK Ceramics (Bangladesh) PB Ratio Related Terms

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


RAK Ceramics (Bangladesh) (DHA:RAKCERAMIC) Business Description

Traded in Other Exchanges
N/A
Address
Plot 1/A Jasimuddin Avenue, RAK Tower, 7th, 8th & 9th Floors, Sector-3, Uttara Model Town, Dhaka, BGD, 1230
RAK Ceramics (Bangladesh) Ltd is a tile and sanitary ware brand in Bangladesh. The core business of RAK Ceramics is to manufacture and sell ceramics and gres porcellanato (porcelain/ fully vitrified) tiles, bathroom sets and all types of sanitary ware. The operating segments of the group are Ceramic and sanitary ware, Power and Security and services, Substantial revenue for the group is derived from the Ceramics and sanitary ware segment.

RAK Ceramics (Bangladesh) (DHA:RAKCERAMIC) Headlines

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