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Collins Property Group (JSE:CPP) PB Ratio : 0.59 (As of May. 01, 2024)


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What is Collins Property 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 (2024-05-01), Collins Property Group's share price is R7.45. Collins Property Group's Book Value per Share for the quarter that ended in Aug. 2023 was R12.63. Hence, Collins Property Group's PB Ratio of today is 0.59.

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

JSE:CPP' s PB Ratio Range Over the Past 10 Years
Min: 0.33   Med: 0.64   Max: 2.38
Current: 0.58

During the past 13 years, Collins Property Group's highest PB Ratio was 2.38. The lowest was 0.33. And the median was 0.64.

JSE:CPP's PB Ratio is ranked better than
63.68% of 1754 companies
in the Real Estate industry
Industry Median: 0.805 vs JSE:CPP: 0.58

During the past 12 months, Collins Property Group's average Book Value Per Share Growth Rate was -19.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -17.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -8.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 4.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Collins Property Group was 28.30% per year. The lowest was -21.70% per year. And the median was 3.60% per year.

Back to Basics: PB Ratio


Collins Property Group PB Ratio Historical Data

The historical data trend for Collins Property 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.

Collins Property Group PB Ratio Chart

Collins Property Group Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.59 0.44 0.44 0.49 0.56

Collins Property Group Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
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 0.59 0.49 0.83 0.56 0.67

Competitive Comparison of Collins Property Group's PB Ratio

For the Real Estate Services subindustry, Collins Property 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.


Collins Property Group's PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Collins Property Group's PB Ratio distribution charts can be found below:

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



Collins Property 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Aug. 2023)
=7.45/12.625
=0.59

* 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.


Collins Property Group  (JSE:CPP) 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.


Collins Property Group PB Ratio Related Terms

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Collins Property Group (JSE:CPP) Business Description

Traded in Other Exchanges
N/A
Address
1 Richefond Circle, Ridgeside Office Park, Umhlanga, NL, ZAF, 4319
Collins Property Group Ltd operates as an investment holding company, with interests in real properties, service offices, and financial services. Its activities include the development and management of commercial and residential real estate. It operates through the following segments: Property Austria; Property Namibia; Property rest of Africa; Property South Africa and Other. Its revenue includes rental income, initiation fees, interest income, other fee income and service charges, and revenue from hotel operations.

Collins Property Group (JSE:CPP) Headlines