Workforce Holdings (JSE:WKF) PB Ratio : 0.26 (As of Apr. 26, 2024)

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What is Workforce Holdings 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 (2024-04-26), Workforce Holdings's share price is R1.01. Workforce Holdings's Book Value per Share for the quarter that ended in Dec. 2023 was R3.85. Hence, Workforce Holdings's PB Ratio of today is 0.26.

Good Sign:

Workforce Holdings Ltd stock PB Ratio (=0.26) is close to 10-year low of 0.26

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

JSE:WKF' s PB Ratio Range Over the Past 10 Years
Min: 0.26 Med: 0.52 Max: 1.45
Current: 0.26

During the past 13 years, Workforce Holdings's highest PB Ratio was 1.45. The lowest was 0.26. And the median was 0.52.

JSE:WKF's PB Ratio is ranked better than
98.25% of 1027 companies
in the Business Services industry
Industry Median: 1.78 vs JSE:WKF: 0.26

During the past 12 months, Workforce Holdings's average Book Value Per Share Growth Rate was -4.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 8.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 15.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Workforce Holdings was 28.20% per year. The lowest was 5.90% per year. And the median was 11.20% per year.

Back to Basics: PB Ratio

Workforce Holdings PB Ratio Historical Data

The historical data trend for Workforce Holdings'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.

Workforce Holdings PB Ratio Chart

Workforce Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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0.49

0.30

0.37

0.42

0.35

Workforce Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial															0.37	0.44	0.42	0.35	0.35

Competitive Comparison of Workforce Holdings's PB Ratio

For the Staffing & Employment Services subindustry, Workforce Holdings'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.

Workforce Holdings's PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Workforce Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where Workforce Holdings's PB Ratio falls into.

Workforce Holdings 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.

Workforce Holdings's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	1.01	/	3.849
	=	0.26

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.

Workforce Holdings (JSE:WKF) 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.

Workforce Holdings PB Ratio Related Terms

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

Workforce Holdings (JSE:WKF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Workforce Holdings Ltd (JSE:WKF) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

11 Wellington Road, Parktown, Johannesburg, ZAF, 2193

Website

https://www.workforce.co.za

Workforce Holdings Ltd is an investment holding company. It has structured its operations into the following business segments: the Staffing and outsourcing segment comprises the provision of staff and labor outsourcing solutions; the Training and education segment provides industry and job-specific skills assessments; the Healthcare segment comprises recruitment and placement of medical professionals for hospitals and other healthcare-related business; Financial services segment comprises death and disability cover, funeral cover, hospital cover, day-to-day medical insurance, and financial and mobile products and services. The majority of its revenue comes from the Staffing and outsourcing segment.

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