GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Allied Group Ltd (OTCPK:ALEDY) » Definitions » PB Ratio

Allied Group (Allied Group) PB Ratio

: 0.21 (As of Today)
View and export this data going back to 2011. Start your Free Trial

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 (2024-04-16), Allied Group's share price is $8.47. Allied Group's Book Value per Share for the quarter that ended in Jun. 2023 was $39.67. Hence, Allied Group's PB Ratio of today is 0.21.

Good Sign:

Allied Group Ltd stock PB Ratio (=0.12) is close to 10-year low of 0.12

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

ALEDY' s PB Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.33   Max: 0.53
Current: 0.12

During the past 13 years, Allied Group's highest PB Ratio was 0.53. The lowest was 0.12. And the median was 0.33.

ALEDY's PB Ratio is ranked better than
97.85% of 511 companies
in the Credit Services industry
Industry Median: 1.04 vs ALEDY: 0.12

During the past 12 months, Allied Group's average Book Value Per Share Growth Rate was -3.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 15.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 14.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 13.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Allied Group was 28.40% per year. The lowest was 9.10% per year. And the median was 15.10% per year.

Back to Basics: PB Ratio


Allied Group PB Ratio Historical Data

The historical data trend for Allied 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.

Allied Group 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 0.34 0.42 0.22 0.21 0.21

Allied Group 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 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 0.22 0.21 0.21 0.22 0.21

Competitive Comparison

For the Credit Services subindustry, Allied 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.


Allied Group PB Ratio Distribution

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

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



Allied 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2023)
=8.47/39.669
=0.21

* 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.


Allied Group  (OTCPK:ALEDY) 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.


Allied Group PB Ratio Related Terms

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


Allied Group (Allied Group) Business Description

Traded in Other Exchanges
Address
138 Gloucester Road, 22nd Floor, Allied Kajima Building, Wanchai, Hong Kong, HKG
Allied Group Ltd is a Hong Kong-based investment holding company. The segments in which the company operates are investment and finance which includes investment and provision of mortgage loan and term loan financing. 2) Consumer finance segment includes the provision of consumer, SME and other financing. 3) Property development includes the business of development of properties. 4) Property investment includes property rental and hotel operations managed by third parties. 5) Property management includes the provision of property management, cleaning and security guarding services. 6) Elderly care services include the provision of elderly care services. 7) Corporate and other operations include corporate revenue and expenses, other operations and results of unallocated operations.

Allied Group (Allied Group) Headlines

No Headlines