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RIFCO (RRFFF) PB Ratio : 0.83 (As of May. 11, 2024)


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What is RIFCO 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 (2024-05-11), RIFCO's share price is $0.845. RIFCO's Book Value per Share for the quarter that ended in Sep. 2021 was $1.02. Hence, RIFCO's PB Ratio of today is 0.83.

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

RRFFF' s PB Ratio Range Over the Past 10 Years
Min: 0.54   Med: 1   Max: 10.27
Current: 0.99

During the past 12 years, RIFCO's highest PB Ratio was 10.27. The lowest was 0.54. And the median was 1.00.

RRFFF's PB Ratio is not ranked
in the Credit Services industry.
Industry Median: 1.03 vs RRFFF: 0.99

During the past 12 months, RIFCO's average Book Value Per Share Growth Rate was -10.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -11.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -6.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 14.00% per year.

During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of RIFCO was 61.60% per year. The lowest was -11.80% per year. And the median was 10.20% per year.

Back to Basics: PB Ratio


RIFCO PB Ratio Historical Data

The historical data trend for RIFCO'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.

RIFCO PB Ratio Chart

RIFCO Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.14 0.70 - - -

RIFCO Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 - - - - -

Competitive Comparison of RIFCO's PB Ratio

For the Credit Services subindustry, RIFCO'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.


RIFCO's PB Ratio Distribution in the Credit Services Industry

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

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



RIFCO 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.

RIFCO's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2021)
=0.845/1.02
=0.83

* 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.


RIFCO  (GREY:RRFFF) 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.


RIFCO PB Ratio Related Terms

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


RIFCO (RRFFF) Business Description

Traded in Other Exchanges
N/A
Address
4909 49th Street, Suite 702, Millennium Centre, Red Deer, AB, CAN, T4N 1V1
RIFCO Inc is an auto-purchase finance company. Its subsidiaries are engaged in vehicle financing. The company provides non-traditional vehicle financing to motorists through a growing network of select new and used vehicle retailers. Its auto financing is available to both franchise and independent dealers who want to create a partnership. The company has its operation in all provinces in Canada except Quebec.

RIFCO (RRFFF) Headlines

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