Ceres Global Ag (TSX:CRP) PB Ratio

: 0.47 (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 (2024-04-24), Ceres Global Ag's share price is C$3.05. Ceres Global Ag's Book Value per Share for the quarter that ended in Dec. 2023 was C$6.50. Hence, Ceres Global Ag's PB Ratio of today is 0.47.

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

TSX:CRP' s PB Ratio Range Over the Past 10 Years
Min: 0.33 Med: 0.69 Max: 0.95
Current: 0.46

During the past 13 years, Ceres Global Ag's highest PB Ratio was 0.95. The lowest was 0.33. And the median was 0.69.

TSX:CRP's PB Ratio is ranked better than
92.31% of 299 companies
in the Retail - Defensive industry
Industry Median: 1.68 vs TSX:CRP: 0.46

During the past 12 months, Ceres Global Ag's average Book Value Per Share Growth Rate was 2.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -1.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -1.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -4.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Ceres Global Ag was 26.70% per year. The lowest was -9.30% per year. And the median was -3.65% per year.

Back to Basics: PB Ratio

Ceres Global Ag PB Ratio Historical Data

The historical data trend for Ceres Global Ag'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.

Ceres Global Ag Annual Data

Trend

Mar14

Mar15

Mar16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

PB Ratio

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0.64

0.45

0.72

0.49

0.39

Ceres Global Ag Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio	Get a 7-Day Free Trial															0.36	0.39	0.39	0.33	0.33

Competitive Comparison

For the Food Distribution subindustry, Ceres Global Ag'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.

Ceres Global Ag PB Ratio Distribution

For the Retail - Defensive industry and Consumer Defensive sector, Ceres Global Ag's PB Ratio distribution charts can be found below:

* The bar in red indicates where Ceres Global Ag's PB Ratio falls into.

Ceres Global Ag 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.

Ceres Global Ag's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	3.05	/	6.499
	=	0.47

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.

Ceres Global Ag (TSX:CRP) 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.

Ceres Global Ag PB Ratio Related Terms

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Ceres Global Ag (TSX:CRP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Ceres Global Ag Corp (TSX:CRP) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

CERGF:USA

Address

701 Xenia Avenue S., Suite 400, Golden Valley, MN, USA, 55416

Website

https://www.ceresglobalagcorp.com

Ceres Global Ag Corp is engaged in the agricultural, energy, and industrial supply chains through sourcing, storing, transporting, and marketing of commodity-based products and raw materials. It has three operating segments. The Grain segment, which is the key revenue driver, is engaged in grain procurement and merchandising of specialty grains and oilseeds such as oats, barley, rye, hard red spring wheat, durum wheat, canola, and pulses. The Supply Chain Services segment utilizes the corporation's facilities to provide logistics services, storage, and transloading for commodities and industrial products. The Seed and Processing segment is engaged in soybean crush, specialty crops blending, birdfeed production, and seed distribution in Western Canada.

Ceres Global Ag (TSX:CRP) Headlines

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