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Real Matters (TSX:REAL) PB Ratio : 2.53 (As of Apr. 29, 2024)


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What is Real Matters 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 (2024-04-29), Real Matters's share price is C$5.17. Real Matters's Book Value per Share for the quarter that ended in Dec. 2023 was C$2.04. Hence, Real Matters's PB Ratio of today is 2.53.

Good Sign:

Real Matters Inc stock PB Ratio (=2.53) is close to 1-year low of 2.38

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

TSX:REAL' s PB Ratio Range Over the Past 10 Years
Min: 1.3   Med: 3.07   Max: 10.72
Current: 2.53

During the past 10 years, Real Matters's highest PB Ratio was 10.72. The lowest was 1.30. And the median was 3.07.

TSX:REAL's PB Ratio is ranked worse than
85.64% of 1755 companies
in the Real Estate industry
Industry Median: 0.8 vs TSX:REAL: 2.53

During the past 12 months, Real Matters'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 -13.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -5.90% per year.

During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of Real Matters was 52.50% per year. The lowest was -13.90% per year. And the median was 3.35% per year.

Back to Basics: PB Ratio


Real Matters PB Ratio Historical Data

The historical data trend for Real Matters'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.

Real Matters PB Ratio Chart

Real Matters Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.16 8.01 3.93 2.25 3.00

Real Matters 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 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 2.00 2.37 2.99 3.00 3.09

Competitive Comparison of Real Matters's PB Ratio

For the Real Estate Services subindustry, Real Matters'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.


Real Matters's PB Ratio Distribution in the Real Estate Industry

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

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



Real Matters 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.

Real Matters's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=5.17/2.04
=2.53

* 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.


Real Matters  (TSX:REAL) 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.


Real Matters PB Ratio Related Terms

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


Real Matters (TSX:REAL) Business Description

Traded in Other Exchanges
Address
50 Minthorn Boulevard, Suite 401, Markham, ON, CAN, L3T 7X8
Real Matters Inc is a Canadian network management services provider for the mortgage lending and insurance industries. The company's platform combines proprietary technology and network management capabilities with tens of thousands of independent qualified field agents. Its operating segment includes U.S. Appraisal; U.S. Title and Canada. The company generates maximum revenue from the U.S. Appraisal segment. Its U.S. Appraisal segment provides residential mortgage appraisals for purchase, refinance, and home equity transactions through its Solidifi brand.