Ansarada Group (ASX:AND) PB Ratio : 4.33 (As of May. 27, 2024)

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What is Ansarada Group 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 (2024-05-27), Ansarada Group's share price is A$2.19. Ansarada Group's Book Value per Share for the quarter that ended in Dec. 2023 was A$0.51. Hence, Ansarada Group's PB Ratio of today is 4.33.

Warning Sign:

Ansarada Group Ltd stock PB Ratio (=4.37) is close to 2-year high of 4.79

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

ASX:AND' s PB Ratio Range Over the Past 10 Years
Min: 1.58 Med: 3.23 Max: 11.76
Current: 4.33

During the past 5 years, Ansarada Group's highest PB Ratio was 11.76. The lowest was 1.58. And the median was 3.23.

ASX:AND's PB Ratio is ranked worse than
70.28% of 2577 companies
in the Software industry
Industry Median: 2.66 vs ASX:AND: 4.33

During the past 12 months, Ansarada Group's average Book Value Per Share Growth Rate was -0.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 40.10% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Ansarada Group was 40.10% per year. The lowest was 15.80% per year. And the median was 27.95% per year.

Back to Basics: PB Ratio

Ansarada Group PB Ratio Historical Data

The historical data trend for Ansarada 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.

Ansarada Group PB Ratio Chart

Ansarada Group Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

PB Ratio

9.09

1.79

2.92

1.85

Ansarada Group Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial			3.32	2.92	2.76	1.85	3.40

Competitive Comparison of Ansarada Group's PB Ratio

For the Software - Application subindustry, Ansarada 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.

Ansarada Group's PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Ansarada Group's PB Ratio distribution charts can be found below:

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

Ansarada 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.

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

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	2.19	/	0.506
	=	4.33

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.

Ansarada Group (ASX:AND) 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.

Ansarada Group PB Ratio Related Terms

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Ansarada Group (ASX:AND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ansarada Group Ltd (ASX:AND) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

80 George Street, Level 2, The Rocks, Sydney, NSW, AUS, 2000

Website

https://www.ansarada.com

Ansarada Group Ltd formerly thedocyard Ltd develops and provides cloud-based software for legal and finance organizations. It operates as a Software as a Service (SaaS) model with its clients being organizations that undertake complex transactions such as legal and accounting firms, corporate and financial advisers, financial institutions, and listed or multinational companies. Some services provided are Workflow management, Collaboration, Secure document management, and Project Management. Geographically, the majority of the business is done in the Australian market. The Group derives its revenue from subscription or transactional usage fees from customers for access to its cloud-based SaaS platform.

Ansarada Group (ASX:AND) Headlines

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