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Ironwood Education (BOM:508918) PB Ratio : 1.60 (As of May. 21, 2024)


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What is Ironwood Education 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 (2024-05-21), Ironwood Education's share price is ₹24.32. Ironwood Education's Book Value per Share for the quarter that ended in Dec. 2023 was ₹15.23. Hence, Ironwood Education's PB Ratio of today is 1.60.

Good Sign:

Ironwood Education Ltd stock PB Ratio (=1.6) is close to 1-year low of 1.47

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

BOM:508918' s PB Ratio Range Over the Past 10 Years
Min: 0.22   Med: 1.25   Max: 2.54
Current: 1.6

During the past 13 years, Ironwood Education's highest PB Ratio was 2.54. The lowest was 0.22. And the median was 1.25.

BOM:508918's PB Ratio is ranked worse than
54.37% of 252 companies
in the Education industry
Industry Median: 1.52 vs BOM:508918: 1.60

During the past 12 months, Ironwood Education's average Book Value Per Share Growth Rate was -5.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -12.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -11.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -9.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Ironwood Education was 13.70% per year. The lowest was -22.50% per year. And the median was -9.80% per year.

Back to Basics: PB Ratio


Ironwood Education PB Ratio Historical Data

The historical data trend for Ironwood Education'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.

Ironwood Education PB Ratio Chart

Ironwood Education Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.57 1.64 0.99 1.85 1.98

Ironwood Education 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 - 1.98 - 1.51 -

Competitive Comparison of Ironwood Education's PB Ratio

For the Education & Training Services subindustry, Ironwood Education'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.


Ironwood Education's PB Ratio Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Ironwood Education's PB Ratio distribution charts can be found below:

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



Ironwood Education 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.

Ironwood Education's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=24.32/15.227
=1.60

* 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.


Ironwood Education  (BOM:508918) 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.


Ironwood Education PB Ratio Related Terms

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


Ironwood Education (BOM:508918) Business Description

Traded in Other Exchanges
N/A
Address
KHIL House, 70-C Nehru Road, 1st Floor, Adjacent to Domestic Airport, Vile Parle (East), Mumbai, MH, IND, 400099
Ironwood Education Ltd is a vocational education provider across India and the Middle East. The company is operating the EMDI Institute of media and communication. The company offers industry-relevant postgraduate diploma in Global sports management courses under the brand Ironwood Sports Management Global Academy; a specialized course in wedding planning; and digital marketing and E-commerce. The company has carried out business operations only in the segment of Vocational Education.

Ironwood Education (BOM:508918) Headlines

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