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Portman Ridge Finance (FRA:KJ7A) PB Ratio : 0.85 (As of May. 06, 2024)


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What is Portman Ridge Finance 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 (2024-05-06), Portman Ridge Finance's share price is €17.80. Portman Ridge Finance's Book Value per Share for the quarter that ended in Dec. 2023 was €20.87. Hence, Portman Ridge Finance's PB Ratio of today is 0.85.

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

FRA:KJ7A' s PB Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.78   Max: 1.35
Current: 0.85

During the past 13 years, Portman Ridge Finance's highest PB Ratio was 1.35. The lowest was 0.22. And the median was 0.78.

FRA:KJ7A's PB Ratio is ranked better than
70.31% of 1694 companies
in the Asset Management industry
Industry Median: 0.94 vs FRA:KJ7A: 0.85

During the past 12 months, Portman Ridge Finance's average Book Value Per Share Growth Rate was -6.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -7.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -11.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -11.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Portman Ridge Finance was -2.90% per year. The lowest was -17.00% per year. And the median was -10.60% per year.

Back to Basics: PB Ratio


Portman Ridge Finance PB Ratio Historical Data

The historical data trend for Portman Ridge Finance'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.

Portman Ridge Finance PB Ratio Chart

Portman Ridge Finance Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 0.59 0.85 0.89 0.78

Portman Ridge Finance 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 0.89 0.85 0.87 0.85 0.78

Competitive Comparison of Portman Ridge Finance's PB Ratio

For the Asset Management subindustry, Portman Ridge Finance'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.


Portman Ridge Finance's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Portman Ridge Finance's PB Ratio distribution charts can be found below:

* The bar in red indicates where Portman Ridge Finance's PB Ratio falls into.



Portman Ridge Finance 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.

Portman Ridge Finance's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=17.80/20.867
=0.85

* 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.


Portman Ridge Finance  (FRA:KJ7A) 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.


Portman Ridge Finance PB Ratio Related Terms

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


Portman Ridge Finance (FRA:KJ7A) Business Description

Traded in Other Exchanges
Address
650 Madison Avenue, 23rd Floor, New York, NY, USA, 10022
Portman Ridge Finance Corp Inc is a non-diversified closed-end investment company. The primary investment objective of the firm is to generate current income and capital appreciation by lending directly to privately-held middle-market companies. It invests in senior secured term loans and mezzanine debt primarily in privately-held middle market companies, asset management companies, and debt and subordinated securities.

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