Advtech (JSE:ADH) PB Ratio : 2.69 (As of May. 26, 2024)

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What is Advtech 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 (2024-05-26), Advtech's share price is R26.77. Advtech's Book Value per Share for the quarter that ended in Dec. 2023 was R9.94. Hence, Advtech's PB Ratio of today is 2.69.

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

JSE:ADH' s PB Ratio Range Over the Past 10 Years
Min: 0.95 Med: 2.88 Max: 6.5
Current: 2.69

During the past 13 years, Advtech's highest PB Ratio was 6.50. The lowest was 0.95. And the median was 2.88.

JSE:ADH's PB Ratio is ranked worse than
71.43% of 252 companies
in the Education industry
Industry Median: 1.53 vs JSE:ADH: 2.69

During the past 12 months, Advtech's average Book Value Per Share Growth Rate was 10.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 12.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 12.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 15.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Advtech was 33.90% per year. The lowest was 6.90% per year. And the median was 13.20% per year.

Back to Basics: PB Ratio

Advtech PB Ratio Historical Data

The historical data trend for Advtech'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.

Advtech PB Ratio Chart

Advtech Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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1.74

1.37

2.18

2.02

2.47

Advtech Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial															2.18	2.05	2.02	1.94	2.47

Competitive Comparison of Advtech's PB Ratio

For the Education & Training Services subindustry, Advtech'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.

Advtech's PB Ratio Distribution in the Education Industry

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

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

Advtech 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.

Advtech's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	26.77	/	9.941
	=	2.69

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.

Advtech (JSE:ADH) 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.

Advtech PB Ratio Related Terms

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

Advtech (JSE:ADH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Advtech Ltd (JSE:ADH) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

54 Wierda Road West, ADvTECH House, Inanda Greens Office Park, Building 7, Wierda Valley, Sandton, Johannesburg, GT, ZAF, 2196

Website

https://www.advtech.co.za

Advtech Ltd is a South Africa-based company engaged in education and training services. The company has three primary business segments, Schools, Tertiary, and Resourcing. The Schools segment offers pre-primary, primary, and secondary educations services. The Tertiary segment provides diploma, degree, and post-graduate services. The Resourcing segment provides permanent, temporary, and contract staffing solutions. These staffing positions are in several areas such as information technology, network finance, accounting and finance, engineering, and advertising.

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