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Ruffer Investment Co (LSE:RICA) PB Ratio : 0.96 (As of May. 27, 2024)


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What is Ruffer Investment Co 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), Ruffer Investment Co's share price is £2.74. Ruffer Investment Co's Book Value per Share for the quarter that ended in Dec. 2023 was £2.86. Hence, Ruffer Investment Co's PB Ratio of today is 0.96.

Good Sign:

Ruffer Investment Co Ltd stock PB Ratio (=0.96) is close to 10-year low of 0.91

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

LSE:RICA' s PB Ratio Range Over the Past 10 Years
Min: 0.91   Med: 1.2   Max: 3.58
Current: 0.96

During the past 13 years, Ruffer Investment Co's highest PB Ratio was 3.58. The lowest was 0.91. And the median was 1.20.

LSE:RICA's PB Ratio is ranked worse than
50.83% of 1690 companies
in the Asset Management industry
Industry Median: 0.95 vs LSE:RICA: 0.96

During the past 12 months, Ruffer Investment Co's average Book Value Per Share Growth Rate was -7.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -31.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -20.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Ruffer Investment Co was -11.80% per year. The lowest was -31.70% per year. And the median was -22.00% per year.

Back to Basics: PB Ratio


Ruffer Investment Co PB Ratio Historical Data

The historical data trend for Ruffer Investment Co'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.

Ruffer Investment Co PB Ratio Chart

Ruffer Investment Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.96 0.98 1.82 2.82 3.52

Ruffer Investment Co 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 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 1.02 2.82 1.01 3.52 0.96

Competitive Comparison of Ruffer Investment Co's PB Ratio

For the Asset Management subindustry, Ruffer Investment Co'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.


Ruffer Investment Co's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Ruffer Investment Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Ruffer Investment Co's PB Ratio falls into.



Ruffer Investment Co 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.

Ruffer Investment Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=2.74/2.855
=0.96

* 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.


Ruffer Investment Co  (LSE:RICA) 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.


Ruffer Investment Co PB Ratio Related Terms

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


Ruffer Investment Co (LSE:RICA) Business Description

Traded in Other Exchanges
Address
1 Royal Plaza, Royal Avenue, Saint Peter Port, GGY, GY1 2HL
Ruffer Investment Co Ltd is a closed-end investment company. Its principal objective is to achieve a positive total annual return. The company adopts a stock picking approach and invests across a broad range of assets, geographies and sectors including listed or quoted equities or equity related securities, options, and bonds which are issued by corporate issuers, supra-nationals or government organizations and investment in funds. It uses derivatives, including futures, options, swap agreements, structured products, warrants and forward currency contracts, for efficient portfolio management. The major part of the company's revenue comes from investment income such as dividend and interest.

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