Harvest Technology (MAL:HRV) PB Ratio : 1.91 (As of May. 27, 2024)

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What is Harvest Technology 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), Harvest Technology's share price is €1.18. Harvest Technology's Book Value per Share for the quarter that ended in Dec. 2023 was €0.62. Hence, Harvest Technology's PB Ratio of today is 1.91.

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

MAL:HRV' s PB Ratio Range Over the Past 10 Years
Min: 1.06 Med: 2.53 Max: 3.3
Current: 1.91

During the past 5 years, Harvest Technology's highest PB Ratio was 3.30. The lowest was 1.06. And the median was 2.53.

MAL:HRV's PB Ratio is not ranked
in the Software industry.
Industry Median: 2.66 vs MAL:HRV: 1.91

During the past 12 months, Harvest Technology's average Book Value Per Share Growth Rate was 3.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.30% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Harvest Technology was 9.60% per year. The lowest was 5.30% per year. And the median was 7.45% per year.

Back to Basics: PB Ratio

Harvest Technology PB Ratio Historical Data

The historical data trend for Harvest Technology'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.

Harvest Technology PB Ratio Chart

Harvest Technology Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

2.79

2.47

2.41

1.94

Harvest Technology Semi-Annual Data
	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial					2.47	2.03	2.41	2.35	1.94

Competitive Comparison of Harvest Technology's PB Ratio

For the Information Technology Services subindustry, Harvest Technology'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.

Harvest Technology's PB Ratio Distribution in the Software Industry

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

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

Harvest Technology 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.

Harvest Technology's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	1.18	/	0.618
	=	1.91

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.

Harvest Technology (MAL:HRV) 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.

Harvest Technology PB Ratio Related Terms

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Harvest Technology (MAL:HRV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Harvest Technology PLC (MAL:HRV) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Valletta Road, Nineteen Twenty Three, Marsa, MLT, MRS 3000

Website

https://www.harvest.tech

Harvest Technology PLC is an investment and holding company. It provides delivery of business solutions and technology (including integrated and automated solutions) and payment solutions and related services. The company's portfolio consists of entities delivering systems engineering, security solutions, e-commerce platforms, electronic payments solutions, networking and system maintenance, automation products, product development and IT outsourcing. The Group operates two business activities which are the sale of payment processing services and the provision of IT solutions and security systems.

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