GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Barka Desalination Co (MUS:BRDE) » Definitions » PB Ratio

Barka Desalination Co (MUS:BRDE) PB Ratio : 0.52 (As of May. 25, 2024)


View and export this data going back to 2022. Start your Free Trial

What is Barka Desalination 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 (2024-05-25), Barka Desalination Co's share price is ر.ع0.124. Barka Desalination Co's Book Value per Share for the quarter that ended in Dec. 2023 was ر.ع0.24. Hence, Barka Desalination Co's PB Ratio of today is 0.52.

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

MUS:BRDE' s PB Ratio Range Over the Past 10 Years
Min: 0.47   Med: 0.56   Max: 0.97
Current: 0.52

During the past 3 years, Barka Desalination Co's highest PB Ratio was 0.97. The lowest was 0.47. And the median was 0.56.

MUS:BRDE's PB Ratio is ranked better than
86.3% of 511 companies
in the Utilities - Regulated industry
Industry Median: 1.41 vs MUS:BRDE: 0.52

During the past 12 months, Barka Desalination Co's average Book Value Per Share Growth Rate was -3.60% per year.

Back to Basics: PB Ratio


Barka Desalination Co PB Ratio Historical Data

The historical data trend for Barka Desalination 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.

Barka Desalination Co PB Ratio Chart

Barka Desalination Co Annual Data
Trend Dec21 Dec22 Dec23
PB Ratio
- 0.56 0.49

Barka Desalination Co Semi-Annual Data
Dec21 Dec22 Dec23
PB Ratio - 0.56 0.49

Competitive Comparison of Barka Desalination Co's PB Ratio

For the Utilities - Regulated Water subindustry, Barka Desalination 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.


Barka Desalination Co's PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Barka Desalination Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Barka Desalination Co's PB Ratio falls into.



Barka Desalination 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.

Barka Desalination Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=0.124/0.238
=0.52

* 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.


Barka Desalination Co  (MUS:BRDE) 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.


Barka Desalination Co PB Ratio Related Terms

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


Barka Desalination Co (MUS:BRDE) Business Description

Traded in Other Exchanges
N/A
Address
Al Wilaj Street, Way No 1013 Al Qurm, PO Box 252, Building No 1022, Office No 16, 1st Floor, Bousher, Muscat, OMN, 103
Barka Desalination Co is engaged in operation of seawater desalination plant in Oman. The objectives of the Company are to acquire, develop, finance, design, construct, operate, maintain a desalination facility at Barka Independent Water Project, a sea water reverse osmosis (SWRO) plant located in Barka, South Batinah Governorate, Sultanate of Oman.

Barka Desalination Co (MUS:BRDE) Headlines

No Headlines