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NNRF (NNRI) PB Ratio : 0.39 (As of May. 11, 2024)


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What is NNRF 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 (2024-05-11), NNRF's share price is $0.0035. NNRF's Book Value per Share for the quarter that ended in Sep. 2023 was $0.01. Hence, NNRF's PB Ratio of today is 0.39.

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

NNRI' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.82
Current: 0.35

During the past 0 years, NNRF's highest PB Ratio was 0.82. The lowest was 0.00. And the median was 0.00.

NNRI's PB Ratio is ranked better than
95.5% of 1689 companies
in the Asset Management industry
Industry Median: 0.95 vs NNRI: 0.35

Back to Basics: PB Ratio


NNRF PB Ratio Historical Data

The historical data trend for NNRF'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.

NNRF PB Ratio Chart

NNRF Annual Data
Trend
PB Ratio

NNRF Quarterly Data
Sep22 Sep23
PB Ratio - 1.11

Competitive Comparison of NNRF's PB Ratio

For the Asset Management subindustry, NNRF'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.


NNRF's PB Ratio Distribution in the Asset Management Industry

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

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



NNRF 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2023)
=0.0035/0.009
=0.39

* 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.


NNRF  (OTCPK:NNRI) 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.


NNRF PB Ratio Related Terms

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


NNRF (NNRI) Business Description

Traded in Other Exchanges
N/A
Address
2475 Hiko Avenue, Reno, NV, USA, 89512
NNRF Inc is a project development and asset management company focused on environmental, agricultural, and nutraceutical fields. It is positioning itself as an eco-friendly holding company. The company aims to become a diversified holding company, maximizing shareholders' value and enabling economic development with a specific focus on emerging green markets. It looks to build value by targeting companies that are positioned to grow as the world moves to invest in and develop green technologies, green energy, and healthier living and lifestyles.

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