Philippine Racing Club (PHS:PRC) PB Ratio : 0.47 (As of May. 23, 2024)

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What is Philippine Racing Club 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 (2024-05-23), Philippine Racing Club's share price is ₱4.91. Philippine Racing Club's Book Value per Share for the quarter that ended in Dec. 2023 was ₱10.42. Hence, Philippine Racing Club's PB Ratio of today is 0.47.

Good Sign:

Philippine Racing Club Inc stock PB Ratio (=0.47) is close to 10-year low of 0.46

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

PHS:PRC' s PB Ratio Range Over the Past 10 Years
Min: 0.46 Med: 1.26 Max: 4.27
Current: 0.47

During the past 13 years, Philippine Racing Club's highest PB Ratio was 4.27. The lowest was 0.46. And the median was 1.26.

PHS:PRC's PB Ratio is ranked better than
72.08% of 1755 companies
in the Real Estate industry
Industry Median: 0.82 vs PHS:PRC: 0.47

During the past 12 months, Philippine Racing Club's average Book Value Per Share Growth Rate was 5.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 7.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 7.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 9.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Philippine Racing Club was 34.70% per year. The lowest was 4.20% per year. And the median was 9.70% per year.

Back to Basics: PB Ratio

Philippine Racing Club PB Ratio Historical Data

The historical data trend for Philippine Racing Club'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.

Philippine Racing Club PB Ratio Chart

Philippine Racing Club Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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1.03

0.89

0.82

0.80

0.61

Philippine Racing Club Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio	Get a 7-Day Free Trial															0.80	0.57	0.66	0.72	0.61

Competitive Comparison of Philippine Racing Club's PB Ratio

For the Real Estate - Development subindustry, Philippine Racing Club'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.

Philippine Racing Club's PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Philippine Racing Club's PB Ratio distribution charts can be found below:

* The bar in red indicates where Philippine Racing Club's PB Ratio falls into.

Philippine Racing Club 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.

Philippine Racing Club's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	4.91	/	10.415
	=	0.47

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.

Philippine Racing Club (PHS:PRC) 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.

Philippine Racing Club PB Ratio Related Terms

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

Philippine Racing Club (PHS:PRC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Philippine Racing Club Inc (PHS:PRC) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Saddle and Clubs Leisure Park, Barangay Sabang, Cavite, Naic, PHL, 1207

Website

http://www.prci.com.ph

Philippine Racing Club Inc is involved in the business of operating and maintaining a racetrack covered by its franchise and managing betting stations. It is also engaged in acquiring and developing real properties including but not limited to leisure, recreational and memorial parks and owning, operating, managing and/or selling real estate. The company's reportable segment involves Real Estate Operations, Club Racing Operations, and Leasing and Sale of Food, beverages, and Services. It derives key revenue from the real estate sales activity.

Philippine Racing Club (PHS:PRC) Headlines

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