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Ascent Bridge (SGX:AWG) PB Ratio : 0.49 (As of Jun. 03, 2024)


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What is Ascent Bridge 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 (2024-06-03), Ascent Bridge's share price is S$0.181. Ascent Bridge's Book Value per Share for the quarter that ended in Sep. 2023 was S$0.37. Hence, Ascent Bridge's PB Ratio of today is 0.49.

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

SGX:AWG' s PB Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.61   Max: 2.43
Current: 0.49

During the past 13 years, Ascent Bridge's highest PB Ratio was 2.43. The lowest was 0.19. And the median was 0.61.

SGX:AWG's PB Ratio is ranked better than
85.75% of 2379 companies
in the Metals & Mining industry
Industry Median: 1.43 vs SGX:AWG: 0.49

During the past 12 months, Ascent Bridge's average Book Value Per Share Growth Rate was -29.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -17.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -18.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -11.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Ascent Bridge was 12.10% per year. The lowest was -21.60% per year. And the median was -2.65% per year.

Back to Basics: PB Ratio


Ascent Bridge PB Ratio Historical Data

The historical data trend for Ascent Bridge'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.

Ascent Bridge PB Ratio Chart

Ascent Bridge Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 0.69 0.90 1.05 1.35

Ascent Bridge Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep23
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 1.35 1.01 1.77 2.46 1.09

Competitive Comparison of Ascent Bridge's PB Ratio

For the Aluminum subindustry, Ascent Bridge'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.


Ascent Bridge's PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Ascent Bridge's PB Ratio distribution charts can be found below:

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



Ascent Bridge 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.

Ascent Bridge's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2023)
=0.181/0.367
=0.49

* 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.


Ascent Bridge  (SGX:AWG) 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.


Ascent Bridge PB Ratio Related Terms

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


Ascent Bridge (SGX:AWG) Business Description

Traded in Other Exchanges
N/A
Address
9 Temasek Boulevard, Number. 28-05 Suntec Tower Two, Singapore, SGP, 038989
Ascent Bridge Ltd is a manufacturer, importer, and exporter of aluminum extrusion sections, metal materials, and other products. The segments of the company are Electronics and precision engineering which comprises mainly precision aluminum extrusions that form components of sophisticated products of the high-tech electronics and precision engineering industries which generate a majority of revenue for the company; and Construction and infrastructure building segment comprises mainly public infrastructure, building construction, interior fixtures, signage, and advertising panels in the construction, civil engineering, and infrastructure building industries.

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