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Prime Financial Group (ASX:PFG) Price-to-Tangible-Book : (As of Jun. 08, 2024)


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What is Prime Financial Group Price-to-Tangible-Book?

As of today (2024-06-08), Prime Financial Group's share price is A$0.205. Prime Financial Group's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$-0.01. Hence, Prime Financial Group's Price to Tangible Book Ratio of today is .

The historical rank and industry rank for Prime Financial Group's Price-to-Tangible-Book or its related term are showing as below:

During the past 13 years, Prime Financial Group's highest Price to Tangible Book Ratio was 8.33. The lowest was 1.64. And the median was 6.25.

ASX:PFG's Price-to-Tangible-Book is not ranked *
in the Asset Management industry.
Industry Median: 0.95
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Prime Financial Group's share price is A$0.205. Prime Financial Group's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$0.22. Hence, Prime Financial Group's P/B Ratio of today is 0.93.


Prime Financial Group Price-to-Tangible-Book Historical Data

The historical data trend for Prime Financial Group's Price-to-Tangible-Book 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.

Prime Financial Group Price-to-Tangible-Book Chart

Prime Financial Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Price-to-Tangible-Book
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Prime Financial Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Prime Financial Group's Price-to-Tangible-Book

For the Asset Management subindustry, Prime Financial Group's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.


Prime Financial Group's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Prime Financial Group's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Prime Financial Group's Price-to-Tangible-Book falls into.



Prime Financial Group Price-to-Tangible-Book Calculation

Prime Financial Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=0.205/-0.009
=

* 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 PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


Prime Financial Group Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Prime Financial Group's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Prime Financial Group (ASX:PFG) Business Description

Traded in Other Exchanges
N/A
Address
40 City Road, Level 17, HWT Tower, Southbank, Melbourne, VIC, AUS, 3006
Prime Financial Group Ltd is an integrated accounting and business advisory, wealth management, and capital advisory company for business owners and family groups. It offers services accounting and tax compliance, start-up services, SME advisory, director and board services, life insurance, estate planning, lending and finance, transaction and restructuring services, superannuation, and others. Its segments are Accounting and Business Advisory plus Capital and the other to Wealth Management and Self- Managed Superannuation (SMSF). The company generates the majority of its revenue from Accounting and Business Advisory plus Capital.