2004 16 Bank BII Maybank 56% 4.7 March 2008 Note: *) PBV:
price to book value (book value) Source: Data Consult/ICN
Because of the dichotomous grouping of companies, the total sample of "brand value" and "zero brand value" companies allow for tests of the representational faithfulness of balance sheets, as represented by variations in
price to book value ratios.
On
price to book value, he said: "At 0.7x it is below the average of 1.2x for Emirati banks, which is understandable since investors are cautious about the asset quality."
Based on the nine-month 2009 results, HB's share price is trading at a
price to book value of 0.78 times, which indicates the share price, currently trading at EUR 1.25, is around 25% undervalued compared to its book value of EUR 1.62/share.
The bank is trading at a price earnings multiple of 18.15 times and a
price to book value of 2.25.
The first sample drawn from this database included companies with the 200 highest and the 200 lowest market
price to book value ratios (PRBV).
Jolibee is trading at 1.3 times its 2013
price to book value, which is inexpensive for the hefty earnings growth.
Banking***PE and
Price to Book Value (PBV) or Adjusted PBV multiple***
Currently BisB is trading at a price earning ratio of 7.57 times and
price to book value of 1.60 times making it an attractive investment proposition.
The stock is trading at 9x 2013 Price to Earnings Ratio and 0.60x
Price to Book Value. With above estimates results during 2012, we believe analysts will be looking to revisit their recommendation to reflect Air Arabia strong results."
It notes Emaar is currently trading at a price to earnings multiple of 7.42 and a
price to book value ratio of of 1.30.
With a price earnings ratio of 9.9x and a
price to book value of 0.7x makes this a top pick.