Price to Book ratio Analysis of abrdn IN Credit Strategies FND (PFD- A) - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY PB
Period Ending - Oct-23
Very Good PB
0.916
Period Ending - Oct-22
Very Poor PB
3.46
Growth
-73.50 %
Trailing Twelve Months PB
Period Ending - Oct-23
Very Poor PB
3.39
Most recent Quarter PB
Period Ending - Oct-23
Very Poor PB
3.39
PB Analysis of abrdn IN Credit Strategies FND (PFD- A)
| P/B Ratio of abrdn IN Credit Strategies FND (PFD- A) with value of 3.39 shows that company is trading much above Book value and may be risky. |
| PB Ratio of ACP-PA drastically fell by -73.50 % this year. |
| PB Ratio with value of 3.46 was highest in Year Oct-22 in last Five Years. |
| PB Ratio with value of 0.916 was lowest in Year Oct-23 in last Five Years. |
| Latest PB Ratio with value of 0.916 is lower than Average PB of 2.30 in last five years. |
Other PB Related Info of ACP-PA that may interest you.
abrdn IN Credit Strategies FND (PFD- A) Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| ACP-PA | 24.76 | 24.49 | 1.10 % |
Defination of Price to Book
Price to book value essentially determines the value given by the market for each rupee of the company's net worth. Book value refers to how much an investor would receive if the company sold off its assets and paid all its debts. Book value shows the actual value of the company. more ..
PB Related Ratios
| PriceToEarningRatio | PriceToSalesRatio | ReturnOnEquity |
Tsr Value Index
| Low Value Stock | |
FY - Historical Price to Book of abrdn IN Credit Strategies FND (PFD- A)
| Period | Oct-23 | Oct-22 | Oct-21 | Oct-20 | Oct-19 | Oct-18 | Oct-17 |
|---|---|---|---|---|---|---|---|
| PB | 0.916 | 3.46 | 2.37 | 2.87 | 1.91 | 1.73 | 1.62 |
| Change | -73.50 % | 45.86 % | -17.45 % | 50.28 % | 10.12 % | 7.04 % |
FY Chart of Price to Book of abrdn IN Credit Strategies FND (PFD- A)
Note : All Data Generated at the End of Trading Hours (EOD Data)