Price to Book ratio Analysis of Archrock Inc - Deep Dive
Latest FY PB
Period Ending - Dec-23
Very Poor PB
3.36
Period Ending - Dec-22
Very Poor PB
3.35
Growth
0.459 %
Trailing Twelve Months PB
Period Ending - Dec-23
Very Poor PB
3.36
Most recent Quarter PB
Period Ending - Mar-24
Very Poor PB
3.29
PB Analysis of Archrock Inc
P/B Ratio of Archrock Inc with value of 3.36 shows that company is trading much above Book value and may be risky. |
PB Ratio of AROC has grown by 0.459 % Compared to previous Financial Year. |
PB Ratio of AROC trending up for at least three Years. |
PB Ratio with value of 2.38 was lowest in Year Dec-19 in last Five Years. |
Latest PB Ratio with value of 3.36 is Greater than Average PB of 3.06 in last five years. |
Other PB Related Info of AROC that may interest you.
Archrock Inc Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
AROC | 18.77 | 18.5 | 1.46 % | Oil & Gas Equipment & Services |
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 ..![Price to Book Formula Price to Book Formula](https://my.stockaio.com/help/template/FinDef/ValuationRatios/PriceToBook.jpg)
PB Related Ratios
PriceToEarningRatio | PriceToSalesRatio | ReturnOnEquity |
Tsr Value Index
No Significant Value |
FY - Historical Price to Book of Archrock Inc
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
PB | 3.36 | 3.35 | 3.18 | 3.03 | 2.38 | 2.44 | 1.78 |
Change | 0.459 % | 5.35 % | 4.95 % | 27.30 % | -2.60 % | 37.29 % | -5.99 % |
FY Chart of Price to Book of Archrock Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)