Turners Automotive Group Ltd
NZX:TRA
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P/B
Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.
Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.
Valuation Scenarios
If P/B returns to its 3-Year Average (1.4), the stock would be worth NZ$4.86 (43% downside from current price).
| Scenario | P/B Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 2.5 | NZ$8.53 |
0%
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| 3-Year Average | 1.4 | NZ$4.86 |
-43%
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| 5-Year Average | 1.4 | NZ$4.68 |
-45%
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| Industry Average | 0.9 | NZ$3.11 |
-63%
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| Country Average | 1.8 | NZ$5.99 |
-30%
|
Forward P/B
Today’s price vs future total equity
Peer Comparison
| Market Cap | P/B | P/E | ||||
|---|---|---|---|---|---|---|
| NZ |
|
Turners Automotive Group Ltd
NZX:TRA
|
771.6m NZD | 2.5 | 18.8 | |
| US |
|
Carvana Co
NYSE:CVNA
|
88.7B USD | 25.8 | 63.1 | |
| US |
|
O'Reilly Automotive Inc
NASDAQ:ORLY
|
77.1B USD | -101 | 30.4 | |
| US |
|
Autozone Inc
NYSE:AZO
|
58.9B USD | -20.2 | 24.1 | |
| ZA |
M
|
Motus Holdings Ltd
JSE:MTH
|
19.6B ZAR | 1 | 7.3 | |
| US |
|
Penske Automotive Group Inc
NYSE:PAG
|
10.6B USD | 1.9 | 11.4 | |
| US |
|
Murphy Usa Inc
NYSE:MUSA
|
9.7B USD | 15.5 | 20.5 | |
| TW |
|
Hotai Motor Co Ltd
TWSE:2207
|
271.3B TWD | 3.1 | 14.4 | |
| BR |
|
Vibra Energia SA
BOVESPA:VBBR3
|
36.7B BRL | 1.8 | 18.7 | |
| US |
|
AutoNation Inc
NYSE:AN
|
7.1B USD | 3 | 11 | |
| US |
|
Lithia Motors Inc
NYSE:LAD
|
6.5B USD | 1 | 7.9 |
Market Distribution
| Min | 0.3 |
| 30th Percentile | 1 |
| Median | 1.8 |
| 70th Percentile | 3.4 |
| Max | 11.6 |
Other Multiples
Turners Automotive Group Ltd
Glance View
Turners Automotive Group Ltd. engages in the provision of loans, insurance products, and credit collection services. The firm's segments include Auctions & Fleet, which is engaged in remarketing (motor vehicles, trucks, heavy machinery and commercial goods) and purchasing goods for sale and related asset-based finance to consumers; Collection services, which provides collection services, and debt recovery services to the corporate and small and medium-sized enterprise (SME) sectors in New Zealand and Australia; Finance, which provides asset-based secured finance to consumers and SME's; Insurance, which markets and administrates a range of life and consumer insurance and superannuation products, and Corporate & other.