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Miramar Hotel & Investment Co (HKSE:00071) Book Value per Share : HK$29.65 (As of Dec. 2023)


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What is Miramar Hotel & Investment Co Book Value per Share?

Miramar Hotel & Investment Co's book value per share for the quarter that ended in Dec. 2023 was HK$29.65.

During the past 12 months, Miramar Hotel & Investment Co's average Book Value Per Share Growth Rate was 2.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 1.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 3.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Miramar Hotel & Investment Co was 16.50% per year. The lowest was 0.10% per year. And the median was 6.75% per year.

Miramar Hotel & Investment Co's current price is HK$10.14. Its book value per share for the quarter that ended in Dec. 2023 was HK$29.65. Hence, today's PB Ratio of Miramar Hotel & Investment Co is 0.34.

During the past 13 years, the highest P/B Ratio of Miramar Hotel & Investment Co was 0.73. The lowest was 0.33. And the median was 0.52.

Good Sign:

Miramar Hotel & Investment Co Ltd stock PB Ratio (=0.34) is close to 10-year low of 0.33


Miramar Hotel & Investment Co Book Value per Share Historical Data

The historical data trend for Miramar Hotel & Investment Co's Book Value per Share 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.

Miramar Hotel & Investment Co Book Value per Share Chart

Miramar Hotel & Investment Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.77 28.73 28.77 28.90 29.65

Miramar Hotel & Investment Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28.77 28.76 28.90 29.02 29.65

Competitive Comparison of Miramar Hotel & Investment Co's Book Value per Share

For the Real Estate Services subindustry, Miramar Hotel & Investment Co's PB Ratio, along with its competitors' market caps and PB Ratio 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.


Miramar Hotel & Investment Co's PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Miramar Hotel & Investment Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Miramar Hotel & Investment Co's PB Ratio falls into.



Miramar Hotel & Investment Co Book Value per Share Calculation

Miramar Hotel & Investment Co's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(20,485-0)/691
=29.65

Miramar Hotel & Investment Co's Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(20,485-0)/691
=29.65

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


Miramar Hotel & Investment Co  (HKSE:00071) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Miramar Hotel & Investment Co Book Value per Share Related Terms

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Miramar Hotel & Investment Co (HKSE:00071) Business Description

Traded in Other Exchanges
N/A
Address
132 Nathan Road, 15th Floor, Mira Place Tower A, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
Miramar Hotel & Investment Co Ltd is an investment holding company. It operates in five segments: Property rental, which includes leasing of office and retail premises to generate rental income and to gain from the appreciation in properties values in the long term; Hotels & serviced apartments segment operates hotels and serviced apartments and provision of hotel management services; Food & beverage operation segment operates restaurants; Travel operation segment is engaged in the operation of travel agency services; and Others. Its geographical segments are Hong Kong and China, of which Hong Kong accounts for the majority of its revenue.

Miramar Hotel & Investment Co (HKSE:00071) Headlines

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