Wing On Co International (HKSE:00289) PB Ratio : 0.19 (As of May. 22, 2024)

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What is Wing On Co International PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-22), Wing On Co International's share price is HK$12.04. Wing On Co International's Book Value per Share for the quarter that ended in Dec. 2023 was HK$63.21. Hence, Wing On Co International's PB Ratio of today is 0.19.

Good Sign:

Wing On Co International Ltd stock PB Ratio (=0.19) is close to 10-year low of 0.19

The historical rank and industry rank for Wing On Co International's PB Ratio or its related term are showing as below:

HKSE:00289' s PB Ratio Range Over the Past 10 Years
Min: 0.19 Med: 0.43 Max: 0.58
Current: 0.19

During the past 13 years, Wing On Co International's highest PB Ratio was 0.58. The lowest was 0.19. And the median was 0.43.

HKSE:00289's PB Ratio is ranked better than
96.89% of 1061 companies
in the Retail - Cyclical industry
Industry Median: 1.5 vs HKSE:00289: 0.19

During the past 12 months, Wing On Co International's average Book Value Per Share Growth Rate was -0.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -1.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -0.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 3.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Wing On Co International was 20.40% per year. The lowest was -1.50% per year. And the median was 7.20% per year.

Back to Basics: PB Ratio

Wing On Co International PB Ratio Historical Data

The historical data trend for Wing On Co International's PB Ratio 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.

Wing On Co International PB Ratio Chart

Wing On Co International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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0.32

0.26

0.27

0.22

0.19

Wing On Co International Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial															0.27	0.26	0.22	0.20	0.19

Competitive Comparison of Wing On Co International's PB Ratio

For the Department Stores subindustry, Wing On Co International'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.

Wing On Co International's PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Wing On Co International's PB Ratio distribution charts can be found below:

* The bar in red indicates where Wing On Co International's PB Ratio falls into.

Wing On Co International PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Wing On Co International's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	12.04	/	63.205
	=	0.19

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Wing On Co International (HKSE:00289) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

Wing On Co International PB Ratio Related Terms

Thank you for viewing the detailed overview of Wing On Co International's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Wing On Co International (HKSE:00289) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Wing On Co International Ltd (HKSE:00289) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

211 Des Voeux Road Central, 7th Floor, Wing On Centre, Hong Kong, HKG

Website

https://www.wingon.hk

Wing On Co International Ltd operates department stores. It also invests in properties. The company has two segments namely, Department Stores and Property Investment. Department stores segment operates department stores in Hong Kong, while the Property Investment segment engages in leasing commercial premises to generate rental income. Its investment property portfolio is spread across Hong Kong, Australia, and the United States of America. The firm derives most of its revenues from department stores.

Wing On Co International (HKSE:00289) Headlines

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