GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Huashi Group Holdings Ltd (HKSE:01111) » Definitions » PB Ratio

Huashi Group Holdings (HKSE:01111) PB Ratio : 0.88 (As of May. 05, 2024)


View and export this data going back to 2023. Start your Free Trial

What is Huashi Group Holdings 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 (2024-05-05), Huashi Group Holdings's share price is HK$0.33. Huashi Group Holdings's Book Value per Share for the quarter that ended in Dec. 2022 was HK$0.37. Hence, Huashi Group Holdings's PB Ratio of today is 0.88.

Good Sign:

Huashi Group Holdings Ltd stock PB Ratio (=0.87) is close to 1-year low of 0.87

The historical rank and industry rank for Huashi Group Holdings's PB Ratio or its related term are showing as below:

HKSE:01111' s PB Ratio Range Over the Past 10 Years
Min: 0.87   Med: 3.09   Max: 16.4
Current: 0.89

During the past 4 years, Huashi Group Holdings's highest PB Ratio was 16.40. The lowest was 0.87. And the median was 3.09.

HKSE:01111's PB Ratio is ranked better than
69.81% of 954 companies
in the Media - Diversified industry
Industry Median: 1.465 vs HKSE:01111: 0.89

During the past 12 months, Huashi Group Holdings's average Book Value Per Share Growth Rate was 76.60% per year.

Back to Basics: PB Ratio


Huashi Group Holdings PB Ratio Historical Data

The historical data trend for Huashi Group Holdings'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.

Huashi Group Holdings PB Ratio Chart

Huashi Group Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
PB Ratio
- - - 1.26

Huashi Group Holdings Semi-Annual Data
Dec20 Dec21 Dec22 Dec23
PB Ratio - - - 1.26

Competitive Comparison of Huashi Group Holdings's PB Ratio

For the Advertising Agencies subindustry, Huashi Group Holdings'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.


Huashi Group Holdings's PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Huashi Group Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where Huashi Group Holdings's PB Ratio falls into.



Huashi Group Holdings 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.

Huashi Group Holdings's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2022)
=0.33/0.373
=0.88

* 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.

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

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.


Huashi Group Holdings  (HKSE:01111) 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.


Huashi Group Holdings PB Ratio Related Terms

Thank you for viewing the detailed overview of Huashi Group Holdings's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Huashi Group Holdings (HKSE:01111) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Phase II Shuisheng Keji Yuan, 1st Floor, Block 2 Office Building, 1 Chagang Xincun Dongyuan, Wuchang, Wuhan, CHN
Huashi Group Holdings Ltd is a branding, advertising and marketing service provider based in Hubei Province, the PRC, providing services across the entire value chain from market research through collaboration with research institutes to execution of branding, advertising and marketing projects through collaboration with different media resources suppliers so as to assist brand owners, advertisers and advertising agents in formulating and implementing effective service proposals to fulfill their promotional needs and marketing objectives, thereby further enhancing their brand reputation to targeted recipients, and improving the competitiveness and market share of their products or services.

Huashi Group Holdings (HKSE:01111) Headlines

No Headlines