SSY Group (HKSE:02005) PB Ratio : 2.01 (As of May. 21, 2024)

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What is SSY Group 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 (2024-05-21), SSY Group's share price is HK$4.70. SSY Group's Book Value per Share for the quarter that ended in Dec. 2023 was HK$2.34. Hence, SSY Group's PB Ratio of today is 2.01.

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

HKSE:02005' s PB Ratio Range Over the Past 10 Years
Min: 1.43 Med: 2.92 Max: 7.7
Current: 2.01

During the past 13 years, SSY Group's highest PB Ratio was 7.70. The lowest was 1.43. And the median was 2.92.

HKSE:02005's PB Ratio is ranked worse than
50.37% of 957 companies
in the Drug Manufacturers industry
Industry Median: 2.04 vs HKSE:02005: 2.01

During the past 12 months, SSY Group's average Book Value Per Share Growth Rate was 11.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 7.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 10.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 10.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of SSY Group was 36.90% per year. The lowest was -1.30% per year. And the median was 11.90% per year.

Back to Basics: PB Ratio

SSY Group PB Ratio Historical Data

The historical data trend for SSY Group'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.

SSY Group PB Ratio Chart

SSY Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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3.84

2.36

1.94

2.06

2.12

SSY Group 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															1.94	2.02	2.06	2.34	2.12

Competitive Comparison of SSY Group's PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, SSY Group'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.

SSY Group's PB Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, SSY Group's PB Ratio distribution charts can be found below:

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

SSY Group 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.

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

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	4.70	/	2.335
	=	2.01

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.

SSY Group (HKSE:02005) 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.

SSY Group PB Ratio Related Terms

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SSY Group (HKSE:02005) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » SSY Group Ltd (HKSE:02005) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Central Plaza, 18 Harbour Road, Rooms 4902-03, 49th Floor, Wanchai, Hong Kong, HKG

Website

http://www.ssygroup.com.hk

SSY Group Ltd is engaged in the research, development, manufacturing and selling of a wide range of pharmaceutical products, which includes finished medicines of mainly intravenous infusion solution and ampoule injection to hospitals and distributors, bulk pharmaceuticals and medical materials. The company has two reportable segments including intravenous infusion solution and others and medical materials. The company derives a vast majority of its revenue principally from the Intravenous infusion solution and others. Revenue generation is driven mostly by its sales of pharmaceutical products, followed by medical materials.

SSY Group (HKSE:02005) Headlines

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