Deewin Tianxia Co (HKSE:02418) PB Ratio : 0.80 (As of May. 13, 2024)

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What is Deewin Tianxia Co 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 (2024-05-13), Deewin Tianxia Co's share price is HK$1.33. Deewin Tianxia Co's Book Value per Share for the quarter that ended in Dec. 2023 was HK$1.65. Hence, Deewin Tianxia Co's PB Ratio of today is 0.80.

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

HKSE:02418' s PB Ratio Range Over the Past 10 Years
Min: 0.42 Med: 0.82 Max: 1.32
Current: 0.81

During the past 5 years, Deewin Tianxia Co's highest PB Ratio was 1.32. The lowest was 0.42. And the median was 0.82.

HKSE:02418's PB Ratio is ranked better than
71.15% of 1248 companies
in the Vehicles & Parts industry
Industry Median: 1.46 vs HKSE:02418: 0.81

During the past 12 months, Deewin Tianxia Co's average Book Value Per Share Growth Rate was -0.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 12.10% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Deewin Tianxia Co was 25.80% per year. The lowest was 12.10% per year. And the median was 18.95% per year.

Back to Basics: PB Ratio

Deewin Tianxia Co PB Ratio Historical Data

The historical data trend for Deewin Tianxia Co'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.

Deewin Tianxia Co PB Ratio Chart

Deewin Tianxia Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

0.58

1.21

Deewin Tianxia Co Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial			-	-	0.58	1.06	1.21

Competitive Comparison of Deewin Tianxia Co's PB Ratio

For the Auto & Truck Dealerships subindustry, Deewin Tianxia 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.

Deewin Tianxia Co's PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Deewin Tianxia Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Deewin Tianxia Co's PB Ratio falls into.

Deewin Tianxia Co 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.

Deewin Tianxia Co's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	1.33	/	1.653
	=	0.80

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.

Deewin Tianxia Co (HKSE:02418) 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.

Deewin Tianxia Co PB Ratio Related Terms

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Deewin Tianxia Co (HKSE:02418) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Deewin Tianxia Co Ltd (HKSE:02418) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

29 West Section of Xijin Road, Building 1, Jingwei Centre, 16th Floor, Unit 1, Economic and Technological Development Zone, Jingwei New City, Shaanxi, Xi’an, CHN

Website

http://www.deewintx.com

Deewin Tianxia Co Ltd is principally engaged in the business of logistics and supply chain service including supply chain business, automobile sales business and aftermarket product business, supply chain financial service including financial leasing business, factoring business and insurance brokerage business, and internet of vehicle and data service in China to players along the commercial automobile industry chain. Commercial automobiles, mainly include trucks, pickups, trailers, buses and lorries.

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