Union Steel Holdings (SGX:ZB9) PB Ratio : 0.86 (As of May. 23, 2024)

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What is Union Steel 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 (2024-05-23), Union Steel Holdings's share price is S$0.60. Union Steel Holdings's Book Value per Share for the quarter that ended in Dec. 2023 was S$0.70. Hence, Union Steel Holdings's PB Ratio of today is 0.86.

Warning Sign:

Union Steel Holdings Ltd stock PB Ratio (=0.78) is close to 10-year high of 0.83

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

SGX:ZB9' s PB Ratio Range Over the Past 10 Years
Min: 0.18 Med: 0.4 Max: 0.86
Current: 0.86

During the past 13 years, Union Steel Holdings's highest PB Ratio was 0.86. The lowest was 0.18. And the median was 0.40.

SGX:ZB9's PB Ratio is ranked better than
78.88% of 232 companies
in the Waste Management industry
Industry Median: 1.605 vs SGX:ZB9: 0.86

During the past 12 months, Union Steel Holdings's average Book Value Per Share Growth Rate was 14.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 12.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -2.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Union Steel Holdings was 27.30% per year. The lowest was -10.30% per year. And the median was 2.90% per year.

Back to Basics: PB Ratio

Union Steel Holdings PB Ratio Historical Data

The historical data trend for Union Steel 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.

Union Steel Holdings PB Ratio Chart

Union Steel Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

PB Ratio

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0.19

0.24

0.38

0.41

0.42

Union Steel Holdings 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															0.37	0.41	0.35	0.42	0.46

Competitive Comparison of Union Steel Holdings's PB Ratio

For the Waste Management subindustry, Union Steel 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.

Union Steel Holdings's PB Ratio Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Union Steel Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where Union Steel Holdings's PB Ratio falls into.

Union Steel 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.

Union Steel Holdings's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	0.60	/	0.7
	=	0.86

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.

Union Steel Holdings (SGX:ZB9) 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.

Union Steel Holdings PB Ratio Related Terms

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Union Steel Holdings (SGX:ZB9) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Union Steel Holdings Ltd (SGX:ZB9) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

33 Pioneer Road North, Singapore, SGP, 628474

Website

http://www.unionsteel.com.sg

Union Steel Holdings Ltd is an investment holding company. Its operating segments are Metals that include import and export of scrap metals, trading, and leasing of metal products; Scaffolding that provides scaffolding services and related consultancy services; Engineering including civil construction and engineering work, manufacturing of motor vehicle bodies, and sale and rental of marine deck equipment; Others that include income from the rental of properties. The company generates the majority of revenue from the Metals segment. Geographically, the company operates mainly in Singapore followed by India, South Africa, Malaysia, Indonesia, Pakistan, Netherlands, and Others.

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