Power Assets Holdings (Power Assets Holdings) PB Ratio : 1.08 (As of Apr. 26, 2024)

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What is Power Assets 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 (2024-04-26), Power Assets Holdings's share price is $5.778. Power Assets Holdings's Book Value per Share for the quarter that ended in Dec. 2023 was $5.33. Hence, Power Assets Holdings's PB Ratio of today is 1.08.

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

HGKGY' s PB Ratio Range Over the Past 10 Years
Min: 0.88 Med: 1.25 Max: 2.65
Current: 1.08

During the past 13 years, Power Assets Holdings's highest PB Ratio was 2.65. The lowest was 0.88. And the median was 1.25.

HGKGY's PB Ratio is ranked better than
56.07% of 412 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.215 vs HGKGY: 1.08

During the past 12 months, Power Assets Holdings's average Book Value Per Share Growth Rate was 2.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 1.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -1.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Power Assets Holdings was 28.60% per year. The lowest was -12.20% per year. And the median was 1.60% per year.

Back to Basics: PB Ratio

Power Assets Holdings PB Ratio Historical Data

The historical data trend for Power Assets 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.

Power Assets Holdings PB Ratio Chart

Power Assets Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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1.43

1.03

1.20

1.09

1.05

Power Assets 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															1.20	1.21	1.09	1.01	1.05

Competitive Comparison of Power Assets Holdings's PB Ratio

For the Utilities - Independent Power Producers subindustry, Power Assets 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.

Power Assets Holdings's PB Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Power Assets Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where Power Assets Holdings's PB Ratio falls into.

Power Assets 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.

Power Assets Holdings's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	5.778	/	5.333
	=	1.08

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.

Power Assets Holdings (OTCPK:HGKGY) 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.

Power Assets Holdings PB Ratio Related Terms

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Power Assets Holdings (Power Assets Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Power Assets Holdings Ltd (OTCPK:HGKGY) » Definitions » PB Ratio

Traded in Other Exchanges

HGKGF:USA 00006:Hong Kong HEH:Germany

Address

2 Queen's Road Central, Unit 2005, 20th Floor, Cheung Kong Center, Hong Kong, HKG

Website

https://www.powerassets.com

Power Assets Holdings is an investment holding company with a focus on regulated utility assets. The firm owns a portfolio of regulated electricity and gas assets and similarly stable utilities in Hong Kong, the U.K., Australia, Canada, Europe, and New Zealand. Profit from its regulated assets make up around 80% of total income, with contribution from its U.K. and Australian assets totaling more than 60% of group profit. The firm is part of CK Hutchison Holdings, a Hong Kong-based multinational conglomerate, and is currently 36% owned by CK Infrastructure Holdings.