Hang Lung Properties (Hang Lung Properties) PB Ratio : 0.27 (As of Apr. 25, 2024)

View and export this data going back to 2009. Start your Free Trial

What is Hang Lung Properties 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 (2024-04-25), Hang Lung Properties's share price is $1.02. Hang Lung Properties's Book Value per Share for the quarter that ended in Dec. 2023 was $3.77. Hence, Hang Lung Properties's PB Ratio of today is 0.27.

Good Sign:

Hang Lung Properties Ltd stock PB Ratio (=0.29) is close to 10-year low of 0.27

The historical rank and industry rank for Hang Lung Properties's PB Ratio or its related term are showing as below:

HLPPF' s PB Ratio Range Over the Past 10 Years
Min: 0.27 Med: 0.61 Max: 1.15
Current: 0.27

During the past 13 years, Hang Lung Properties's highest PB Ratio was 1.15. The lowest was 0.27. And the median was 0.61.

HLPPF's PB Ratio is ranked better than
84.1% of 1755 companies
in the Real Estate industry
Industry Median: 0.78 vs HLPPF: 0.27

During the past 12 months, Hang Lung Properties's average Book Value Per Share Growth Rate was -0.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -1.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -0.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 0.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Hang Lung Properties was 19.60% per year. The lowest was -10.50% per year. And the median was 2.70% per year.

Back to Basics: PB Ratio

Hang Lung Properties PB Ratio Historical Data

The historical data trend for Hang Lung Properties'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.

Hang Lung Properties PB Ratio Chart

Hang Lung Properties Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

Get a 7-Day Free Trial

0.56

0.64

0.50

0.48

0.36

Hang Lung Properties 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															0.50	0.48	0.48	0.44	0.36

Competitive Comparison of Hang Lung Properties's PB Ratio

For the Real Estate Services subindustry, Hang Lung Properties'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.

Hang Lung Properties's PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Hang Lung Properties's PB Ratio distribution charts can be found below:

* The bar in red indicates where Hang Lung Properties's PB Ratio falls into.

Hang Lung Properties 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.

Hang Lung Properties's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	1.02	/	3.768
	=	0.27

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.

Hang Lung Properties (OTCPK:HLPPF) 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.

Hang Lung Properties PB Ratio Related Terms

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

Hang Lung Properties (Hang Lung Properties) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Hang Lung Properties Ltd (OTCPK:HLPPF) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

HLPPY:USA 00101:Hong Kong AOP:Germany

Address

4 Des Voeux Road Central, 28th Floor, Standard Chartered Bank Building, Hong Kong, HKG

Website

https://www.hanglung.com

Hung Lung Properties is the property arm of Hang Lung Group. The company primarily operates in Hong Kong and China where it develops and invests in a portfolio of commercial properties for rental income as well as develop residential properties for sale. Most of its revenue is generated in China where it focuses on retail malls in Tier 1 and 2 cities such as Shanghai, Wuxi, Hangzhou, Wuhan, Kunming Jinan, Dalian, Shenyang, and Tianjin. As such, investors view the company as a proxy for China's overall retail growth. The company is 59% owned by Hang Lung Group, and led by Ronnie Chan, who has been the chairman of the company since 1991.