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Sun Hung Kai Properties (Sun Hung Kai Properties) PB Ratio : 0.35 (As of Apr. 29, 2024)


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What is Sun Hung Kai 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 (2024-04-29), Sun Hung Kai Properties's share price is $9.283. Sun Hung Kai Properties's Book Value per Share for the quarter that ended in Dec. 2023 was $26.61. Hence, Sun Hung Kai Properties's PB Ratio of today is 0.35.

Good Sign:

Sun Hung Kai Properties Ltd stock PB Ratio (=0.35) is close to 10-year low of 0.34

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

SUHJY' s PB Ratio Range Over the Past 10 Years
Min: 0.34   Med: 0.61   Max: 0.88
Current: 0.35

During the past 13 years, Sun Hung Kai Properties's highest PB Ratio was 0.88. The lowest was 0.34. And the median was 0.61.

SUHJY's PB Ratio is ranked better than
79.3% of 1754 companies
in the Real Estate industry
Industry Median: 0.79 vs SUHJY: 0.35

During the past 12 months, Sun Hung Kai Properties's average Book Value Per Share Growth Rate was 1.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 4.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Sun Hung Kai Properties was 15.20% per year. The lowest was -0.10% per year. And the median was 6.10% per year.

Back to Basics: PB Ratio


Sun Hung Kai Properties PB Ratio Historical Data

The historical data trend for Sun Hung Kai 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.

Sun Hung Kai Properties PB Ratio Chart

Sun Hung Kai Properties Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.68 0.50 0.57 0.45 0.48

Sun Hung Kai 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.45 0.45 0.51 0.48 0.41

Competitive Comparison of Sun Hung Kai Properties's PB Ratio

For the Real Estate - Development subindustry, Sun Hung Kai 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.


Sun Hung Kai Properties's PB Ratio Distribution in the Real Estate Industry

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

* The bar in red indicates where Sun Hung Kai Properties's PB Ratio falls into.



Sun Hung Kai 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.

Sun Hung Kai Properties's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=9.283/26.613
=0.35

* 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.

It can also be calculated from the numbers for the whole company:

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.


Sun Hung Kai Properties  (OTCPK:SUHJY) 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.


Sun Hung Kai Properties PB Ratio Related Terms

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


Sun Hung Kai Properties (Sun Hung Kai Properties) Business Description

Traded in Other Exchanges
Address
30 Harbour Road, 45th Floor, Sun Hung Kai Centre, Hong Kong, HKG
Sun Hung Kai Properties is a diversified real estate developer in Hong Kong with a core focus on the residential, retail and office real estate segment. Most of its business is based in Hong Kong where it is a leading private housing developer and holds a portfolio of high-quality retail and office assets for rental income. The company also invests in other listed entities, including telecommunication company, SmarTone and data center provider, SUNeVision. The Kwok family is the controlling shareholder, with a stake of more than 40%.

Sun Hung Kai Properties (Sun Hung Kai Properties) Headlines

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