Tao Heung Holdings's book value per share for the quarter that ended in Dec. 2023 was HK$1.22.
During the past 12 months, Tao Heung Holdings's average Book Value Per Share Growth Rate was 1.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -7.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -6.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -3.50% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Tao Heung Holdings was 38.80% per year. The lowest was -8.60% per year. And the median was 0.80% per year.
Tao Heung Holdings's current price is HK$0.72. Its book value per share for the quarter that ended in Dec. 2023 was HK$1.22. Hence, today's PB Ratio of Tao Heung Holdings is 0.59.
During the past 13 years, the highest P/B Ratio of Tao Heung Holdings was 3.99. The lowest was 0.47. And the median was 0.81.
Good Sign:
Tao Heung Holdings Ltd stock PB Ratio (=0.59) is close to 1-year low of 0.58
Tao Heung Holdings Book Value per Share Historical Data
The historical data trend for Tao Heung Holdings's Book Value per Share 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.
Competitive Comparison of Tao Heung Holdings's Book Value per Share
For the Restaurants subindustry, Tao Heung 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.
Tao Heung Holdings's PB Ratio Distribution in the Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Tao Heung Holdings's PB Ratio distribution charts can be found below:
* The bar in red indicates where Tao Heung Holdings's PB Ratio falls into.
Tao Heung Holdings Book Value per Share Calculation
Tao Heung Holdings's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:
* 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.
Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.
Tao Heung Holdings (HKSE:00573) Book Value per Share Explanation
Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.
For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.
Tao Heung Holdings Book Value per Share Related Terms
Thank you for viewing the detailed overview of Tao Heung Holdings's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Tao Heung Holdings (HKSE:00573) Business Description
Tao Heung Holdings Ltd is a Hong Kong-based company engaged in the provision of food catering services through a chain of restaurants. It is also engaged in chilled and packaged food, bakery operations, production, sale and distribution of food products and other items related to restaurant operations and provision of poultry farm operations. Group operates restaurants under Tao heung, Tao Square, and Tai Cheong Bakery brands. The company operates businesses in Hong Kong and Mainland China of which Hong Kong accounts for a larger share of the company revenue.
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