Glorious Sun Enterprises (FRA:GLV) PB Ratio : 0.56 (As of Jun. 17, 2024)

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What is Glorious Sun Enterprises 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 (2024-06-17), Glorious Sun Enterprises's share price is €0.103. Glorious Sun Enterprises's Book Value per Share for the quarter that ended in Dec. 2023 was €0.18. Hence, Glorious Sun Enterprises's PB Ratio of today is 0.56.

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

FRA:GLV' s PB Ratio Range Over the Past 10 Years
Min: 0.43 Med: 0.53 Max: 0.92
Current: 0.56

During the past 13 years, Glorious Sun Enterprises's highest PB Ratio was 0.92. The lowest was 0.43. And the median was 0.53.

FRA:GLV's PB Ratio is ranked better than
88.81% of 1028 companies
in the Business Services industry
Industry Median: 1.755 vs FRA:GLV: 0.56

During the past 12 months, Glorious Sun Enterprises's average Book Value Per Share Growth Rate was -1.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -2.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -0.70% 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 Glorious Sun Enterprises was 10.90% per year. The lowest was -8.40% per year. And the median was 0.60% per year.

Back to Basics: PB Ratio

Glorious Sun Enterprises PB Ratio Historical Data

The historical data trend for Glorious Sun Enterprises'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.

Glorious Sun Enterprises PB Ratio Chart

Glorious Sun Enterprises Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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0.47

0.42

0.45

0.40

0.45

Glorious Sun Enterprises 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															0.45	0.43	0.40	0.41	0.45

Competitive Comparison of Glorious Sun Enterprises's PB Ratio

For the Consulting Services subindustry, Glorious Sun Enterprises'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.

Glorious Sun Enterprises's PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Glorious Sun Enterprises's PB Ratio distribution charts can be found below:

* The bar in red indicates where Glorious Sun Enterprises's PB Ratio falls into.

Glorious Sun Enterprises 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.

Glorious Sun Enterprises's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	0.103	/	0.184
	=	0.56

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.

Glorious Sun Enterprises (FRA:GLV) 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.

Glorious Sun Enterprises PB Ratio Related Terms

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Glorious Sun Enterprises (FRA:GLV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Glorious Sun Enterprises Ltd (FRA:GLV) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

00393:Hong Kong

Address

1 Wang Yuen Street, 38th Floor, One Kowloon, Kowloon Bay, HKG

Website

https://www.glorisun.com

Glorious Sun Enterprises Ltd is an investment holding company engaged in financial investments, interior decoration and renovation, and export and retailing of casual wear. It is engaged in the business segments of Financial investments; Interior decoration and renovation; Export operations; Retail, franchise, and others. The interior decoration and renovation segment, which is the key revenue-generating segment, engages in the interior decoration and renovation, and the sale of the furniture business. The group derives revenue from Mainland China, Hong Kong, Australia and New Zealand, the U.S., Canada, and other countries.