Kowloon Development Co (HKSE:00034) PB Ratio : 0.36 (As of May. 06, 2024)

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What is Kowloon Development Co 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 (2024-05-06), Kowloon Development Co's share price is HK$5.37. Kowloon Development Co's Book Value per Share for the quarter that ended in Jun. 2023 was HK$15.02. Hence, Kowloon Development Co's PB Ratio of today is 0.36.

The historical rank and industry rank for Kowloon Development Co's PB Ratio or its related term are showing as below:

HKSE:00034' s PB Ratio Range Over the Past 10 Years
Min: 0.24 Med: 0.37 Max: 0.7
Current: 0.36

During the past 13 years, Kowloon Development Co's highest PB Ratio was 0.70. The lowest was 0.24. And the median was 0.37.

HKSE:00034's PB Ratio is ranked better than
79.34% of 1752 companies
in the Real Estate industry
Industry Median: 0.815 vs HKSE:00034: 0.36

During the past 12 months, Kowloon Development Co's average Book Value Per Share Growth Rate was -1.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -12.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -7.80% 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 Kowloon Development Co was 30.60% per year. The lowest was -12.00% per year. And the median was 2.95% per year.

Back to Basics: PB Ratio

Kowloon Development Co PB Ratio Historical Data

The historical data trend for Kowloon Development Co'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.

Kowloon Development Co PB Ratio Chart

Kowloon Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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0.35

0.55

0.64

0.47

0.39

Kowloon Development Co 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															0.64	0.63	0.47	0.54	0.39

Competitive Comparison of Kowloon Development Co's PB Ratio

For the Real Estate - Development subindustry, Kowloon Development Co'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.

Kowloon Development Co's PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Kowloon Development Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Kowloon Development Co's PB Ratio falls into.

Kowloon Development Co 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.

Kowloon Development Co's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Jun. 2023)
	=	5.37	/	15.017
	=	0.36

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.

Kowloon Development Co (HKSE:00034) 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.

Kowloon Development Co PB Ratio Related Terms

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Kowloon Development Co (HKSE:00034) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Kowloon Development Co Ltd (HKSE:00034) » Definitions » PB Ratio

Traded in Other Exchanges

KOX:Germany

Address

750 Nathan Road, 23rd Floor, Pioneer Centre, Kowloon, Hong Kong, HKG

Website

https://www.kdc.com.hk

Kowloon Development Co Ltd is an investment holding company. It operates in three segments: Property development, which includes the development and sale of properties and interests in property development; Property investment segment includes leasing of properties to generate rental income and to gain from the appreciation in the properties' values in the long term; and Other businesses segment, which includes the financial investments, the provision of financial services, the provision of property management services and treasury operations. The company generates the majority of its revenue from the sale of properties. Its geographical segments are Hong Kong, which accounts for the majority of revenue; Mainland China; and Others.

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