Harbour Centre Development (HKSE:00051) PB Ratio : 0.29 (As of May. 28, 2024)

View and export this data going back to 1971. Start your Free Trial

What is Harbour Centre Development 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 (2024-05-28), Harbour Centre Development's share price is HK$5.86. Harbour Centre Development's Book Value per Share for the quarter that ended in Dec. 2023 was HK$20.22. Hence, Harbour Centre Development's PB Ratio of today is 0.29.

Good Sign:

Harbour Centre Development Ltd stock PB Ratio (=0.29) is close to 10-year low of 0.29

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

HKSE:00051' s PB Ratio Range Over the Past 10 Years
Min: 0.29 Med: 0.58 Max: 0.73
Current: 0.29

During the past 13 years, Harbour Centre Development's highest PB Ratio was 0.73. The lowest was 0.29. And the median was 0.58.

HKSE:00051's PB Ratio is ranked better than
84.46% of 1757 companies
in the Real Estate industry
Industry Median: 0.82 vs HKSE:00051: 0.29

During the past 12 months, Harbour Centre Development's average Book Value Per Share Growth Rate was -5.20% 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 -3.60% 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 Harbour Centre Development was 17.90% per year. The lowest was -10.00% per year. And the median was 1.00% per year.

Back to Basics: PB Ratio

Harbour Centre Development PB Ratio Historical Data

The historical data trend for Harbour Centre Development'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.

Harbour Centre Development PB Ratio Chart

Harbour Centre Development Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

Get a 7-Day Free Trial

0.53

0.33

0.32

0.34

0.35

Harbour Centre Development 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															0.32	0.32	0.34	0.35	0.35

Competitive Comparison of Harbour Centre Development's PB Ratio

For the Real Estate - Development subindustry, Harbour Centre Development'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.

Harbour Centre Development's PB Ratio Distribution in the Real Estate Industry

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

* The bar in red indicates where Harbour Centre Development's PB Ratio falls into.

Harbour Centre Development 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.

Harbour Centre Development's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	5.86	/	20.217
	=	0.29

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.

Harbour Centre Development (HKSE:00051) 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.

Harbour Centre Development PB Ratio Related Terms

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

Harbour Centre Development (HKSE:00051) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Harbour Centre Development Ltd (HKSE:00051) » Definitions » PB Ratio

Traded in Other Exchanges

N/A

Address

Canton Road, 16th Floor, Ocean Centre, Harbour City, Kowloon, Hong Kong, HKG

Website

http://www.harbourcentre.com.hk

Harbour Centre Development Ltd has engaged in the acquisition, development, design, construction, sales, and marketing of properties in China. The operating business segments are investments, development property, investment property, and hotels. The Development property segment do activities relating to the acquisition, development, design, construction, sales, and marketing of properties in Mainland China. The Investment property segment represents the property leasing of the company's investment properties in Hong Kong. The Hotel segment represents the operations of Marco Polo Hongkong Hotel and Marco Polo Changzhou. It also includes The Murray, which is under construction. Its maximum revenue is driven by the Development property segment and from the Mainland China region.

Executives

Hsbc Trustee (c.i.) Limited	2301 Trustee
Wheelock And Company Limited	2201 Interest of corporation controlled by you
Wharf Real Estate Investment Company Limited	2201 Interest of corporation controlled by you

Harbour Centre Development (HKSE:00051) Headlines

No Headlines