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Associated International Hotels (HKSE:00105) PB Ratio : 0.24 (As of May. 25, 2024)


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What is Associated International Hotels 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 (2024-05-25), Associated International Hotels's share price is HK$5.30. Associated International Hotels's Book Value per Share for the quarter that ended in Sep. 2023 was HK$22.21. Hence, Associated International Hotels's PB Ratio of today is 0.24.

Good Sign:

Associated International Hotels Ltd stock PB Ratio (=0.24) is close to 10-year low of 0.24

The historical rank and industry rank for Associated International Hotels's PB Ratio or its related term are showing as below:

HKSE:00105' s PB Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.54   Max: 0.68
Current: 0.24

During the past 13 years, Associated International Hotels's highest PB Ratio was 0.68. The lowest was 0.24. And the median was 0.54.

HKSE:00105's PB Ratio is ranked better than
88.04% of 1756 companies
in the Real Estate industry
Industry Median: 0.82 vs HKSE:00105: 0.24

During the past 12 months, Associated International Hotels's average Book Value Per Share Growth Rate was -1.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -14.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -11.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -4.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Associated International Hotels was 25.10% per year. The lowest was -14.70% per year. And the median was 5.60% per year.

Back to Basics: PB Ratio


Associated International Hotels PB Ratio Historical Data

The historical data trend for Associated International Hotels'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.

Associated International Hotels PB Ratio Chart

Associated International Hotels Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 0.50 0.47 0.48 0.44

Associated International Hotels Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.46 0.48 0.44 0.44 0.34

Competitive Comparison of Associated International Hotels's PB Ratio

For the Real Estate Services subindustry, Associated International Hotels'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.


Associated International Hotels's PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Associated International Hotels's PB Ratio distribution charts can be found below:

* The bar in red indicates where Associated International Hotels's PB Ratio falls into.



Associated International Hotels 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.

Associated International Hotels's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2023)
=5.30/22.206
=0.24

* 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.


Associated International Hotels  (HKSE:00105) 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.


Associated International Hotels PB Ratio Related Terms

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


Associated International Hotels (HKSE:00105) Business Description

Traded in Other Exchanges
N/A
Address
63 Nathan Road, 9th Floor, iSQUARE, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
Associated International Hotels Ltd is a Hong-Kong investment holding company principally engaged in property-related businesses. Its only reportable segment is Property leasing. The company generates revenue from Interest income, Management fees, and Others. The properties under the company include iSQUARE, Good Luck Industrial Building as well as the offices in Euro Trade Centre in Hong Kong. Geographically, it derives revenue from Hong Kong.

Associated International Hotels (HKSE:00105) Headlines

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