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Liu Chong Hing Investment (HKSE:00194) PB Ratio : 0.16 (As of May. 18, 2024)


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What is Liu Chong Hing Investment 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 (2024-05-18), Liu Chong Hing Investment's share price is HK$4.80. Liu Chong Hing Investment's Book Value per Share for the quarter that ended in Dec. 2023 was HK$30.55. Hence, Liu Chong Hing Investment's PB Ratio of today is 0.16.

Good Sign:

Liu Chong Hing Investment Ltd stock PB Ratio (=0.16) is close to 10-year low of 0.15

The historical rank and industry rank for Liu Chong Hing Investment's PB Ratio or its related term are showing as below:

HKSE:00194' s PB Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.33   Max: 0.74
Current: 0.16

During the past 13 years, Liu Chong Hing Investment's highest PB Ratio was 0.74. The lowest was 0.15. And the median was 0.33.

HKSE:00194's PB Ratio is ranked better than
93% of 1757 companies
in the Real Estate industry
Industry Median: 0.82 vs HKSE:00194: 0.16

During the past 12 months, Liu Chong Hing Investment's average Book Value Per Share Growth Rate was -8.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -2.80% 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 2.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Liu Chong Hing Investment was 10.60% per year. The lowest was -4.20% per year. And the median was 3.45% per year.

Back to Basics: PB Ratio


Liu Chong Hing Investment PB Ratio Historical Data

The historical data trend for Liu Chong Hing Investment'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.

Liu Chong Hing Investment PB Ratio Chart

Liu Chong Hing Investment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 0.21 0.22 0.22 0.18

Liu Chong Hing Investment 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 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 0.22 0.22 0.22 0.19 0.18

Competitive Comparison of Liu Chong Hing Investment's PB Ratio

For the Real Estate - Development subindustry, Liu Chong Hing Investment'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.


Liu Chong Hing Investment's PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Liu Chong Hing Investment's PB Ratio distribution charts can be found below:

* The bar in red indicates where Liu Chong Hing Investment's PB Ratio falls into.



Liu Chong Hing Investment 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.

Liu Chong Hing Investment's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=4.80/30.553
=0.16

* 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.


Liu Chong Hing Investment  (HKSE:00194) 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.


Liu Chong Hing Investment PB Ratio Related Terms

Thank you for viewing the detailed overview of Liu Chong Hing Investment's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Liu Chong Hing Investment (HKSE:00194) Business Description

Traded in Other Exchanges
N/A
Address
24 Des Voeux Road Central, 23rd Floor, Chong Hing Bank Centre, Hong Kong, HKG
Liu Chong Hing Investment Ltd is an investment holding company engaged in property investment and property development. It has six operating segments the Property Investment segment is engaged in the investment and leasing of properties; the Property Development segment is engaged in the development and sales of properties; the Property Management segment is engaged in the provision of property management services; Treasury Investment is engaged in dealing and investing in securities and other financial instruments; Trading and Manufacturing segment is engaged in the manufacture and wholesale of magnetic products; Hotel Operation segment is engaged in the operation and management of hotels, and it derives the maximum revenue from the Property investment segment.

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