Honghua Group (HKSE:00196) PB Ratio : 0.22 (As of May. 28, 2024)

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What is Honghua Group 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), Honghua Group's share price is HK$0.092. Honghua Group's Book Value per Share for the quarter that ended in Dec. 2023 was HK$0.41. Hence, Honghua Group's PB Ratio of today is 0.22.

The historical rank and industry rank for Honghua Group's PB Ratio or its related term are showing as below:

HKSE:00196' s PB Ratio Range Over the Past 10 Years
Min: 0.18 Med: 0.43 Max: 2.07
Current: 0.22

During the past 13 years, Honghua Group's highest PB Ratio was 2.07. The lowest was 0.18. And the median was 0.43.

HKSE:00196's PB Ratio is ranked better than
96.26% of 990 companies
in the Oil & Gas industry
Industry Median: 1.25 vs HKSE:00196: 0.22

During the past 12 months, Honghua Group's average Book Value Per Share Growth Rate was -33.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -24.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -13.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -12.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Honghua Group was 129.70% per year. The lowest was -24.40% per year. And the median was -0.50% per year.

Back to Basics: PB Ratio

Honghua Group PB Ratio Historical Data

The historical data trend for Honghua Group'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.

Honghua Group PB Ratio Chart

Honghua Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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0.60

0.26

0.34

0.39

0.27

Honghua Group 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															0.34	0.39	0.39	0.38	0.27

Competitive Comparison of Honghua Group's PB Ratio

For the Oil & Gas Equipment & Services subindustry, Honghua Group'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.

Honghua Group's PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Honghua Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where Honghua Group's PB Ratio falls into.

Honghua Group 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.

Honghua Group's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	0.092	/	0.409
	=	0.22

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.

Honghua Group (HKSE:00196) 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.

Honghua Group PB Ratio Related Terms

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

Honghua Group (HKSE:00196) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Honghua Group Ltd (HKSE:00196) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

4HB:Germany

Address

99 East Road, Information Park, Jinniu District, Sichuan, Chengdu, CHN, 610036

Website

http://www.hh-gltd.com

Honghua Group Ltd is engaged in manufacturing drilling rigs, oil and gas exploitation equipment, providing drilling services and fracturing. It manufactures conventional land drilling rigs, digital drilling rigs, accessories for drilling rigs, as well as the parts and components for the drilling rigs or the maintenance of the drilling rigs in operation. Its segments include Land drilling rigs; Parts and components and others; Drilling engineering services; and Fracturing. It derives a majority of revenue from Parts and components and others segment. Geographically it operates in the PRC, Americas, Middle East, Europe and Central Asia, South Asia and South East, and Africa, of which prime revenue is derived from the PRC.

Executives

Tricor Equity Trustee Limited	2301 Trustee
Dongfang Electric Corporation	2201 Interest of corporation controlled by you
Dongfang Electric International Investment Co., Limited	2101 Beneficial owner
China Chengtong Holdings Group Limited	2201 Interest of corporation controlled by you
China Chengtong Hong Kong Company Limited	2201 Interest of corporation controlled by you
Ke Hua Ji Shu You Xian Gong Si	2101 Beneficial owner
Zhong Guo Hang Tian Ke Gong Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Shen Zhen Hang Tian Gong Ye Ji Shu Yan Jiu Yuan You Xian Gong Si	2201 Interest of corporation controlled by you
Wealth Afflux Limited	2201 Interest of corporation controlled by you
Yi Langlin	2202 Interest of your spouse
Zhang Mi	2307 Founder of a discretionary trust who can infl
Equity Trustee Limited	2201 Interest of corporation controlled by you
Ally Giant Limited	2101 Beneficial owner

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