GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Chinney Investments Ltd (HKSE:00216) » Definitions » PB Ratio

Chinney Investments (HKSE:00216) PB Ratio : 0.05 (As of Jun. 24, 2024)


View and export this data going back to 1973. Start your Free Trial

What is Chinney Investments 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 (2024-06-24), Chinney Investments's share price is HK$0.74. Chinney Investments's Book Value per Share for the quarter that ended in Sep. 2023 was HK$13.97. Hence, Chinney Investments's PB Ratio of today is 0.05.

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

HKSE:00216' s PB Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.18   Max: 0.42
Current: 0.05

During the past 13 years, Chinney Investments's highest PB Ratio was 0.42. The lowest was 0.05. And the median was 0.18.

HKSE:00216's PB Ratio is ranked better than
99.2% of 1753 companies
in the Real Estate industry
Industry Median: 0.78 vs HKSE:00216: 0.05

During the past 12 months, Chinney Investments'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 -0.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 0.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 10.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Chinney Investments was 22.20% per year. The lowest was -6.60% per year. And the median was 12.70% per year.

Back to Basics: PB Ratio


Chinney Investments PB Ratio Historical Data

The historical data trend for Chinney Investments'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.

Chinney Investments PB Ratio Chart

Chinney Investments 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 0.19 0.12 0.11 0.10 0.09

Chinney Investments 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 0.11 0.10 0.09 0.09 0.08

Competitive Comparison of Chinney Investments's PB Ratio

For the Real Estate - Development subindustry, Chinney Investments'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.


Chinney Investments's PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Chinney Investments's PB Ratio distribution charts can be found below:

* The bar in red indicates where Chinney Investments's PB Ratio falls into.



Chinney Investments 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.

Chinney Investments's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2023)
=0.74/13.973
=0.05

* 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.


Chinney Investments  (HKSE:00216) 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.


Chinney Investments PB Ratio Related Terms

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


Chinney Investments (HKSE:00216) Business Description

Traded in Other Exchanges
N/A
Address
111 Connaught Road Central, 23rd Floor, Wing On Centre, Hong Kong, HKG
Chinney Investments Ltd is a Hong Kong-based investment holding company. The company's operating segment include Property development; Property investment and Property, carpark management and others. Property development segment develops properties for sale. The Property Investment segment holds investment properties for development and generates rental income. It generates maximum revenue from the Property development segment. Geographically, it derives a majority of revenue from Mainland China and also has a presence in Hong Kong.
Executives
Chinney Holdings Limited 2101 Beneficial owner
Lucky Year Finance Limited 2201 Interest of corporation controlled by you
Wong Sai Wing, James 2201 Interest of corporation controlled by you

Chinney Investments (HKSE:00216) Headlines

No Headlines