Sincere Watch (Hong Kong) (HKSE:00444) PB Ratio : 0.62 (As of May. 21, 2024)

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What is Sincere Watch (Hong Kong) 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 (2024-05-21), Sincere Watch (Hong Kong)'s share price is HK$0.018. Sincere Watch (Hong Kong)'s Book Value per Share for the quarter that ended in Sep. 2023 was HK$0.03. Hence, Sincere Watch (Hong Kong)'s PB Ratio of today is 0.62.

The historical rank and industry rank for Sincere Watch (Hong Kong)'s PB Ratio or its related term are showing as below:

HKSE:00444' s PB Ratio Range Over the Past 10 Years
Min: 0.28 Med: 0.77 Max: 10.86
Current: 0.6

During the past 13 years, Sincere Watch (Hong Kong)'s highest PB Ratio was 10.86. The lowest was 0.28. And the median was 0.77.

HKSE:00444's PB Ratio is ranked better than
82.19% of 1061 companies
in the Retail - Cyclical industry
Industry Median: 1.5 vs HKSE:00444: 0.60

During the past 12 months, Sincere Watch (Hong Kong)'s average Book Value Per Share Growth Rate was -61.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -34.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -26.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -13.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Sincere Watch (Hong Kong) was 35.10% per year. The lowest was -34.40% per year. And the median was 6.30% per year.

Back to Basics: PB Ratio

Sincere Watch (Hong Kong) PB Ratio Historical Data

The historical data trend for Sincere Watch (Hong Kong)'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.

Sincere Watch (Hong Kong) PB Ratio Chart

Sincere Watch (Hong Kong) Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

PB Ratio

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0.40

0.72

0.58

0.62

1.03

Sincere Watch (Hong Kong) 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															0.48	0.62	0.49	1.03	1.21

Competitive Comparison of Sincere Watch (Hong Kong)'s PB Ratio

For the Luxury Goods subindustry, Sincere Watch (Hong Kong)'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.

Sincere Watch (Hong Kong)'s PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Sincere Watch (Hong Kong)'s PB Ratio distribution charts can be found below:

* The bar in red indicates where Sincere Watch (Hong Kong)'s PB Ratio falls into.

Sincere Watch (Hong Kong) 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.

Sincere Watch (Hong Kong)'s PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2023)
	=	0.018	/	0.029
	=	0.62

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.

Sincere Watch (Hong Kong) (HKSE:00444) 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.

Sincere Watch (Hong Kong) PB Ratio Related Terms

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Sincere Watch (Hong Kong) (HKSE:00444) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Sincere Watch (Hong Kong) Ltd (HKSE:00444) » Definitions » PB Ratio

Traded in Other Exchanges

N/A

Address

20/F China Merchants Tower, Shun Tak Centre, Unit 2016–2018, 168–200 Connaught Road Central, Hong Kong, HKG

Website

http://www.sincerewatch.com.hk

Sincere Watch (Hong Kong) Ltd sells luxury third-party-branded watches, timepieces, and accessories in Asia. The majority of its sales are in Mainland China and Macau, with the remaining sales in Hong Kong. Brands that Sincere sells include Franck Muller, CVSTOS, Pierre Kunz, European Company Watch, and Backes & Strauss. The company sells merchandise through retail outlets operated by independent watch dealers and through its company-operated boutiques. Sincere also has a dining business that accounts for a small amount of total revenue.

Sincere Watch (Hong Kong) (HKSE:00444) Headlines

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