Tai United Holdings (HKSE:00718) PB Ratio : (As of May. 14, 2024)

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What is Tai United Holdings 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 (2024-05-14), Tai United Holdings's share price is HK$0.03. Tai United Holdings's Book Value per Share for the quarter that ended in Jun. 2023 was HK$-0.08. Hence, Tai United Holdings's PB Ratio of today is .

The historical rank and industry rank for Tai United Holdings's PB Ratio or its related term are showing as below:

During the past 13 years, Tai United Holdings's highest PB Ratio was 3.29. The lowest was 0.17. And the median was 0.82.

HKSE:00718's PB Ratio is not ranked ^*
in the Medical Distribution industry.
Industry Median: 1.45
* Ranked among companies with meaningful PB Ratio only.

During the past 12 months, Tai United Holdings's average Book Value Per Share Growth Rate was -132.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -52.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -39.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -17.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Tai United Holdings was 172.00% per year. The lowest was -52.60% per year. And the median was -9.70% per year.

Back to Basics: PB Ratio

Tai United Holdings PB Ratio Historical Data

The historical data trend for Tai United Holdings'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.

Tai United Holdings PB Ratio Chart

Tai United Holdings Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

PB Ratio

Get a 7-Day Free Trial

0.45

0.46

0.25

0.28

1.64

Tai United Holdings Semi-Annual Data
	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
PB Ratio	Get a 7-Day Free Trial															0.40	0.28	0.32	1.64	-

Competitive Comparison of Tai United Holdings's PB Ratio

For the Medical Distribution subindustry, Tai United Holdings'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.

Tai United Holdings's PB Ratio Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Tai United Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where Tai United Holdings's PB Ratio falls into.

Tai United Holdings 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.

Tai United Holdings's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Jun. 2023)
	=	0.03	/	-0.083
	=

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.

Tai United Holdings (HKSE:00718) 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.

Tai United Holdings PB Ratio Related Terms

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Tai United Holdings (HKSE:00718) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Tai United Holdings Ltd (HKSE:00718) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

26 Harbour Road, Room 4202–03A, 42th Floor, China Resource Building, Wanchai, Hong Kong, HKG

Website

http://www.irasia.com/listco/hk/taiunited/index.ht

Tai United Holdings Ltd is an investment holding company. Its segments include Property investment segment engaged in property investment and leasing of properties; Medical equipment trading segment; Flooring materials trading segment; Mining and exploitation of natural resources segment engaged in mining and production of tungsten resources activities in the Republic of Mongolia; and Financial services and asset management segment that includes trading equity securities and derivatives and managing of assets arising from acquisition of distressed debts assets. It derives majority of the revenue from the Flooring materials trading segment.

Tai United Holdings (HKSE:00718) Headlines

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