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Majestic Dragon AeroTech Holdings (HKSE:00918) PB Ratio : 3.21 (As of Dec. 13, 2024)


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What is Majestic Dragon AeroTech 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 (2024-12-13), Majestic Dragon AeroTech Holdings's share price is HK$0.78. Majestic Dragon AeroTech Holdings's Book Value per Share for the quarter that ended in Mar. 2024 was HK$0.24. Hence, Majestic Dragon AeroTech Holdings's PB Ratio of today is 3.21.

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

HKSE:00918' s PB Ratio Range Over the Past 10 Years
Min: 0.49   Med: 4.94   Max: 20.29
Current: 3.25

During the past 13 years, Majestic Dragon AeroTech Holdings's highest PB Ratio was 20.29. The lowest was 0.49. And the median was 4.94.

HKSE:00918's PB Ratio is ranked worse than
80.12% of 1006 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.31 vs HKSE:00918: 3.25

During the past 12 months, Majestic Dragon AeroTech Holdings's average Book Value Per Share Growth Rate was -28.60% 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 12.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 0.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Majestic Dragon AeroTech Holdings was 39.50% per year. The lowest was -31.30% per year. And the median was 1.90% per year.

Back to Basics: PB Ratio


Majestic Dragon AeroTech Holdings PB Ratio Historical Data

The historical data trend for Majestic Dragon AeroTech 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.

Majestic Dragon AeroTech Holdings PB Ratio Chart

Majestic Dragon AeroTech Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.94 0.77 0.82 0.64 1.88

Majestic Dragon AeroTech Holdings Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 1.02 0.64 0.74 1.88 3.25

Competitive Comparison of Majestic Dragon AeroTech Holdings's PB Ratio

For the Apparel Manufacturing subindustry, Majestic Dragon AeroTech 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.


Majestic Dragon AeroTech Holdings's PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Majestic Dragon AeroTech Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where Majestic Dragon AeroTech Holdings's PB Ratio falls into.



Majestic Dragon AeroTech 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.

Majestic Dragon AeroTech Holdings's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=0.78/0.243
=3.21

* 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.


Majestic Dragon AeroTech Holdings  (HKSE:00918) 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.


Majestic Dragon AeroTech Holdings PB Ratio Related Terms

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Majestic Dragon AeroTech Holdings Business Description

Traded in Other Exchanges
N/A
Address
1 Hok Cheung Street, Unit 13, 5th Floor, Tower 1, Harbour Centre, Hung Hom, Kowloon, Hong Kong, HKG
Majestic Dragon AeroTech Holdings Ltd, formerly State Energy Group International Assets Holdings Ltd along with its subsidiaries, is principally engaged in the wholesale of consumer products including timepieces and accessories, garment and sportswear products, property investment, and provision of marketing services. Its segment includes Wholesale business Watch, Wholesale business Garment, Property investment, and Unmanned aerial vehicles business. Maximum revenue is generated from the Unmanned aerial vehicles business that sells unmanned aerial vehicles and related parts for fire-fighting, logistics transportation, communication, and agricultural use. Geographically, it derives key revenue from the People's Republic of China followed by the Middle East, Hong Kong, Africa, and Taiwan.
Executives
Zhang Jinbing 2101 Beneficial owner
Always Profit Development Limited 2101 Beneficial owner
Golden Bold Holdings Limited 2101 Beneficial owner
Wang Yuelai 2201 Interest of corporation controlled by you
Chong Kin Group Holdings Ltd. 2106 Person having a security interest in shares
State Energy Hk Limited 2101 Beneficial owner
Shang Hai Zhong She Gu Quan Tou Zi Ji Jin You Xian Gong Si 2201 Interest of corporation controlled by you
Shang Hai Guo Ming Gu Quan Tou Zi Ji Jin Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Liu Quan Hui 2201 Interest of corporation controlled by you
Guo Neng Shang Ye Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Niu Fang 2201 Interest of corporation controlled by you
Hu Zhang Cui 2202 Interest of your spouse

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