Wang On Group (HKSE:01222) PB Ratio : 0.07 (As of May. 11, 2024)

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What is Wang On 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 (2024-05-11), Wang On Group's share price is HK$0.032. Wang On Group's Book Value per Share for the quarter that ended in Sep. 2023 was HK$0.43. Hence, Wang On Group's PB Ratio of today is 0.07.

Good Sign:

Wang On Group Ltd stock PB Ratio (=0.07) is close to 10-year low of 0.07

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

HKSE:01222' s PB Ratio Range Over the Past 10 Years
Min: 0.07 Med: 0.27 Max: 0.89
Current: 0.07

During the past 13 years, Wang On Group's highest PB Ratio was 0.89. The lowest was 0.07. And the median was 0.27.

HKSE:01222's PB Ratio is ranked better than
99.81% of 513 companies
in the Conglomerates industry
Industry Median: 1.08 vs HKSE:01222: 0.07

During the past 12 months, Wang On Group's average Book Value Per Share Growth Rate was 6.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 7.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 7.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 9.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Wang On Group was 378.90% per year. The lowest was -84.80% per year. And the median was 8.00% per year.

Back to Basics: PB Ratio

Wang On Group PB Ratio Historical Data

The historical data trend for Wang On 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.

Wang On Group PB Ratio Chart

Wang On Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

PB Ratio

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0.27

0.17

0.12

Wang On Group 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															0.18	0.17	0.15	0.12	0.11

Competitive Comparison of Wang On Group's PB Ratio

For the Conglomerates subindustry, Wang On 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.

Wang On Group's PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Wang On Group's PB Ratio distribution charts can be found below:

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

Wang On 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.

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

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2023)
	=	0.032	/	0.433
	=	0.07

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.

Wang On Group (HKSE:01222) 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.

Wang On Group PB Ratio Related Terms

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

Wang On Group (HKSE:01222) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Wang On Group Ltd (HKSE:01222) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

39 Wang Kwong Road, Suite 3202, 32nd Floor, Skyline Tower, Kowloon Bay, Kowloon, Hong Kong, HKG

Website

https://www.wangon.com

Wang On Group Ltd is an investment holding company engaged in property development businesses. It operates in five business segments. The Property Development segment is engaged in the development of properties. The Property Investment segment is engaged in investment in industrial and commercial premises and residential units for rental or for sale. The Fresh markets segment is engaged in the management and sub-licensing of fresh markets and butchery business. The Pharmaceutical segment engages in the production and sale of pharmaceutical and health food products. The Treasury management segment engages in the provision of finance and investments in debt and other securities which earn interest income.

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