Grand Ming Group Holdings (HKSE:01271) PB Ratio : 1.50 (As of May. 11, 2024)

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What is Grand Ming Group 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 (2024-05-11), Grand Ming Group Holdings's share price is HK$2.99. Grand Ming Group Holdings's Book Value per Share for the quarter that ended in Sep. 2023 was HK$1.99. Hence, Grand Ming Group Holdings's PB Ratio of today is 1.50.

Good Sign:

Grand Ming Group Holdings Ltd stock PB Ratio (=1.71) is close to 3-year low of 1.61

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

HKSE:01271' s PB Ratio Range Over the Past 10 Years
Min: 0.22 Med: 1.29 Max: 5.33
Current: 1.5

During the past 11 years, Grand Ming Group Holdings's highest PB Ratio was 5.33. The lowest was 0.22. And the median was 1.29.

HKSE:01271's PB Ratio is ranked worse than
57.41% of 1620 companies
in the Construction industry
Industry Median: 1.25 vs HKSE:01271: 1.50

During the past 12 months, Grand Ming Group Holdings's average Book Value Per Share Growth Rate was -11.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 7.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -1.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 3.50% per year.

During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Grand Ming Group Holdings was 13.10% per year. The lowest was -8.90% per year. And the median was 5.90% per year.

Back to Basics: PB Ratio

Grand Ming Group Holdings PB Ratio Historical Data

The historical data trend for Grand Ming Group 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.

Grand Ming Group Holdings PB Ratio Chart

Grand Ming Group Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

PB Ratio

Get a 7-Day Free Trial

1.23

1.46

3.93

5.02

2.76

Grand Ming Group Holdings 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															5.01	5.02	1.91	2.76	2.01

Competitive Comparison of Grand Ming Group Holdings's PB Ratio

For the Engineering & Construction subindustry, Grand Ming Group 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.

Grand Ming Group Holdings's PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Grand Ming Group Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where Grand Ming Group Holdings's PB Ratio falls into.

Grand Ming Group 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.

Grand Ming Group Holdings's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2023)
	=	2.99	/	1.988
	=	1.50

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.

Grand Ming Group Holdings (HKSE:01271) 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.

Grand Ming Group Holdings PB Ratio Related Terms

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Grand Ming Group Holdings (HKSE:01271) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Grand Ming Group Holdings Ltd (HKSE:01271) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 39 Chatham Road South, 22nd Floor, Railway Plaza, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

https://www.grandming.com.hk

Grand Ming Group Holdings Ltd is an investment holding company. The segments in which the company operates include Construction is a key revenue driver, which includes contracts for residential buildings, commercial buildings, and data centers; Property leasing, which includes leasing of data centers; and Property development segment includes the development and sale of properties. All of its activities are carried out in Hong Kong.

Grand Ming Group Holdings (HKSE:01271) Headlines

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