GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Fourace Industries Group Holdings Ltd (HKSE:01455) » Definitions » PB Ratio

Fourace Industries Group Holdings (HKSE:01455) PB Ratio : 0.58 (As of Jun. 19, 2024)


View and export this data going back to 2020. Start your Free Trial

What is Fourace Industries 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 (2024-06-19), Fourace Industries Group Holdings's share price is HK$0.178. Fourace Industries Group Holdings's Book Value per Share for the quarter that ended in Sep. 2023 was HK$0.31. Hence, Fourace Industries Group Holdings's PB Ratio of today is 0.58.

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

HKSE:01455' s PB Ratio Range Over the Past 10 Years
Min: 0.52   Med: 0.78   Max: 3.25
Current: 0.57

During the past 6 years, Fourace Industries Group Holdings's highest PB Ratio was 3.25. The lowest was 0.52. And the median was 0.78.

HKSE:01455's PB Ratio is ranked better than
85.38% of 1819 companies
in the Consumer Packaged Goods industry
Industry Median: 1.52 vs HKSE:01455: 0.57

During the past 12 months, Fourace Industries Group Holdings's average Book Value Per Share Growth Rate was 3.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 27.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 17.20% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Fourace Industries Group Holdings was 27.10% per year. The lowest was 17.80% per year. And the median was 23.00% per year.

Back to Basics: PB Ratio


Fourace Industries Group Holdings PB Ratio Historical Data

The historical data trend for Fourace Industries 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.

Fourace Industries Group Holdings PB Ratio Chart

Fourace Industries Group Holdings Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
PB Ratio
Get a 7-Day Free Trial - - 0.69 0.70 0.78

Fourace Industries Group Holdings Semi-Annual Data
Mar18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.92 0.70 0.66 0.78 0.65

Competitive Comparison of Fourace Industries Group Holdings's PB Ratio

For the Household & Personal Products subindustry, Fourace Industries 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.


Fourace Industries Group Holdings's PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Fourace Industries Group Holdings's PB Ratio distribution charts can be found below:

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



Fourace Industries 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.

Fourace Industries Group Holdings's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2023)
=0.178/0.306
=0.58

* 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.


Fourace Industries Group Holdings  (HKSE:01455) 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.


Fourace Industries Group Holdings PB Ratio Related Terms

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


Fourace Industries Group Holdings (HKSE:01455) Business Description

Traded in Other Exchanges
N/A
Address
Unit No. 1107, 8 Kwai Cheong Road, 11th Floor, Manhattan Centre, Kwai Chung, New Territories, Hong Kong, HKG
Fourace Industries Group Holdings Ltd is engaged in the design, development, manufacturing, and trading of personal care and lifestyle electrical appliances on an ODM basis. The company's product portfolio offers a wide range of personal care electrical appliances, which can be broadly classified into three categories, namely, hair styling series, grooming series, and beauty care series. Geographically, the customers of the company are mainly international brand owners with products marketed mainly in the U.S., Japan, Europe, and Others. The company earns the majority of its revenue from Japan.
Executives
Ace Champion Inc. 2101 Beneficial owner
Chan Pan Pan 2202 Interest of your spouse
Forever Golden Inc. 2101 Beneficial owner
Li Shu Yeh 2201 Interest of corporation controlled by you
Loo Kin Kuen Stephen 2202 Interest of your spouse
Sit Hor Wan 2201 Interest of corporation controlled by you

Fourace Industries Group Holdings (HKSE:01455) Headlines

No Headlines