Frontage Holdings (HKSE:01521) PB Ratio : 0.96 (As of May. 16, 2024)

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What is Frontage 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 (2024-05-16), Frontage Holdings's share price is HK$1.26. Frontage Holdings's Book Value per Share for the quarter that ended in Dec. 2023 was HK$1.31. Hence, Frontage Holdings's PB Ratio of today is 0.96.

Good Sign:

Frontage Holdings Corp stock PB Ratio (=0.98) is close to 5-year low of 0.94

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

HKSE:01521' s PB Ratio Range Over the Past 10 Years
Min: 0.94 Med: 3.44 Max: 31.53
Current: 0.96

During the past 8 years, Frontage Holdings's highest PB Ratio was 31.53. The lowest was 0.94. And the median was 3.44.

HKSE:01521's PB Ratio is ranked better than
82.15% of 1322 companies
in the Biotechnology industry
Industry Median: 2.54 vs HKSE:01521: 0.96

During the past 12 months, Frontage Holdings's average Book Value Per Share Growth Rate was 3.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 6.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 36.60% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Frontage Holdings was 141.60% per year. The lowest was 6.10% per year. And the median was 92.70% per year.

Back to Basics: PB Ratio

Frontage Holdings PB Ratio Historical Data

The historical data trend for Frontage 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.

Frontage Holdings PB Ratio Chart

Frontage Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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4.30

3.92

3.25

2.30

1.78

Frontage Holdings Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial									3.25	2.53	2.30	1.56	1.78

Competitive Comparison of Frontage Holdings's PB Ratio

For the Biotechnology subindustry, Frontage 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.

Frontage Holdings's PB Ratio Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Frontage Holdings's PB Ratio distribution charts can be found below:

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

Frontage 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.

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

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	1.26	/	1.307
	=	0.96

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.

Frontage Holdings (HKSE:01521) 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.

Frontage Holdings PB Ratio Related Terms

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

Frontage Holdings (HKSE:01521) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Frontage Holdings Corp (HKSE:01521) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

FGHQF:USA

Address

700 Pennsylvania Drive, Exton, PA, USA, 19341

Website

https://www.frontagelab.com

Frontage Holdings Corp is a contract research organization providing integrated, scientifically driven research, analytical and development services. Geographically the group operates in both PRC and North America. The services provided in the North American segment, include Bioanalytical, CMC, DMPK and Safety and Toxicology services in the USA and Canada. The service offered in PRC includes Bioanalytical, Bioequivalence and CMC services in the PRC. Further, it also provides bioanalytical services, which are offered throughout the drug discovery and development process both in the United States and China.

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