Zhong Ao Home Group (HKSE:01538) PB Ratio : 0.28 (As of Jun. 21, 2024)

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What is Zhong Ao Home 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 (2024-06-21), Zhong Ao Home Group's share price is HK$0.35. Zhong Ao Home Group's Book Value per Share for the quarter that ended in Dec. 2023 was HK$1.24. Hence, Zhong Ao Home Group's PB Ratio of today is 0.28.

Good Sign:

Zhong Ao Home Group Ltd stock PB Ratio (=0.27) is close to 1-year low of 0.26

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

HKSE:01538' s PB Ratio Range Over the Past 10 Years
Min: 0.22 Med: 0.84 Max: 7.25
Current: 0.28

During the past 10 years, Zhong Ao Home Group's highest PB Ratio was 7.25. The lowest was 0.22. And the median was 0.84.

HKSE:01538's PB Ratio is ranked better than
84.79% of 1749 companies
in the Real Estate industry
Industry Median: 0.78 vs HKSE:01538: 0.28

During the past 12 months, Zhong Ao Home Group'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 3.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 9.60% per year.

During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of Zhong Ao Home Group was 40.50% per year. The lowest was 1.50% per year. And the median was 15.80% per year.

Back to Basics: PB Ratio

Zhong Ao Home Group PB Ratio Historical Data

The historical data trend for Zhong Ao Home 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.

Zhong Ao Home Group PB Ratio Chart

Zhong Ao Home Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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0.63

0.65

0.47

0.41

0.35

Zhong Ao Home Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial														0.47	0.42	0.41	0.28	0.35

Competitive Comparison of Zhong Ao Home Group's PB Ratio

For the Real Estate Services subindustry, Zhong Ao Home 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.

Zhong Ao Home Group's PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Zhong Ao Home Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where Zhong Ao Home Group's PB Ratio falls into.

Zhong Ao Home 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.

Zhong Ao Home Group's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	0.35	/	1.242
	=	0.28

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.

Zhong Ao Home Group (HKSE:01538) 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.

Zhong Ao Home Group PB Ratio Related Terms

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

Zhong Ao Home Group (HKSE:01538) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Zhong Ao Home Group Ltd (HKSE:01538) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Baichen Lu, Chihua She Qu, 1601 Block 1, Pacific Dingwang Commercial Center, Chencun Town, Shunde District, Foshan, CHN

Website

http://www.gdzawy.com

Zhong Ao Home Group Ltd is an investment holding company mainly engaged in the provision of property management services, sales assistance services, provision of cleaning and greening services, and provision of real estate agency services in the People's Republic of China. All of the activities are carried out across China which represents Southern Region, Eastern and Central Region, and the Northern Region. It generates a vast majority of its revenues from the property management business.

Executives

Liu Jian	2307 Founder of a discretionary trust who can infl
Hilton Assets (ptc) Limited	2301 Trustee
Qichang International Limited	2101 Beneficial owner
Greentown Service Group Co. Ltd.	2101 Beneficial owner

Zhong Ao Home Group (HKSE:01538) Headlines

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