Wisdom Sports Group (HKSE:01661) PB Ratio : 0.70 (As of May. 26, 2024)

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What is Wisdom Sports 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 (2024-05-26), Wisdom Sports Group's share price is HK$0.179. Wisdom Sports Group's Book Value per Share for the quarter that ended in Dec. 2023 was HK$0.25. Hence, Wisdom Sports Group's PB Ratio of today is 0.70.

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

HKSE:01661' s PB Ratio Range Over the Past 10 Years
Min: 0.14 Med: 0.71 Max: 21.42
Current: 0.7

During the past 12 years, Wisdom Sports Group's highest PB Ratio was 21.42. The lowest was 0.14. And the median was 0.71.

HKSE:01661's PB Ratio is ranked better than
76.58% of 952 companies
in the Media - Diversified industry
Industry Median: 1.45 vs HKSE:01661: 0.70

During the past 12 months, Wisdom Sports Group's average Book Value Per Share Growth Rate was -21.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -15.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -17.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -12.40% per year.

During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Wisdom Sports Group was 55.50% per year. The lowest was -22.70% per year. And the median was -7.90% per year.

Back to Basics: PB Ratio

Wisdom Sports Group PB Ratio Historical Data

The historical data trend for Wisdom Sports 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.

Wisdom Sports Group PB Ratio Chart

Wisdom Sports Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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0.43

0.98

0.38

0.26

0.20

Wisdom Sports Group Semi-Annual Data
	Jun14	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															0.38	0.26	0.26	-	0.20

Competitive Comparison of Wisdom Sports Group's PB Ratio

For the Entertainment subindustry, Wisdom Sports 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.

Wisdom Sports Group's PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Wisdom Sports Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where Wisdom Sports Group's PB Ratio falls into.

Wisdom Sports 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.

Wisdom Sports Group's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	0.179	/	0.254
	=	0.70

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.

Wisdom Sports Group (HKSE:01661) 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.

Wisdom Sports Group PB Ratio Related Terms

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

Wisdom Sports Group (HKSE:01661) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Wisdom Sports Group (HKSE:01661) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 16, Xinyuanli Road, 7th Floor, Block 1, Kunsuo Center, Chaoyang District, Beijing, CHN, 100027

Website

https://www.wisdomsports.com.cn

Wisdom Sports Group engages in the diversified media industry and provides event services, operations, and branding services in China. The company is divided into two business segments: the Wisdom Events segment and the Wisdom Program and Branding segment. The Wisdom Events segment organizes and promotes various international and domestic sporting events. The Wisdom Program and Branding segment focuses primarily on the production, distribution, and advertisement of televised sporting events.

Executives

Ren Guozun (alias: Wen)	2201 Interest of corporation controlled by you
Hknd Limited	2101 Beneficial owner
Wang Zhihan	2201 Interest of corporation controlled by you
Queen Media Co., Ltd.	2101 Beneficial owner
Nd Medical Technology Limited	2101 Beneficial owner
Wu Meizhen	2201 Interest of corporation controlled by you

Wisdom Sports Group (HKSE:01661) Headlines

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