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Top Education Group (HKSE:01752) PB Ratio : 0.65 (As of Jun. 03, 2024)


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What is Top Education 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 (2024-06-03), Top Education Group's share price is HK$0.07. Top Education Group's Book Value per Share for the quarter that ended in Dec. 2023 was HK$0.11. Hence, Top Education Group's PB Ratio of today is 0.65.

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

HKSE:01752' s PB Ratio Range Over the Past 10 Years
Min: 0.34   Med: 1.98   Max: 21.71
Current: 0.64

During the past 9 years, Top Education Group's highest PB Ratio was 21.71. The lowest was 0.34. And the median was 1.98.

HKSE:01752's PB Ratio is ranked better than
78.57% of 252 companies
in the Education industry
Industry Median: 1.485 vs HKSE:01752: 0.64

During the past 12 months, Top Education Group's average Book Value Per Share Growth Rate was 3.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -1.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -1.30% per year.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Top Education Group was 67.60% per year. The lowest was -1.50% per year. And the median was 20.60% per year.

Back to Basics: PB Ratio


Top Education Group PB Ratio Historical Data

The historical data trend for Top Education 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.

Top Education Group PB Ratio Chart

Top Education Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
PB Ratio
Get a 7-Day Free Trial Premium Member Only 3.01 2.54 1.64 0.90 0.51

Top Education Group Semi-Annual Data
Jun15 Jun16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.71 0.90 0.75 0.51 0.40

Competitive Comparison of Top Education Group's PB Ratio

For the Education & Training Services subindustry, Top Education 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.


Top Education Group's PB Ratio Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Top Education Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where Top Education Group's PB Ratio falls into.



Top Education 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.

Top Education Group's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=0.07/0.107
=0.65

* 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.


Top Education Group  (HKSE:01752) 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.


Top Education Group PB Ratio Related Terms

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


Top Education Group (HKSE:01752) Business Description

Traded in Other Exchanges
N/A
Address
1 Central Avenue, Suite 1, Biomedical Building, Australian Technology Park, Eveleigh, Sydney, NSW, AUS, 2015
Top Education Group Ltd offers the provision of private higher education services and English language courses in Australia. The company offers Undergraduate and Postgraduate level degrees in business and accounting areas. Geographically, it operates within Australia. The company generates all of its revenue from Australia.
Executives
Hang Jian Ying 2201 Interest of corporation controlled by you
Lu Qiu Wen 2201 Interest of corporation controlled by you
Yang Qingquan 2101 Beneficial owner
Lee Amen Kwai Ping 2101 Beneficial owner
Chen Shuling 2202 Interest of your spouse
Zhao Long Ji Tuan Kong Gu You Xian Gong Si 2101 Beneficial owner
Huang Xing Shi 2103 Interests held jointly with another person
Lam Josephine Kam Shan 2202 Interest of your spouse
Tristar United Investment Limited 2103 Interests held jointly with another person
Zhu Minshen 2103 Interests held jointly with another person
Liu Zhuo 2202 Interest of your spouse
Wang Xin 2103 Interests held jointly with another person
Xin Jiang Guo Li Min Sheng Gu Quan Tou Zi You Xian Gong Si 2101 Beneficial owner
Pricewaterhousecoopers
Loyal Creation Investment Limited 2101 Beneficial owner

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