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Huayu Expressway Group (HKSE:01823) PB Ratio : 0.41 (As of May. 25, 2024)


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What is Huayu Expressway 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 (2024-05-25), Huayu Expressway Group's share price is HK$0.88. Huayu Expressway Group's Book Value per Share for the quarter that ended in Dec. 2023 was HK$2.13. Hence, Huayu Expressway Group's PB Ratio of today is 0.41.

Good Sign:

Huayu Expressway Group Ltd stock PB Ratio (=0.41) is close to 10-year low of 0.37

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

HKSE:01823' s PB Ratio Range Over the Past 10 Years
Min: 0.37   Med: 1.24   Max: 23.42
Current: 0.41

During the past 13 years, Huayu Expressway Group's highest PB Ratio was 23.42. The lowest was 0.37. And the median was 1.24.

HKSE:01823's PB Ratio is ranked better than
88.31% of 1625 companies
in the Construction industry
Industry Median: 1.23 vs HKSE:01823: 0.41

During the past 12 months, Huayu Expressway Group's average Book Value Per Share Growth Rate was 52.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 12.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 14.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Huayu Expressway Group was 203.90% per year. The lowest was -57.20% per year. And the median was 12.20% per year.

Back to Basics: PB Ratio


Huayu Expressway Group PB Ratio Historical Data

The historical data trend for Huayu Expressway 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.

Huayu Expressway Group PB Ratio Chart

Huayu Expressway Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 0.46 2.44 1.21 0.52

Huayu Expressway 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.44 1.57 1.21 0.90 0.52

Competitive Comparison of Huayu Expressway Group's PB Ratio

For the Infrastructure Operations subindustry, Huayu Expressway 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.


Huayu Expressway Group's PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Huayu Expressway Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where Huayu Expressway Group's PB Ratio falls into.



Huayu Expressway 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.

Huayu Expressway Group's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=0.88/2.131
=0.41

* 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.


Huayu Expressway Group  (HKSE:01823) 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.


Huayu Expressway Group PB Ratio Related Terms

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


Huayu Expressway Group (HKSE:01823) Business Description

Traded in Other Exchanges
N/A
Address
89 Queensway, Lippo Centre, Unit 1205, 12th Floor , Tower 1, Hong Kong, HKG
Huayu Expressway Group Ltd is an Investment holding firm. The company with its subsidiaries is engaged in the development of infrastructure mainly in China. Its primary business is to invest, build, operate, and manage infrastructure projects. It has three reportable segments: Qing Ping Expressway, construction, operation, and management of the Qing Ping Expressway, and; Liquor and spirits, the main distribution of Huamaojiu and Xijiushaofang, and the majority of the revenue comes from the Liquor and spirits.
Executives
Integrated Capital (asia) Limited 2101 Beneficial owner
Yam Tak Cheung 2201 Interest of corporation controlled by you
Velocity International Limited 2101 Beneficial owner
Tcg Capital Investment Limited 2106 Person having a security interest in shares
Chan Yeung Nam 2201 Interest of corporation controlled by you

Huayu Expressway Group (HKSE:01823) Headlines

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