JiaChen Holding Group (HKSE:01937) PB Ratio : 0.72 (As of May. 05, 2024)

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What is JiaChen Holding 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 (2024-05-05), JiaChen Holding Group's share price is HK$0.244. JiaChen Holding Group's Book Value per Share for the quarter that ended in Jun. 2023 was HK$0.34. Hence, JiaChen Holding Group's PB Ratio of today is 0.72.

Good Sign:

JiaChen Holding Group Ltd stock PB Ratio (=0.73) is close to 2-year low of 0.66

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

HKSE:01937' s PB Ratio Range Over the Past 10 Years
Min: 0.28 Med: 1.15 Max: 4.49
Current: 0.72

During the past 8 years, JiaChen Holding Group's highest PB Ratio was 4.49. The lowest was 0.28. And the median was 1.15.

HKSE:01937's PB Ratio is ranked better than
72.71% of 1616 companies
in the Construction industry
Industry Median: 1.25 vs HKSE:01937: 0.72

During the past 12 months, JiaChen Holding Group's average Book Value Per Share Growth Rate was -4.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 22.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 22.50% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of JiaChen Holding Group was 30.30% per year. The lowest was 18.30% per year. And the median was 25.50% per year.

Back to Basics: PB Ratio

JiaChen Holding Group PB Ratio Historical Data

The historical data trend for JiaChen Holding 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.

JiaChen Holding Group PB Ratio Chart

JiaChen Holding Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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0.29

2.85

1.41

0.94

JiaChen Holding Group 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									2.85	1.92	1.41	1.48	0.94

Competitive Comparison of JiaChen Holding Group's PB Ratio

For the Building Products & Equipment subindustry, JiaChen Holding 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.

JiaChen Holding Group's PB Ratio Distribution in the Construction Industry

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

* The bar in red indicates where JiaChen Holding Group's PB Ratio falls into.

JiaChen Holding 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.

JiaChen Holding Group's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Jun. 2023)
	=	0.244	/	0.341
	=	0.72

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.

JiaChen Holding Group (HKSE:01937) 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.

JiaChen Holding Group PB Ratio Related Terms

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JiaChen Holding Group (HKSE:01937) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » JiaChen Holding Group Ltd (HKSE:01937) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.18 Changhong East Road, Henglin Town, Wujin District, Jiangsu, Changzhou, CHN

Website

https://www.jiachencn.com.cn

JiaChen Holding Group Ltd is engaged in manufacturing and sales of access flooring products and provide related installation services. Its segments consist of Steel access flooring plates; and Calcium-sulfate access flooring plates. Its access flooring products have been applied in office buildings in the China with characteristics of cable management (wires and cables are managed and organized underfloor with flexibility to accommodate any electronic devices); short installation time; high compressive strength and fire-resistance characteristic; and high bearing capacity. Geographical presence of the company is in Hong Kong, Hong Kong, PRC and Other country and regions.

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