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First Service Holding (HKSE:02107) PB Ratio : 0.47 (As of May. 11, 2024)


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What is First Service Holding 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 (2024-05-11), First Service Holding's share price is HK$0.34. First Service Holding's Book Value per Share for the quarter that ended in Dec. 2023 was HK$0.72. Hence, First Service Holding's PB Ratio of today is 0.47.

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

HKSE:02107' s PB Ratio Range Over the Past 10 Years
Min: 0.27   Med: 1.01   Max: 6.27
Current: 0.47

During the past 7 years, First Service Holding's highest PB Ratio was 6.27. The lowest was 0.27. And the median was 1.01.

HKSE:02107's PB Ratio is ranked better than
71.49% of 1754 companies
in the Real Estate industry
Industry Median: 0.82 vs HKSE:02107: 0.47

During the past 12 months, First Service Holding's average Book Value Per Share Growth Rate was 2.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -2.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 19.80% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of First Service Holding was 39.00% per year. The lowest was -2.40% per year. And the median was 33.35% per year.

Back to Basics: PB Ratio


First Service Holding PB Ratio Historical Data

The historical data trend for First Service Holding'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.

First Service Holding PB Ratio Chart

First Service Holding Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial - 1.37 1.66 0.80 0.30

First Service Holding Semi-Annual Data
Dec17 Dec18 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 1.66 1.18 0.80 0.80 0.30

Competitive Comparison of First Service Holding's PB Ratio

For the Real Estate Services subindustry, First Service Holding'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.


First Service Holding's PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, First Service Holding's PB Ratio distribution charts can be found below:

* The bar in red indicates where First Service Holding's PB Ratio falls into.



First Service Holding 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.

First Service Holding's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=0.34/0.719
=0.47

* 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.


First Service Holding  (HKSE:02107) 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.


First Service Holding PB Ratio Related Terms

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First Service Holding (HKSE:02107) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Xiangheyuan Road, Dongzhimenwai, 3rd Floor, Building 10, Wanguocheng MOMA, Dongcheng District, Beijing, CHN, 100028
First Service Holding Ltd is a provider of property management services and green living solutions that cover the full property life cycle. The company's service portfolio is segregated into three business lines Property management services comprising cleaning, security, gardening and repair and maintenance; Green living solutions comprising energy operation services, green technology consulting services, systems installation services and sales of its AIRDINO systems; and Value-added services comprising parking space management services, communal area leasing services, sales assistance services, home living services, and preliminary planning and design consultancy.

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