Ronshine Service Holding Co (HKSE:02207) PB Ratio : 0.54 (As of May. 25, 2024)

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What is Ronshine Service Holding Co 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), Ronshine Service Holding Co's share price is HK$0.83. Ronshine Service Holding Co's Book Value per Share for the quarter that ended in Dec. 2023 was HK$1.53. Hence, Ronshine Service Holding Co's PB Ratio of today is 0.54.

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

HKSE:02207' s PB Ratio Range Over the Past 10 Years
Min: 0.23 Med: 2.57 Max: 43.03
Current: 0.54

During the past 6 years, Ronshine Service Holding Co's highest PB Ratio was 43.03. The lowest was 0.23. And the median was 2.57.

HKSE:02207's PB Ratio is ranked better than
67.46% of 1755 companies
in the Real Estate industry
Industry Median: 0.82 vs HKSE:02207: 0.54

During the past 12 months, Ronshine Service Holding Co's average Book Value Per Share Growth Rate was -0.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 126.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 87.70% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Ronshine Service Holding Co was 161.30% per year. The lowest was 84.10% per year. And the median was 126.50% per year.

Back to Basics: PB Ratio

Ronshine Service Holding Co PB Ratio Historical Data

The historical data trend for Ronshine Service Holding Co'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.

Ronshine Service Holding Co PB Ratio Chart

Ronshine Service Holding Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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2.95

2.72

0.28

Ronshine Service Holding Co Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial					2.95	2.76	2.72	2.50	0.28

Competitive Comparison of Ronshine Service Holding Co's PB Ratio

For the Real Estate Services subindustry, Ronshine Service Holding Co'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.

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

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

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

Ronshine Service Holding Co 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.

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

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	0.83	/	1.534
	=	0.54

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.

Ronshine Service Holding Co (HKSE:02207) 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.

Ronshine Service Holding Co PB Ratio Related Terms

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Ronshine Service Holding Co (HKSE:02207) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Ronshine Service Holding Co Ltd (HKSE:02207) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lane 226 Panyang Road, Room 401-3, Building No. 6, Minhang District, Shanghai, CHN

Website

http://www.rxswy.com

Ronshine Service Holding Co Ltd is principally engaged in the provision of property management services and related value-added services, including pre-delivery services, household assistance services, sales services, and other services in China. The company derives a majority of its revenue from the People's Republic of China.

Executives

Ou Zonghong	2307 Founder of a discretionary trust who can infl
Hsbc International Trustee Limited	2301 Trustee
Rongan Juxiang Co., Ltd	2201 Interest of corporation controlled by you
Rongxin Yipin Co., Ltd	2101 Beneficial owner
Fumei International Co., Ltd	2101 Beneficial owner

Ronshine Service Holding Co (HKSE:02207) Headlines

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