JY Grandmark Holdings (HKSE:02231) PB Ratio : 3.45 (As of Jun. 24, 2024)

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What is JY Grandmark Holdings 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 (2024-06-24), JY Grandmark Holdings's share price is HK$0.90. JY Grandmark Holdings's Book Value per Share for the quarter that ended in Dec. 2023 was HK$0.26. Hence, JY Grandmark Holdings's PB Ratio of today is 3.45.

The historical rank and industry rank for JY Grandmark Holdings's PB Ratio or its related term are showing as below:

HKSE:02231' s PB Ratio Range Over the Past 10 Years
Min: 0.54 Med: 1.32 Max: 8.28
Current: 3.46

During the past 8 years, JY Grandmark Holdings's highest PB Ratio was 8.28. The lowest was 0.54. And the median was 1.32.

HKSE:02231's PB Ratio is ranked worse than
90.13% of 1753 companies
in the Real Estate industry
Industry Median: 0.78 vs HKSE:02231: 3.46

During the past 12 months, JY Grandmark Holdings's average Book Value Per Share Growth Rate was -82.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -50.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -6.90% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of JY Grandmark Holdings was 237.10% per year. The lowest was -50.80% per year. And the median was 81.00% per year.

Back to Basics: PB Ratio

JY Grandmark Holdings PB Ratio Historical Data

The historical data trend for JY Grandmark Holdings'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.

JY Grandmark Holdings PB Ratio Chart

JY Grandmark Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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1.72

1.30

0.99

0.81

3.95

JY Grandmark Holdings 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									0.99	0.84	0.81	0.99	3.95

Competitive Comparison of JY Grandmark Holdings's PB Ratio

For the Real Estate - Development subindustry, JY Grandmark Holdings'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.

JY Grandmark Holdings's PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, JY Grandmark Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where JY Grandmark Holdings's PB Ratio falls into.

JY Grandmark Holdings 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.

JY Grandmark Holdings's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	0.90	/	0.261
	=	3.45

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.

JY Grandmark Holdings (HKSE:02231) 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.

JY Grandmark Holdings PB Ratio Related Terms

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JY Grandmark Holdings (HKSE:02231) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » JY Grandmark Holdings Ltd (HKSE:02231) » Definitions » PB Ratio

Traded in Other Exchanges

N/A

Address

No. 106, Fengze East Road, JY Grandmark Building, Nansha District, Guangdong Province, Guangzhou, CHN

Website

http://www.jygrandmark.com

JY Grandmark Holdings Ltd is a provider of property developers, operators, and property management services. The company offers residential properties to its customers in Guangdong and Hainan provinces of China. It has landed in Guangdong, Hainan, Yunnan, and Hunan provinces for further development. The Group is organized into four business segments: Property development and sales, Commercial property investment, Hotel operations, and Property management. The Property development and sales segment act as a key revenue driver for the firm.

Executives

Iq Eq (bvi) Limited	2301 Trustee
Sze Ming Limited	2101 Beneficial owner
Chan Sze Ming Michael	2307 Founder of a discretionary trust who can infl
Shum Wing Yin	2202 Interest of your spouse

JY Grandmark Holdings (HKSE:02231) Headlines

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