KRP Development Holdings (HKSE:02421) PB Ratio : 0.37 (As of May. 16, 2024)

View and export this data going back to 2023. Start your Free Trial

What is KRP Development 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 (2024-05-16), KRP Development Holdings's share price is HK$0.69. KRP Development Holdings's Book Value per Share for the quarter that ended in Mar. 2023 was HK$1.87. Hence, KRP Development Holdings's PB Ratio of today is 0.37.

Good Sign:

KRP Development Holdings Ltd stock PB Ratio (=0.39) is close to 2-year low of 0.39

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

HKSE:02421' s PB Ratio Range Over the Past 10 Years
Min: 0.36 Med: 0.51 Max: 0.87
Current: 0.37

During the past 4 years, KRP Development Holdings's highest PB Ratio was 0.87. The lowest was 0.36. And the median was 0.51.

HKSE:02421's PB Ratio is ranked better than
78.88% of 1757 companies
in the Real Estate industry
Industry Median: 0.82 vs HKSE:02421: 0.37

During the past 12 months, KRP Development Holdings's average Book Value Per Share Growth Rate was 2.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 38.20% per year.

During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of KRP Development Holdings was 38.20% per year. The lowest was 38.20% per year. And the median was 38.20% per year.

Back to Basics: PB Ratio

KRP Development Holdings PB Ratio Historical Data

The historical data trend for KRP Development 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.

KRP Development Holdings PB Ratio Chart

KRP Development Holdings Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

PB Ratio

0.75

KRP Development Holdings Semi-Annual Data
	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23
PB Ratio	Get a 7-Day Free Trial			-	-	-	-	0.75

Competitive Comparison of KRP Development Holdings's PB Ratio

For the Real Estate - Development subindustry, KRP Development 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.

KRP Development Holdings's PB Ratio Distribution in the Real Estate Industry

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

* The bar in red indicates where KRP Development Holdings's PB Ratio falls into.

KRP Development 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.

KRP Development Holdings's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Mar. 2023)
	=	0.69	/	1.867
	=	0.37

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.

KRP Development Holdings (HKSE:02421) 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.

KRP Development Holdings PB Ratio Related Terms

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

KRP Development Holdings (HKSE:02421) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » KRP Development Holdings Ltd (HKSE:02421) » Definitions » PB Ratio

Traded in Other Exchanges

N/A

Address

611–619 Castle Peak Road, Block C, 9th Floor, Southeast Industrial Building, Tsuen Wan, New Territories, Hong Kong, HKG

Website

http://www.krpd.com.hk

KRP Development Holdings Ltd is a boutique residential property developer, It is principally engaged in development and sales of residential properties in the fast-developing residential markets in Dongguan, Huizhou and Foshan. It has developed two product series for homebuyers, namely, Villas series, targeting middle income and move-up homebuyers, and Mansion, targeting first-time homebuyers and retirees.

KRP Development Holdings (HKSE:02421) Headlines

No Headlines