Xinji Shaxi Group Co (HKSE:03603) PB Ratio : 0.06 (As of May. 25, 2024)

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What is Xinji Shaxi Group 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), Xinji Shaxi Group Co's share price is HK$0.057. Xinji Shaxi Group Co's Book Value per Share for the quarter that ended in Dec. 2023 was HK$0.98. Hence, Xinji Shaxi Group Co's PB Ratio of today is 0.06.

Good Sign:

Xinji Shaxi Group Co Ltd stock PB Ratio (=0.06) is close to 5-year low of 0.06

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

HKSE:03603' s PB Ratio Range Over the Past 10 Years
Min: 0.06 Med: 0.45 Max: 3.01
Current: 0.06

During the past 8 years, Xinji Shaxi Group Co's highest PB Ratio was 3.01. The lowest was 0.06. And the median was 0.45.

HKSE:03603's PB Ratio is ranked better than
98.8% of 1756 companies
in the Real Estate industry
Industry Median: 0.82 vs HKSE:03603: 0.06

During the past 12 months, Xinji Shaxi Group Co's average Book Value Per Share Growth Rate was -7.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -13.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -4.50% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Xinji Shaxi Group Co was 18.20% per year. The lowest was -13.40% per year. And the median was 7.90% per year.

Back to Basics: PB Ratio

Xinji Shaxi Group Co PB Ratio Historical Data

The historical data trend for Xinji Shaxi Group 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.

Xinji Shaxi Group Co PB Ratio Chart

Xinji Shaxi Group Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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2.40

1.29

0.45

0.24

0.23

Xinji Shaxi Group Co Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial								0.45	0.25	0.24	0.25	0.23

Competitive Comparison of Xinji Shaxi Group Co's PB Ratio

For the Real Estate Services subindustry, Xinji Shaxi Group 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.

Xinji Shaxi Group Co's PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Xinji Shaxi Group Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Xinji Shaxi Group Co's PB Ratio falls into.

Xinji Shaxi Group 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.

Xinji Shaxi Group Co's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	0.057	/	0.975
	=	0.06

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.

Xinji Shaxi Group Co (HKSE:03603) 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.

Xinji Shaxi Group Co PB Ratio Related Terms

Thank you for viewing the detailed overview of Xinji Shaxi Group Co's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Xinji Shaxi Group Co (HKSE:03603) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Xinji Shaxi Group Co Ltd (HKSE:03603) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

136–138 Austin Road, 3/F Golden Gate Commercial Building, Rooms 301–303, Tsim Sha Tsui, Kowloon, HKG

Website

https://www.xjsx.net.cn

Xinji Shaxi Group Co Ltd is engaged in managing owned and leased portfolio shopping mall which derives revenue from leasing floor areas to the tenants and providing comprehensive and continuous operation and management support to them in the PRC. It operates and manages hospitality supplies and home furnishing shopping malls, exhibition management services, and online shopping malls. The company has two operating segments which are Property leasing and Property management services of which it generates the majority of its revenue from Property leasing. Geographically the company operates in Hong Kong and the People's Republic of China.

Executives

Huang Wanyi
Mei Zuoting
Weixin Development Overseas Limited
Zhang Weixin
Zuoting Investment Limited
Cheung Hon Chuen
Honchuen Investment Limited
Lin Yi	2201 Interest of corporation controlled by you
Al Capital Holdings International Pte. Ltd.	2201 Interest of corporation controlled by you
Straits Universal Limited	2201 Interest of corporation controlled by you
Al Capital Funds Vcc For A/c Of Al Capital Global Opportunities Fund	2102 Investment manager
Honchuen Investment Limited	2101 Beneficial owner
Zhanpeng Investment (hongkong) Company Limited	2101 Beneficial owner
Huiqun Investment Limited	2101 Beneficial owner

Xinji Shaxi Group Co (HKSE:03603) Headlines

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