Apex Ace Holding (HKSE:06036) PB Ratio : 1.65 (As of May. 16, 2024)

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What is Apex Ace 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 (2024-05-16), Apex Ace Holding's share price is HK$0.445. Apex Ace Holding's Book Value per Share for the quarter that ended in Dec. 2023 was HK$0.27. Hence, Apex Ace Holding's PB Ratio of today is 1.65.

Warning Sign:

Apex Ace Holding Ltd stock PB Ratio (=1.63) is close to 5-year high of 1.76

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

HKSE:06036' s PB Ratio Range Over the Past 10 Years
Min: 0.44 Med: 1.11 Max: 4.86
Current: 1.65

During the past 10 years, Apex Ace Holding's highest PB Ratio was 4.86. The lowest was 0.44. And the median was 1.11.

HKSE:06036's PB Ratio is ranked better than
56.3% of 2389 companies
in the Hardware industry
Industry Median: 1.86 vs HKSE:06036: 1.65

During the past 12 months, Apex Ace Holding's average Book Value Per Share Growth Rate was -6.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -2.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -1.80% per year.

During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of Apex Ace Holding was 41.90% per year. The lowest was -2.70% per year. And the median was 16.60% per year.

Back to Basics: PB Ratio

Apex Ace Holding PB Ratio Historical Data

The historical data trend for Apex Ace 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.

Apex Ace Holding PB Ratio Chart

Apex Ace Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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0.68

0.63

0.99

1.49

1.57

Apex Ace Holding Semi-Annual Data
	Dec14	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial												0.99	1.33	1.49	1.61	1.57

Competitive Comparison of Apex Ace Holding's PB Ratio

For the Electronics & Computer Distribution subindustry, Apex Ace 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.

Apex Ace Holding's PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Apex Ace Holding's PB Ratio distribution charts can be found below:

* The bar in red indicates where Apex Ace Holding's PB Ratio falls into.

Apex Ace 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.

Apex Ace Holding's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	0.445	/	0.27
	=	1.65

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.

Apex Ace Holding (HKSE:06036) 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.

Apex Ace Holding PB Ratio Related Terms

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Apex Ace Holding (HKSE:06036) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Apex Ace Holding Ltd (HKSE:06036) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

6011 Shennan Avenue, 26K, NEO Tower A, Futian District, Shenzhen, CHN

Website

https://www.apexace.com

Apex Ace Holding Ltd is a distributor of semiconductors and other electronic components and is engaged in the supply of digital storage products and general electronic components along with the provision of complementary technical support. It focuses on identifying, sourcing, selling and distributing electronic components produced by upstream manufacturers to downstream manufacturers in the PRC and Hong Kong. Its Digital Storage products include DRAM, FLASH and MCP memory products, which are applied to multimedia and mobile devices such as set-top boxes, smart TVs, wearable devices, mobile phones. Its General components include switches, connectors, passive components, main chips, sensors, power semiconductors and analog-to-digital converters.

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