GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » China Merchants Securities Asset Management Co.,Ltd (HKSE:06099) » Definitions » PB Ratio

China Merchants Securities Asset Management Co.,Ltd (HKSE:06099) PB Ratio : 0.87 (As of Mar. 29, 2025)


View and export this data going back to 2016. Start your Free Trial

What is China Merchants Securities Asset Management Co.,Ltd 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 (2025-03-29), China Merchants Securities Asset Management Co.,Ltd's share price is HK$13.86. China Merchants Securities Asset Management Co.,Ltd's Book Value per Share for the quarter that ended in Dec. 2024 was HK$15.98. Hence, China Merchants Securities Asset Management Co.,Ltd's PB Ratio of today is 0.87.

The historical rank and industry rank for China Merchants Securities Asset Management Co.,Ltd's PB Ratio or its related term are showing as below:

HKSE:06099' s PB Ratio Range Over the Past 10 Years
Min: 0.92   Med: 1.38   Max: 4.87
Current: 1.19

During the past 13 years, China Merchants Securities Asset Management Co.,Ltd's highest PB Ratio was 4.87. The lowest was 0.92. And the median was 1.38.

HKSE:06099's PB Ratio is ranked better than
51.12% of 757 companies
in the Capital Markets industry
Industry Median: 1.26 vs HKSE:06099: 1.19

During the past 12 months, China Merchants Securities Asset Management Co.,Ltd's average Book Value Per Share Growth Rate was 6.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 9.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of China Merchants Securities Asset Management Co.,Ltd was 69.60% per year. The lowest was 4.20% per year. And the median was 11.50% per year.

Back to Basics: PB Ratio


China Merchants Securities Asset Management Co.,Ltd PB Ratio Historical Data

The historical data trend for China Merchants Securities Asset Management Co.,Ltd'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.

China Merchants Securities Asset Management Co.,Ltd PB Ratio Chart

China Merchants Securities Asset Management Co.,Ltd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.81 0.75 0.52 0.42 0.99

China Merchants Securities Asset Management Co.,Ltd Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.42 0.39 0.40 0.57 0.99

Competitive Comparison of China Merchants Securities Asset Management Co.,Ltd's PB Ratio

For the Capital Markets subindustry, China Merchants Securities Asset Management Co.,Ltd'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.


China Merchants Securities Asset Management Co.,Ltd's PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, China Merchants Securities Asset Management Co.,Ltd's PB Ratio distribution charts can be found below:

* The bar in red indicates where China Merchants Securities Asset Management Co.,Ltd's PB Ratio falls into.


;
;

China Merchants Securities Asset Management Co.,Ltd 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.

China Merchants Securities Asset Management Co.,Ltd's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2024)
=13.86/15.982
=0.87

* 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.

It can also be calculated from the numbers for the whole company:

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.


China Merchants Securities Asset Management Co.,Ltd  (HKSE:06099) 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.


China Merchants Securities Asset Management Co.,Ltd PB Ratio Related Terms

Thank you for viewing the detailed overview of China Merchants Securities Asset Management Co.,Ltd's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


China Merchants Securities Asset Management Co.,Ltd Business Description

Traded in Other Exchanges
Address
No. 111, Fuhua First Road, Futian Street, Futian District, Guangdong Province, Shenzhen, CHN, 518046
China Merchants Securities Asset Management Co.,Ltd formerly China Merchants Securities Co Ltd is a financial service provider. The company provides services like, investment banking, financial advisory, equity underwriting, assets management, investment advisory, and trading equity securities among others. Its business is divided into four segments: Wealth management and institutional business; Investment banking; Investment management; and Investment and trading. The Wealth management and institutional business segment which generates key revenue engages in the trading of stocks and futures contracts on behalf of clients and includes margin financing, securities lending, and selling financial and other wealth management products.
Executives
He Bei Gang Kou Ji Tuan You Xian Gong Si 2101 Beneficial owner
Best Winner Investment Limited 2101 Beneficial owner
China Merchants Group Limited 2201 Interest of corporation controlled by you
Zhao Shang Ju Lun Chuan You Xian Gong Si 2201 Interest of corporation controlled by you
Zhao Rong Tou Zi Kong Gu Xiang Gang You Xian Gong Si 2201 Interest of corporation controlled by you
Shen Zhen Shi Zhao Rong Tou Zi Kong Gu You Xian Gong Si 2201 Interest of corporation controlled by you
Cosco Shipping Financial Holdings Co., Limited 2101 Beneficial owner
Zhong Guo Yuan Yang Hai Yun Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Ren Min Bao Xian Ji Tuan Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Ren Min Ren Shou Bao Xian Gu Fen You Xian Gong Si 2101 Beneficial owner

China Merchants Securities Asset Management Co.,Ltd Headlines

No Headlines