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Tasty Concepts Holding (HKSE:08096) PB Ratio : 1.20 (As of Dec. 15, 2024)


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What is Tasty Concepts 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 (2024-12-15), Tasty Concepts Holding's share price is HK$0.116. Tasty Concepts Holding's Book Value per Share for the quarter that ended in Mar. 2024 was HK$0.10. Hence, Tasty Concepts Holding's PB Ratio of today is 1.20.

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

HKSE:08096' s PB Ratio Range Over the Past 10 Years
Min: 0.6   Med: 2.06   Max: 400
Current: 1.16

During the past 8 years, Tasty Concepts Holding's highest PB Ratio was 400.00. The lowest was 0.60. And the median was 2.06.

HKSE:08096's PB Ratio is ranked better than
81.61% of 310 companies
in the Restaurants industry
Industry Median: 2.63 vs HKSE:08096: 1.16

During the past 12 months, Tasty Concepts Holding's average Book Value Per Share Growth Rate was 74.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -34.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -46.10% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Tasty Concepts Holding was 12.30% per year. The lowest was -56.50% per year. And the median was -34.50% per year.

Back to Basics: PB Ratio


Tasty Concepts Holding PB Ratio Historical Data

The historical data trend for Tasty Concepts 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.

Tasty Concepts Holding PB Ratio Chart

Tasty Concepts Holding Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
PB Ratio
Get a 7-Day Free Trial 1.12 2.36 23.99 4.36 1.65

Tasty Concepts Holding Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 Sep24
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 4.36 - 216.00 1.65 1.13

Competitive Comparison of Tasty Concepts Holding's PB Ratio

For the Restaurants subindustry, Tasty Concepts 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.


Tasty Concepts Holding's PB Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Tasty Concepts Holding's PB Ratio distribution charts can be found below:

* The bar in red indicates where Tasty Concepts Holding's PB Ratio falls into.



Tasty Concepts 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.

Tasty Concepts Holding's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=0.116/0.097
=1.20

* 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.


Tasty Concepts Holding  (HKSE:08096) 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.


Tasty Concepts Holding PB Ratio Related Terms

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


Tasty Concepts Holding Business Description

Traded in Other Exchanges
N/A
Address
63-69 Wellington Street, Ground Floor, Fortuna Building, Central, HKG
Tasty Concepts Holding Ltd is an investment holding company. The group is engaged in the operation of Japanese ramen restaurants in Hong Kong and the PRC. The company derives maximum revenue from Hong Kong. It also earns revenue from the sales of food and related products and royalty fee income from a franchisee which is located in PRC and Macau.
Executives
Goldstone 1 Lpf 2101 Beneficial owner
Goldstone Wealth Management Limited 2101 Beneficial owner
Lam Yu Chor Paul 2201 Interest of corporation controlled by you
China New Consumption Group Limited 2201 Interest of corporation controlled by you
Everest Enterprise Company Limited 2201 Interest of corporation controlled by you
Longson Enterprise Development Company Limited 2101 Beneficial owner
Brilliant Trade Enterprises Limited 2101 Beneficial owner
Lee Wai Yu Giselle 2202 Interest of your spouse
Tai Shiu Bun Mariana 2202 Interest of your spouse
Tang Chun Ho Chandler 2201 Interest of corporation controlled by you
Tang Hing Chee 2201 Interest of corporation controlled by you

Tasty Concepts Holding Headlines

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