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Plateau Treasures (HKSE:08402) PB Ratio : 3.13 (As of Dec. 14, 2024)


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What is Plateau Treasures 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 (2024-12-14), Plateau Treasures's share price is HK$0.375. Plateau Treasures's Book Value per Share for the quarter that ended in Jun. 2024 was HK$0.12. Hence, Plateau Treasures's PB Ratio of today is 3.13.

The historical rank and industry rank for Plateau Treasures's PB Ratio or its related term are showing as below:

HKSE:08402' s PB Ratio Range Over the Past 10 Years
Min: 0.24   Med: 1.55   Max: 17.31
Current: 3.13

During the past 9 years, Plateau Treasures's highest PB Ratio was 17.31. The lowest was 0.24. And the median was 1.55.

HKSE:08402's PB Ratio is ranked worse than
86.75% of 619 companies
in the Steel industry
Industry Median: 0.95 vs HKSE:08402: 3.13

During the past 3 years, the average Book Value Per Share Growth Rate was -29.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -20.80% per year.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Plateau Treasures was 57.90% per year. The lowest was -29.00% per year. And the median was 1.20% per year.

Back to Basics: PB Ratio


Plateau Treasures PB Ratio Historical Data

The historical data trend for Plateau Treasures'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.

Plateau Treasures PB Ratio Chart

Plateau Treasures Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only 1.22 0.54 10.28 16.19 5.38

Plateau Treasures Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24
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 - 13.74 - 5.38 1.78

Competitive Comparison of Plateau Treasures's PB Ratio

For the Steel subindustry, Plateau Treasures'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.


Plateau Treasures's PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Plateau Treasures's PB Ratio distribution charts can be found below:

* The bar in red indicates where Plateau Treasures's PB Ratio falls into.



Plateau Treasures 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.

Plateau Treasures's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2024)
=0.375/0.12
=3.13

* 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.


Plateau Treasures  (HKSE:08402) 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.


Plateau Treasures PB Ratio Related Terms

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


Plateau Treasures Business Description

Traded in Other Exchanges
N/A
Address
64 Woodlands Industrial Park E9, Singapore, SGP, 757833
Plateau Treasures Ltd is an independent structural steel manufacturer. It is a professional steel structure engineering company that innovatively designs, supplies, manufactures, and installs a variety of standardized and customized steel structures.
Executives
Million Treasure International Holdings Limited 2101 Beneficial owner
Zhang Zhang 2201 Interest of corporation controlled by you
Broadbville Limited 2101 Beneficial owner
Koh Siew Khing 2202 Interest of your spouse
Ong Cheng Yew 2201 Interest of corporation controlled by you

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