Dowway Holdings (HKSE:08403) PB Ratio : 28.48 (As of Jun. 21, 2024)

View and export this data going back to 2018. Start your Free Trial

What is Dowway Holdings 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 (2024-06-21), Dowway Holdings's share price is HK$0.94. Dowway Holdings's Book Value per Share for the quarter that ended in Dec. 2023 was HK$0.03. Hence, Dowway Holdings's PB Ratio of today is 28.48.

Warning Sign:

Dowway Holdings Ltd stock PB Ratio (=27.88) is close to 10-year high of 28.48

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

HKSE:08403' s PB Ratio Range Over the Past 10 Years
Min: 0.77 Med: 1.5 Max: 28.48
Current: 27.88

During the past 9 years, Dowway Holdings's highest PB Ratio was 28.48. The lowest was 0.77. And the median was 1.50.

HKSE:08403's PB Ratio is ranked worse than
98.63% of 948 companies
in the Media - Diversified industry
Industry Median: 1.38 vs HKSE:08403: 27.88

During the past 12 months, Dowway Holdings's average Book Value Per Share Growth Rate was -82.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -63.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -44.50% per year.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Dowway Holdings was 60.50% per year. The lowest was -63.30% per year. And the median was 9.20% per year.

Back to Basics: PB Ratio

Dowway Holdings PB Ratio Historical Data

The historical data trend for Dowway Holdings'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.

Dowway Holdings PB Ratio Chart

Dowway Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

Get a 7-Day Free Trial

0.91

1.20

1.55

5.29

15.76

Dowway Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio	Get a 7-Day Free Trial															5.29	5.93	6.86	7.44	15.76

Competitive Comparison of Dowway Holdings's PB Ratio

For the Advertising Agencies subindustry, Dowway Holdings'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.

Dowway Holdings's PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Dowway Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where Dowway Holdings's PB Ratio falls into.

Dowway Holdings 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.

Dowway Holdings's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	0.94	/	0.033
	=	28.48

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.

Dowway Holdings (HKSE:08403) 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.

Dowway Holdings PB Ratio Related Terms

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

Dowway Holdings (HKSE:08403) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Dowway Holdings Ltd (HKSE:08403) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.12 Dongdaqiao Road, Room No. 501-509, 5th Floor, Run Cheng Centre, Chaoyang District, Beijing, CHN, 100020

Website

http://www.dowway-exh.com

Dowway Holdings Ltd is an integrated exhibition and event management services provider. The company engages in the design, planning, coordination, and management of exhibitions and events in the PRC. Its events and exhibitions include showcases, promotions, and sales of branded automobiles by internationally renowned automobile companies. It has two operating segments that include the Exhibition and event-related business, and the Advertising related business. The majority of the revenue is generated from Exhibition and event-related business segments.

Executives

A&b Development Holding Limited	2101 Beneficial owner
Huang Xiaodi	2101 Beneficial owner
Lin Yuting	2202 Interest of your spouse
Wing Ka Yuen Company Limited	2101 Beneficial owner
Dong Kejia	2101 Beneficial owner

Dowway Holdings (HKSE:08403) Headlines

No Headlines