GURUFOCUS.COM » STOCK LIST » Technology » Software » Beisen Holding Ltd (HKSE:09669) » Definitions » PB Ratio

Beisen Holding (HKSE:09669) PB Ratio : 2.76 (As of May. 22, 2024)


View and export this data going back to 2023. Start your Free Trial

What is Beisen 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 (2024-05-22), Beisen Holding's share price is HK$5.06. Beisen Holding's Book Value per Share for the quarter that ended in Sep. 2023 was HK$1.83. Hence, Beisen Holding's PB Ratio of today is 2.76.

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

HKSE:09669' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 3.26
Current: 2.77

During the past 5 years, Beisen Holding's highest PB Ratio was 3.26. The lowest was 0.00. And the median was 0.00.

HKSE:09669's PB Ratio is ranked worse than
50.23% of 2578 companies
in the Software industry
Industry Median: 2.72 vs HKSE:09669: 2.77

During the past 3 years, the average Book Value Per Share Growth Rate was -44.70% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Beisen Holding was -44.70% per year. The lowest was -53.40% per year. And the median was -49.05% per year.

Back to Basics: PB Ratio


Beisen Holding PB Ratio Historical Data

The historical data trend for Beisen 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.

Beisen Holding PB Ratio Chart

Beisen Holding Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
PB Ratio
- - - - -

Beisen Holding Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
PB Ratio Get a 7-Day Free Trial - - - - 3.09

Competitive Comparison of Beisen Holding's PB Ratio

For the Software - Application subindustry, Beisen 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.


Beisen Holding's PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Beisen Holding's PB Ratio distribution charts can be found below:

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



Beisen 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2023)
=5.06/1.833
=2.76

* 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.


Beisen Holding  (HKSE:09669) 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.


Beisen Holding PB Ratio Related Terms

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


Beisen Holding (HKSE:09669) Business Description

Traded in Other Exchanges
Address
No. 35 Shangdi East Road, Room 710, Building 1. Block B, Yiquanhui Building, Haidian District, Beijing, CHN
Beisen Holding Ltd is an investment holding company. The company and its subsidiaries are primarily engaged in providing cloud-based human capital management (HCM) solutions in the People's Republic of China which enables customers to recruit, evaluate, manage, develop, and retain talents efficiently. Its platform iTalentX delivers cloud-native SaaS products, namely cloud-based HCM solutions, for enterprises to recruit, evaluate, manage, and retain talents. Its platform offers a full suite of cloud-based applications covering an organization's HCM needs throughout the entire employee lifecycle.

Beisen Holding (HKSE:09669) Headlines

No Headlines