HTCO (High-Trend International Group) PB Ratio : 24.67 (As of Apr. 01, 2025)

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What is High-Trend International Group 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 (2025-04-01), High-Trend International Group's share price is $1.11. High-Trend International Group's Book Value per Share for the quarter that ended in Oct. 2024 was $0.05. Hence, High-Trend International Group's PB Ratio of today is 24.67.

Good Sign:

High-Trend International Group stock PB Ratio (=24.22) is close to 1-year low of 22.89.

The historical rank and industry rank for High-Trend International Group's PB Ratio or its related term are showing as below:

HTCO' s PB Ratio Range Over the Past 10 Years
Min: 6.08 Med: 13.14 Max: 91.56
Current: 22.2

During the past 5 years, High-Trend International Group's highest PB Ratio was 91.56. The lowest was 6.08. And the median was 13.14.

HTCO's PB Ratio is ranked worse than
99.15% of 939 companies
in the Transportation industry
Industry Median: 1.21 vs HTCO: 22.20

During the past 3 years, the average Book Value Per Share Growth Rate was 55.40% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of High-Trend International Group was 55.40% per year. The lowest was -1.70% per year. And the median was 26.85% per year.

Back to Basics: PB Ratio

High-Trend International Group PB Ratio Historical Data

The historical data trend for High-Trend International Group'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.

High-Trend International Group PB Ratio Chart

High-Trend International Group Annual Data

Trend

Oct20

Oct21

Oct22

Oct23

Oct24

PB Ratio

23.33

High-Trend International Group Semi-Annual Data
	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23	Apr24	Oct24
PB Ratio	Get a 7-Day Free Trial				-	-	-	-	23.33

Competitive Comparison of High-Trend International Group's PB Ratio

For the Marine Shipping subindustry, High-Trend International Group'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.

High-Trend International Group's PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, High-Trend International Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where High-Trend International Group's PB Ratio falls into.

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High-Trend International Group 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.

High-Trend International Group's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Oct. 2024)
	=	1.11	/	0.045
	=	24.67

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.

High-Trend International Group (NAS:HTCO) 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.

High-Trend International Group PB Ratio Related Terms

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High-Trend International Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » High-Trend International Group (NAS:HTCO) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

33 Hysan Avenue, Office Unit 1125, 11th Floor, Lee Garden One, Causeway Bay, Hong Kong, HKG

Website

http://www.caravelleglobal.com

High-Trend International Group formerly Caravelle International Group is an international operator of ocean transportation services. It is engaged in the seaborne transportation service under voyage contracts as well as vessel service for and on behalf of ship owners. The company has two operating segments namely, ocean transport and Heating business. The company derives the majority of its revenue from the Ocean transportation business. The company derives freight revenue from voyage contracts and provides vessel service.