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i-CABLE Communications (i-CABLE Communications) PB Ratio : (As of May. 16, 2024)


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What is i-CABLE Communications 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 (2024-05-16), i-CABLE Communications's share price is $0.001. i-CABLE Communications's Book Value per Share for the quarter that ended in Dec. 2023 was $-0.02. Hence, i-CABLE Communications's PB Ratio of today is .

The historical rank and industry rank for i-CABLE Communications's PB Ratio or its related term are showing as below:

During the past 13 years, i-CABLE Communications's highest PB Ratio was 4.01. The lowest was 0.51. And the median was 1.25.

ICABF's PB Ratio is not ranked *
in the Media - Diversified industry.
Industry Median: 1.47
* Ranked among companies with meaningful PB Ratio only.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of i-CABLE Communications was 13.80% per year. The lowest was -43.90% per year. And the median was -10.25% per year.

Back to Basics: PB Ratio


i-CABLE Communications PB Ratio Historical Data

The historical data trend for i-CABLE Communications'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.

i-CABLE Communications PB Ratio Chart

i-CABLE Communications Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.29 2.67 - -

i-CABLE Communications Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 2.67 - - - -

Competitive Comparison of i-CABLE Communications's PB Ratio

For the Entertainment subindustry, i-CABLE Communications'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.


i-CABLE Communications's PB Ratio Distribution in the Media - Diversified Industry

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

* The bar in red indicates where i-CABLE Communications's PB Ratio falls into.



i-CABLE Communications 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.

i-CABLE Communications's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=0.001/-0.024
=

* 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.


i-CABLE Communications  (OTCPK:ICABF) 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.


i-CABLE Communications PB Ratio Related Terms

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i-CABLE Communications (i-CABLE Communications) Business Description

Traded in Other Exchanges
Address
9 Hoi Shing Road, 7th Floor, Cable TV Tower, Tsuen Wan, Hong Kong, HKG
i-CABLE Communications Ltd is an investment holding company engaged in operating in two business segments; The media segment includes operations related to the television subscription business, domestic free television program service, advertising, channel carriage, television relay service, program licensing, theatrical release, and other related businesses, and The telecommunications segment includes operations related to broadband internet access services, portal operation, telephony services, network leasing, network construction, mobile service, and mobile agency service as well as other related businesses.

i-CABLE Communications (i-CABLE Communications) Headlines

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