NCEW (New Century Logistics (BVI)) PB Ratio: 10.82 (As of Jul. 14, 2026) — 136% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NCEW New Century Logistics (BVI) Ltd NCEW
15 GF Score
Price $16.81
! 6 Warning Signs
View Full Analysis

What is New Century Logistics (BVI) PB Ratio?

New Century Logistics (BVI) NCEW +3.77% 15 PB Ratio is 10.82 as of Jul. 14, 2026, which is 136% above its 10-year median of 4.59. GuruFocus rates NCEW with a GF Score™ of 15/100. The stock has 6 warning signs investors should review. Among 964 Transportation companies, New Century Logistics (BVI) ranks worse than 97.1% on this metric.

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 (2026-07-14), New Century Logistics (BVI)'s share price is $16.81. New Century Logistics (BVI)'s Book Value per Share for the quarter that ended in Mar. 2026 was $1.55. Hence, New Century Logistics (BVI)'s PB Ratio of today is 10.82.

The historical rank and industry rank for New Century Logistics (BVI)'s PB Ratio or its related term are showing as below:

NCEW' s PB Ratio Range Over the Past 10 Years
Min: 1.71   Med: 4.59   Max: 12.52
Current: 10.85

During the past 5 years, New Century Logistics (BVI)'s highest PB Ratio was 12.52. The lowest was 1.71. And the median was 4.59.

NCEW's PB Ratio is ranked worse than
97.1% of 964 companies
in the Transportation industry
Industry Median: 1.24 vs NCEW: 10.85

During the past 12 months, New Century Logistics (BVI)'s average Book Value Per Share Growth Rate was -46.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -27.20% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of New Century Logistics (BVI) was -21.20% per year. The lowest was -27.20% per year. And the median was -24.20% per year.

Back to Basics: PB Ratio


New Century Logistics (BVI)  (NAS:NCEW) 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.


New Century Logistics (BVI) PB Ratio Related Terms


New Century Logistics (BVI) PB Ratio Historical Data

* Premium members only.

The historical data trend for New Century Logistics (BVI)'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.

New Century Logistics (BVI) PB Ratio Chart

New Century Logistics (BVI) Annual Data
Trend Sep21 Sep22 Sep23 Sep24 Sep25
PB Ratio
0.00 0.00 0.00 0.00 2.98

New Century Logistics (BVI) Semi-Annual Data
Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 4.58 2.98 7.72

NCEW vs JANL, CRGO, SFWL: PB Ratio Comparison

For the Integrated Freight & Logistics subindustry, New Century Logistics (BVI)'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.


New Century Logistics (BVI) PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, New Century Logistics (BVI)'s PB Ratio distribution charts can be found below:

* The bar in red indicates where New Century Logistics (BVI)'s PB Ratio falls into.


NCEW
15GF Score
New Century Logistics (BVI) Ltd NCEW
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

New Century Logistics (BVI) 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.

New Century Logistics (BVI)'s PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=16.81/1.553
=10.82

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 10.82 mean?
New Century Logistics (BVI) (NCEW) has a PB Ratio of 10.82 as of Jul. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on New Century Logistics (BVI) and its competitors. This is 136% above median its historical median of 4.59. Over the past decade, New Century Logistics (BVI)'s PB Ratio has ranged from 1.71 to 12.52. According to the industry distribution chart, New Century Logistics (BVI) ranks #936 out of 964 companies in the Transportation industry, placing it in the top 97.1%.
Is New Century Logistics (BVI)'s PB Ratio too high?
New Century Logistics (BVI)'s current PB Ratio of 10.82 is 136% above median its 10-year median of 4.59. Over the past 10 years, this metric has ranged from a low of 1.71 to a high of 12.52. The Transportation industry median PB Ratio is 1.24. New Century Logistics (BVI)'s value of 10.82 is 772.6% above this industry median. Based on the distribution chart, New Century Logistics (BVI) ranks #936 out of 964 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, New Century Logistics (BVI) has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does New Century Logistics (BVI)'s PB Ratio compare to JANL and CRGO?
According to the Transportation industry distribution chart, New Century Logistics (BVI) ranks #936 out of 964 companies for PB Ratio. This places New Century Logistics (BVI) in the lower half of its industry. The industry median PB Ratio is 1.24. New Century Logistics (BVI)'s value of 10.82 is 772.6% above this benchmark. Historically, New Century Logistics (BVI)'s own PB Ratio has ranged from 1.71 to 12.52 over the past decade. While the company's 10-year median is 4.59 vs. the industry median of 1.24, New Century Logistics (BVI) has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Transportation company?
The median PB Ratio among Transportation companies is 1.24, based on 964 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. New Century Logistics (BVI)'s current PB Ratio of 10.82 is 772.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on New Century Logistics (BVI) and its competitors. For the Transportation industry, the median PB Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Century Logistics (BVI)'s current PB Ratio is 10.82, which is 136% above median its own 10-year median of 4.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Century Logistics (BVI) stock overvalued right now?
New Century Logistics (BVI) (NCEW) has a current PB Ratio of 10.82. The current PB Ratio is 10.82, which is 136% above median its 10-year median of 4.59 and 772.6% above the Transportation industry median of 1.24. New Century Logistics (BVI)'s overall GF Score™ is 15/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For New Century Logistics (BVI) (NCEW), the current PB Ratio is 10.82 as of Jul. 14, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

New Century Logistics (BVI) Business Description

Address 55 King Yip Street, Office A-E, 33rd Floor, King Palace Plaza, Kwun Tong, Kowloon, Hong Kong, HKG
New Century Logistics (BVI) Ltd is a freight forwarding service provider based in Hong Kong. The company offers air and ocean export and import freight forwarding services, including the sale of cargo space, cargo pickup, off-airport air cargo security screening, palletization, preparation of shipping documentation, arrangement of customs clearance, and cargo handling at ports. It provides a full range of logistics services supported by a robust international network that facilitates the movement of customers goods. Its services include Project Cargo, Warehousing & Distribution, Ocean Freight Import & Export, and Air Freight Import & Export. The company operates in the British Virgin Islands and Hong Kong, with the majority of its revenue generated from Hong Kong.
15GF Score

Get the complete analysis for NCEW

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$16.81
Price