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HG Metal Manufacturing (SGX:BTG) PB Ratio : 0.41 (As of Jun. 07, 2024)


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What is HG Metal Manufacturing 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 (2024-06-07), HG Metal Manufacturing's share price is S$0.295. HG Metal Manufacturing's Book Value per Share for the quarter that ended in Dec. 2023 was S$0.72. Hence, HG Metal Manufacturing's PB Ratio of today is 0.41.

The historical rank and industry rank for HG Metal Manufacturing's PB Ratio or its related term are showing as below:

SGX:BTG' s PB Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.4   Max: 0.77
Current: 0.41

During the past 13 years, HG Metal Manufacturing's highest PB Ratio was 0.77. The lowest was 0.21. And the median was 0.40.

SGX:BTG's PB Ratio is ranked better than
84.84% of 607 companies
in the Steel industry
Industry Median: 0.99 vs SGX:BTG: 0.41

During the past 12 months, HG Metal Manufacturing's average Book Value Per Share Growth Rate was -14.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -2.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -0.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -4.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of HG Metal Manufacturing was 14.50% per year. The lowest was -32.70% per year. And the median was -7.65% per year.

Back to Basics: PB Ratio


HG Metal Manufacturing PB Ratio Historical Data

The historical data trend for HG Metal Manufacturing'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.

HG Metal Manufacturing PB Ratio Chart

HG Metal Manufacturing 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 0.28 0.24 0.40 0.44 0.39

HG Metal Manufacturing 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 0.40 0.43 0.44 0.45 0.39

Competitive Comparison of HG Metal Manufacturing's PB Ratio

For the Steel subindustry, HG Metal Manufacturing'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.


HG Metal Manufacturing's PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, HG Metal Manufacturing's PB Ratio distribution charts can be found below:

* The bar in red indicates where HG Metal Manufacturing's PB Ratio falls into.



HG Metal Manufacturing 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.

HG Metal Manufacturing's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=0.295/0.716
=0.41

* 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.


HG Metal Manufacturing  (SGX:BTG) 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.


HG Metal Manufacturing PB Ratio Related Terms

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


HG Metal Manufacturing (SGX:BTG) Business Description

Traded in Other Exchanges
N/A
Address
28 Jalan Buroh, Singapore, SGP, 619484
HG Metal Manufacturing Ltd is involved in the steel business. The company has business units which include HG Distribution, HG Construction Steel, HG Coupler, and Thread. The operating segment of the company is Trading Segment, Manufacturing Segment, and Others. The trading segment is a supplier of steel products and includes the holding of investments in subsidiaries in the business of steel distribution and provision of industrial steel services. The manufacturing segment produces construction steel products and provides related engineering services. Others include those which do not fall in the trading and manufacturing segment. The majority is from the manufacturing segment. Geographically, the majority is derived from Singapore.