TIRX (Tian Ruixiang Holdings) PB Ratio : 0.10 (As of Mar. 25, 2025)

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What is Tian Ruixiang Holdings 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 (2025-03-25), Tian Ruixiang Holdings's share price is $1.41. Tian Ruixiang Holdings's Book Value per Share for the quarter that ended in Oct. 2024 was $14.22. Hence, Tian Ruixiang Holdings's PB Ratio of today is 0.10.

The historical rank and industry rank for Tian Ruixiang Holdings's PB Ratio or its related term are showing as below:

TIRX' s PB Ratio Range Over the Past 10 Years
Min: 0.04 Med: 0.16 Max: 84.57
Current: 0.1

During the past 8 years, Tian Ruixiang Holdings's highest PB Ratio was 84.57. The lowest was 0.04. And the median was 0.16.

TIRX's PB Ratio is ranked better than
99.59% of 482 companies
in the Insurance industry
Industry Median: 1.25 vs TIRX: 0.10

During the past 12 months, Tian Ruixiang Holdings's average Book Value Per Share Growth Rate was -68.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -45.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -3.90% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Tian Ruixiang Holdings was 129.10% per year. The lowest was -45.10% per year. And the median was 36.60% per year.

Back to Basics: PB Ratio

Tian Ruixiang Holdings PB Ratio Historical Data

The historical data trend for Tian Ruixiang Holdings'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.

Tian Ruixiang Holdings PB Ratio Chart

Tian Ruixiang Holdings Annual Data

Trend

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Oct24

PB Ratio

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0.91

0.24

0.10

0.13

Tian Ruixiang Holdings Semi-Annual Data
	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23	Apr24	Oct24
PB Ratio	Get a 7-Day Free Trial										0.24	0.15	0.10	0.12	0.13

Competitive Comparison of Tian Ruixiang Holdings's PB Ratio

For the Insurance Brokers subindustry, Tian Ruixiang Holdings'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.

Tian Ruixiang Holdings's PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Tian Ruixiang Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where Tian Ruixiang Holdings's PB Ratio falls into.

Tian Ruixiang Holdings 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.

Tian Ruixiang Holdings's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Oct. 2024)
	=	1.41	/	14.216
	=	0.10

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.

Tian Ruixiang Holdings (NAS:TIRX) 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.

Tian Ruixiang Holdings PB Ratio Related Terms

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Tian Ruixiang Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Tian Ruixiang Holdings Ltd (NAS:TIRX) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Room 918, Jingding Building, Xicheng District, Beijing, CHN, 100000

Website

http://www.tianrx.com

Tian Ruixiang Holdings Ltd is an Insurance Brokerage firm. It distributes a wide range of insurance products, which are categorized into two groups; property and casualty insurance, such as commercial property insurance, liability insurance, accidental insurance, and automobile insurance; and other insurances, such as health insurance, life insurance, and miscellaneous insurances. It also generates a small amount of revenue from risk management services. The firm act on behalf of its customers seeking insurance coverage from insurance companies. It generates revenue from the provision of insurance brokerage services.