Times Neighborhood Holdings (Times Neighborhood Holdings) PB Ratio : 0.21 (As of Jun. 17, 2024)

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What is Times Neighborhood 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 (2024-06-17), Times Neighborhood Holdings's share price is $0.04. Times Neighborhood Holdings's Book Value per Share for the quarter that ended in Dec. 2023 was $0.19. Hence, Times Neighborhood Holdings's PB Ratio of today is 0.21.

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

TNHDF' s PB Ratio Range Over the Past 10 Years
Min: 0.16 Med: 1.05 Max: 37.91
Current: 0.4

During the past 8 years, Times Neighborhood Holdings's highest PB Ratio was 37.91. The lowest was 0.16. And the median was 1.05.

TNHDF's PB Ratio is ranked better than
78.3% of 1751 companies
in the Real Estate industry
Industry Median: 0.79 vs TNHDF: 0.40

During the past 12 months, Times Neighborhood Holdings's average Book Value Per Share Growth Rate was -15.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -10.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 48.40% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Times Neighborhood Holdings was 439.10% per year. The lowest was -10.20% per year. And the median was 160.00% per year.

Back to Basics: PB Ratio

Times Neighborhood Holdings PB Ratio Historical Data

The historical data trend for Times Neighborhood 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.

Times Neighborhood Holdings PB Ratio Chart

Times Neighborhood Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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3.46

1.20

0.40

0.12

Times Neighborhood Holdings Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial									1.20	0.79	0.40	0.49	0.12

Competitive Comparison of Times Neighborhood Holdings's PB Ratio

For the Real Estate Services subindustry, Times Neighborhood 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.

Times Neighborhood Holdings's PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Times Neighborhood Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where Times Neighborhood Holdings's PB Ratio falls into.

Times Neighborhood 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.

Times Neighborhood Holdings's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	0.04	/	0.192
	=	0.21

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.

Times Neighborhood Holdings (OTCPK:TNHDF) 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.

Times Neighborhood Holdings PB Ratio Related Terms

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Times Neighborhood Holdings (Times Neighborhood Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Times Neighborhood Holdings Ltd (OTCPK:TNHDF) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

09928:Hong Kong

Address

No. 410 Dongfeng Middle Road, Room 1103, 11th Floor, Yuexiu District, Guangdong Province, Guangzhou, CHN

Website

http://www.shidaiwuye.com

Times Neighborhood Holdings Ltd. is an investment holding company engaged in the provision of property management services which include value-added services for non-property owners, community value-added services, and other professional services are among the company's offerings. The group's revenue comes entirely from its Mainland China operations.