GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Hai Kwang Enterprise Corp (TPE:2038) » Definitions » PB Ratio

Hai Kwang Enterprise (TPE:2038) PB Ratio : 0.90 (As of Mar. 25, 2025)


View and export this data going back to 2008. Start your Free Trial

What is Hai Kwang Enterprise 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), Hai Kwang Enterprise's share price is NT$18.90. Hai Kwang Enterprise's Book Value per Share for the quarter that ended in Dec. 2024 was NT$20.93. Hence, Hai Kwang Enterprise's PB Ratio of today is 0.90.

The historical rank and industry rank for Hai Kwang Enterprise's PB Ratio or its related term are showing as below:

TPE:2038' s PB Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.54   Max: 3.42
Current: 0.9

During the past 13 years, Hai Kwang Enterprise's highest PB Ratio was 3.42. The lowest was 0.29. And the median was 0.54.

TPE:2038's PB Ratio is ranked better than
50.56% of 623 companies
in the Steel industry
Industry Median: 0.9 vs TPE:2038: 0.90

During the past 12 months, Hai Kwang Enterprise's average Book Value Per Share Growth Rate was 7.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 3.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 3.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Hai Kwang Enterprise was 10.70% per year. The lowest was -6.50% per year. And the median was 3.40% per year.

Back to Basics: PB Ratio


Hai Kwang Enterprise PB Ratio Historical Data

The historical data trend for Hai Kwang Enterprise'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.

Hai Kwang Enterprise PB Ratio Chart

Hai Kwang Enterprise Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.27 1.77 1.09 1.13 0.73

Hai Kwang Enterprise Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1.13 0.93 0.96 0.95 0.73

Competitive Comparison of Hai Kwang Enterprise's PB Ratio

For the Steel subindustry, Hai Kwang Enterprise'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.


Hai Kwang Enterprise's PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Hai Kwang Enterprise's PB Ratio distribution charts can be found below:

* The bar in red indicates where Hai Kwang Enterprise's PB Ratio falls into.



Hai Kwang Enterprise 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.

Hai Kwang Enterprise's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2024)
=18.90/20.93
=0.90

* 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.


Hai Kwang Enterprise  (TPE:2038) 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.


Hai Kwang Enterprise PB Ratio Related Terms

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


Hai Kwang Enterprise Business Description

Traded in Other Exchanges
N/A
Address
No. 12, Haiyan 2nd Road, Xiaogang District, Kaohsiung, TWN
Hai Kwang Enterprise Corp manufactures and sells steel products. The company principally engaged in the manufacture and sales of billets and reinforcing steel bars, and real estate rental and leasing business.

Hai Kwang Enterprise Headlines

No Headlines