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Hiap Teck Venture Bhd (XKLS:5072) PB Ratio : 0.55 (As of May. 13, 2024)


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What is Hiap Teck Venture Bhd 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 (2024-05-13), Hiap Teck Venture Bhd's share price is RM0.41. Hiap Teck Venture Bhd's Book Value per Share for the quarter that ended in Jan. 2024 was RM0.74. Hence, Hiap Teck Venture Bhd's PB Ratio of today is 0.55.

The historical rank and industry rank for Hiap Teck Venture Bhd's PB Ratio or its related term are showing as below:

XKLS:5072' s PB Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.47   Max: 1.04
Current: 0.55

During the past 13 years, Hiap Teck Venture Bhd's highest PB Ratio was 1.04. The lowest was 0.17. And the median was 0.47.

XKLS:5072's PB Ratio is ranked better than
76.15% of 608 companies
in the Steel industry
Industry Median: 1.01 vs XKLS:5072: 0.55

During the past 12 months, Hiap Teck Venture Bhd's average Book Value Per Share Growth Rate was 5.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -6.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Hiap Teck Venture Bhd was 21.10% per year. The lowest was -22.60% per year. And the median was -0.50% per year.

Back to Basics: PB Ratio


Hiap Teck Venture Bhd PB Ratio Historical Data

The historical data trend for Hiap Teck Venture Bhd'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.

Hiap Teck Venture Bhd PB Ratio Chart

Hiap Teck Venture Bhd Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.36 0.25 0.77 0.40 0.47

Hiap Teck Venture Bhd Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.48 0.48 0.47 0.57 0.51

Competitive Comparison of Hiap Teck Venture Bhd's PB Ratio

For the Steel subindustry, Hiap Teck Venture Bhd'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.


Hiap Teck Venture Bhd's PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Hiap Teck Venture Bhd's PB Ratio distribution charts can be found below:

* The bar in red indicates where Hiap Teck Venture Bhd's PB Ratio falls into.



Hiap Teck Venture Bhd 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.

Hiap Teck Venture Bhd's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jan. 2024)
=0.41/0.74
=0.55

* 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.


Hiap Teck Venture Bhd  (XKLS:5072) 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.


Hiap Teck Venture Bhd PB Ratio Related Terms

Thank you for viewing the detailed overview of Hiap Teck Venture Bhd's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Hiap Teck Venture Bhd (XKLS:5072) Business Description

Traded in Other Exchanges
N/A
Address
Lot 6096, Jalan Haji Abdul Manan, Batu 5 1/2, Off Jalan Meru, Klang, SGR, MYS, 41050
Hiap Teck Venture Bhd is a Malaysia-based company. It has five segments. The Trading segment is involved in importing, exporting, general dealing, and leasing of steel products, hardware, and building materials; the Manufacturing segment is involved in manufacturing, selling, and renting pipes, hollow sections, scaffolding equipment, and other steel products; the Property and Investment segment is engaged in renting out property and investment holding; the Transportation segment includes a provision of transportation of goods by lorries; and the Mining and exploration segment consists of exploring, contracting and other activities related to the mining, processing, and sale of iron ore. It generates a vast majority of the revenues from the Trading segment within Malaysia.

Hiap Teck Venture Bhd (XKLS:5072) Headlines

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