Neway Group Holdings (HKSE:00055) PB Ratio : 0.09 (As of Apr. 24, 2024)

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What is Neway Group 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 (2024-04-24), Neway Group Holdings's share price is HK$0.249. Neway Group Holdings's Book Value per Share for the quarter that ended in Jun. 2023 was HK$2.87. Hence, Neway Group Holdings's PB Ratio of today is 0.09.

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

HKSE:00055' s PB Ratio Range Over the Past 10 Years
Min: 0.05 Med: 0.13 Max: 0.42
Current: 0.09

During the past 13 years, Neway Group Holdings's highest PB Ratio was 0.42. The lowest was 0.05. And the median was 0.13.

HKSE:00055's PB Ratio is ranked better than
99.9% of 1026 companies
in the Business Services industry
Industry Median: 1.75 vs HKSE:00055: 0.09

During the past 12 months, Neway Group Holdings's average Book Value Per Share Growth Rate was -15.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -3.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -4.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -9.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Neway Group Holdings was 10.50% per year. The lowest was -64.60% per year. And the median was -3.10% per year.

Back to Basics: PB Ratio

Neway Group Holdings PB Ratio Historical Data

The historical data trend for Neway Group 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.

Neway Group Holdings PB Ratio Chart

Neway Group Holdings Annual Data

Trend

Mar14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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0.07

0.11

0.12

0.10

0.09

Neway Group Holdings Semi-Annual Data
	Mar14	Sep14	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															0.12	0.12	0.10	0.10	0.09

Competitive Comparison of Neway Group Holdings's PB Ratio

For the Specialty Business Services subindustry, Neway Group 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.

Neway Group Holdings's PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Neway Group Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where Neway Group Holdings's PB Ratio falls into.

Neway Group 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.

Neway Group Holdings's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Jun. 2023)
	=	0.249	/	2.868
	=	0.09

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.

Neway Group Holdings (HKSE:00055) 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.

Neway Group Holdings PB Ratio Related Terms

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

Neway Group Holdings (HKSE:00055) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Neway Group Holdings Ltd (HKSE:00055) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

193 Prince Edward Road West, Units Nos 1103 and 1105-1111, Level 11, Tower 2, Grand Century Place, Mongkok, Kowloon, Hong Kong, HKG

Website

https://www.newaygroup.com.hk

Neway Group Holdings Ltd is engaged in the businesses of Lending; Manufacturing and sales; Music and entertainment; Property development; Property investment; Securities trading; and Trading of printing and other products. It derives key revenue from the Manufacturing and sales business which involves the business of manufacturing and sales of printing products, such as packaging boxes, labels, paper products and paper shopping bags, with a customer base; and the manufacturing and sales of surgical masks, with a Hong Kong customer base. The group has a business presence in Hong Kong, the PRC, Europe, the United States and other countries.

Neway Group Holdings (HKSE:00055) Headlines

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