Summit Ascent Holdings (HKSE:00102) PB Ratio : 0.07 (As of Apr. 25, 2024)

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What is Summit Ascent 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 (2024-04-25), Summit Ascent Holdings's share price is HK$0.047. Summit Ascent Holdings's Book Value per Share for the quarter that ended in Jun. 2023 was HK$0.70. Hence, Summit Ascent Holdings's PB Ratio of today is 0.07.

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

HKSE:00102' s PB Ratio Range Over the Past 10 Years
Min: 0.06 Med: 1.21 Max: 257.69
Current: 0.07

During the past 13 years, Summit Ascent Holdings's highest PB Ratio was 257.69. The lowest was 0.06. And the median was 1.21.

HKSE:00102's PB Ratio is not ranked
in the Travel & Leisure industry.
Industry Median: 1.72 vs HKSE:00102: 0.07

During the past 12 months, Summit Ascent Holdings's average Book Value Per Share Growth Rate was -2.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -8.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -4.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 19.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Summit Ascent Holdings was 183.70% per year. The lowest was -49.80% per year. And the median was 3.50% per year.

Back to Basics: PB Ratio

Summit Ascent Holdings PB Ratio Historical Data

The historical data trend for Summit Ascent 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.

Summit Ascent Holdings PB Ratio Chart

Summit Ascent Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

PB Ratio

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1.18

1.20

0.98

0.21

0.23

Summit Ascent Holdings Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
PB Ratio	Get a 7-Day Free Trial															0.90	0.21	0.06	0.23	0.24

Competitive Comparison of Summit Ascent Holdings's PB Ratio

For the Resorts & Casinos subindustry, Summit Ascent 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.

Summit Ascent Holdings's PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Summit Ascent Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where Summit Ascent Holdings's PB Ratio falls into.

Summit Ascent 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.

Summit Ascent Holdings's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Jun. 2023)
	=	0.047	/	0.702
	=	0.07

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.

Summit Ascent Holdings (HKSE:00102) 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.

Summit Ascent Holdings PB Ratio Related Terms

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

Summit Ascent Holdings (HKSE:00102) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Summit Ascent Holdings Ltd (HKSE:00102) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

ION2:Germany

Address

200 Connaught Road Central, Unit 1704,17th Floor, West Tower, Shun Tak Centre, Hong Kong, HKG

Website

https://www.saholdings.com.hk

Summit Ascent Holdings Ltd is a Hong Kong-based investment holding company. The company's principal activities are converted to gaming and hotel operations following the divestiture of its business of trading of tiles and engineering operations products. The company's gaming and hotel operations are carried out through its equity holding in Oriental Regent, another investing holding company that owns equity interests in G1 Entertainment, while G1 Entertainment is a company that holds gaming licenses in certain regions of Russia.

Summit Ascent Holdings (HKSE:00102) Headlines

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