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), China East Education Holdings's share price is HK$2.26. China East Education Holdings's Book Value per Share for the quarter that ended in Jun. 2023 was HK$2.82. Hence, China East Education Holdings's PB Ratio of today is 0.80.
Good Sign:
China East Education Holdings Ltd stock PB Ratio (=0.79) is close to 5-year low of 0.76
The historical rank and industry rank for China East Education Holdings's PB Ratio or its related term are showing as below:
HKSE:00667'
s PB Ratio Range Over the Past 10 Years
Min: 0.76 Med: 2.27 Max: 36.84
Current: 0.8
During the past 8 years, China East Education Holdings's highest PB Ratio was 36.84. The lowest was 0.76. And the median was 2.27.
HKSE:00667's PB Ratio is ranked better than 71.2% of 250
companies
in the Education industry
Industry Median: 1.47
vs HKSE:00667: 0.80
During the past 12 months, China East Education Holdings's average Book Value Per Share Growth Rate was -7.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -2.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 40.70% per year.
During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of China East Education Holdings was 92.20% per year. The lowest was -2.00% per year. And the median was 66.70% per year.
Back to Basics: PB Ratio
China East Education Holdings PB Ratio Historical Data
The historical data trend for China East Education 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.
Competitive Comparison of China East Education Holdings's PB Ratio
For the Education & Training Services subindustry, China East Education 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.
China East Education Holdings's PB Ratio Distribution in the Education Industry
For the Education industry and Consumer Defensive sector, China East Education Holdings's PB Ratio distribution charts can be found below:
* The bar in red indicates where China East Education Holdings's PB Ratio falls into.
China East Education 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.
China East Education Holdings's PB Ratio for today is calculated as follows:
* 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.
China East Education Holdings (HKSE:00667) PB Ratio Explanation
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.
China East Education Holdings PB Ratio Related Terms
Thank you for viewing the detailed overview of China East Education Holdings's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
China East Education Holdings (HKSE:00667) Business Description
China East Education is the largest vocational training education provider in China in terms of average students enrolled. It was founded in 1988 and its business spans four segments: culinary arts, information & internet technology, auto services, and fashion & beauty. It runs schools under six brands: New East, Omick, Xinhua Internet, Wisezone, Wontone, and On-mind. It also operates customized catering experience centers under Cuisine Academy. Its average students enrolled was 142,765 as of Dec. 31, 2022. In 2022, China East Education's revenue breakdown by major businesses was 59% in culinary arts, 20% in information & internet technology, 19% in auto services.
China East Education Holdings (HKSE:00667) Headlines
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