China Education Group Holdings (HKSE:00839) PB Ratio

: 0.59 (As of Today)

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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 (2024-04-18), China Education Group Holdings's share price is HK$3.92. China Education Group Holdings's Book Value per Share for the quarter that ended in Aug. 2023 was HK$6.59. Hence, China Education Group Holdings's PB Ratio of today is 0.59.

Good Sign:

China Education Group Holdings Ltd stock PB Ratio (=0.59) is close to 10-year low of 0.58

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

HKSE:00839' s PB Ratio Range Over the Past 10 Years
Min: 0.58 Med: 2.89 Max: 4.65
Current: 0.59

During the past 9 years, China Education Group Holdings's highest PB Ratio was 4.65. The lowest was 0.58. And the median was 2.89.

HKSE:00839's PB Ratio is ranked better than
79.12% of 249 companies
in the Education industry
Industry Median: 1.46 vs HKSE:00839: 0.59

During the past 12 months, China Education Group Holdings's average Book Value Per Share Growth Rate was -2.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 13.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 17.10% per year.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of China Education Group Holdings was 46.60% per year. The lowest was 13.90% per year. And the median was 32.45% per year.

Back to Basics: PB Ratio

China Education Group Holdings PB Ratio Historical Data

The historical data trend for China Education 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.

China Education Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Aug19

Aug20

Aug21

Aug22

Aug23

PB Ratio

3.22

3.42

2.54

1.01

China Education Group Holdings Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
PB Ratio													2.54	0.97	1.01	1.28	1.01

Competitive Comparison

For the Education & Training Services subindustry, China Education 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.

China Education Group Holdings PB Ratio Distribution

For the Education industry and Consumer Defensive sector, China Education Group Holdings's PB Ratio distribution charts can be found below:

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

China Education 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.

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

PB Ratio	=	Share Price	/	Book Value per Share (Q: Aug. 2023)
	=	3.92	/	6.59
	=	0.59

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.

China Education Group Holdings (HKSE:00839) 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.

China Education Group Holdings PB Ratio Related Terms

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China Education Group Holdings (HKSE:00839) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » China Education Group Holdings Ltd (HKSE:00839) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

CEGHF:USA C3W:Germany

Address

18 Harbour Road, Suite 6703–04, 67th Floor, Central Plaza, Wanchai, Hong Kong, HKG

Website

http://www.chinaeducation.hk

China Education Group Holdings Ltd is a leading ultra-large-scale private education group in China with 30 years of experience in higher education operations. CEG's schools offer both higher vocational education and secondary vocational education. The school network spans domestic China and overseas. CEG also offers continuing education to full-time working adults. The group's total enrolled full-time students in China expanded more than 3 times over the last six years to about 248,000 as of August 2023. The rapid growth is primarily attributable to school acquisitions. CEG currently operates 14 schools, up from only 3 in 2017.

China Education Group Holdings (HKSE:00839) Headlines

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