Kuaishou Technology (HKSE:01024) PB Ratio : 4.59 (As of Apr. 29, 2024)

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What is Kuaishou Technology 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 (2024-04-29), Kuaishou Technology's share price is HK$56.70. Kuaishou Technology's Book Value per Share for the quarter that ended in Dec. 2023 was HK$12.35. Hence, Kuaishou Technology's PB Ratio of today is 4.59.

The historical rank and industry rank for Kuaishou Technology's PB Ratio or its related term are showing as below:

HKSE:01024' s PB Ratio Range Over the Past 10 Years
Min: 3.1 Med: 5.75 Max: 16.49
Current: 4.59

During the past 7 years, Kuaishou Technology's highest PB Ratio was 16.49. The lowest was 3.10. And the median was 5.75.

HKSE:01024's PB Ratio is ranked worse than
81.99% of 544 companies
in the Interactive Media industry
Industry Median: 1.86 vs HKSE:01024: 4.59

During the past 12 months, Kuaishou Technology's average Book Value Per Share Growth Rate was 19.60% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Kuaishou Technology was -93.30% per year. The lowest was -93.30% per year. And the median was -93.30% per year.

Back to Basics: PB Ratio

Kuaishou Technology PB Ratio Historical Data

The historical data trend for Kuaishou Technology'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.

Kuaishou Technology PB Ratio Chart

Kuaishou Technology Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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5.49

6.88

4.29

Kuaishou Technology Quarterly Data
	Dec17	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio	Get a 7-Day Free Trial															6.88	5.79	4.92	5.56	4.29

Competitive Comparison of Kuaishou Technology's PB Ratio

For the Internet Content & Information subindustry, Kuaishou Technology'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.

Kuaishou Technology's PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Kuaishou Technology's PB Ratio distribution charts can be found below:

* The bar in red indicates where Kuaishou Technology's PB Ratio falls into.

Kuaishou Technology 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.

Kuaishou Technology's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	56.70	/	12.346
	=	4.59

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.

Kuaishou Technology (HKSE:01024) 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.

Kuaishou Technology PB Ratio Related Terms

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Kuaishou Technology (HKSE:01024) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Kuaishou Technology (HKSE:01024) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

KSHTY:USA KUASF:USA 5Y0:Germany 5Y0:Germany

Address

No. 6, Shangdi West Road, Building 1, Haidian District, Beijing, CHN, 100085

Website

https://www.kuaishou.com

Kuaishou Technology is a social media platform on which users can share short-form videos that are up to 5 minutes long. The audience engages with the platform by looking at different videos on demand at any time, similar to TikTok. About 52% of revenue is generated from advertising, mainly in the form of targeted ads related to the video content—known as closed-loop ads—but also from outside unrelated brands. Kuaishou also generates livestream revenue by selling virtual gifts to fans that are donated to performers. It also has livestreaming e-commerce, where users purchase products related to the video, generating commission from each transaction. Kuaishou competes mainly with ByteDance's Douyin, as both are short-form video platforms. Tencent owns 19% of Kuaishou.

Kuaishou Technology (HKSE:01024) Headlines

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