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Macau Legend Development (HKSE:01680) PB Ratio

: 0.29 (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 (2024-04-12), Macau Legend Development's share price is HK$0.171. Macau Legend Development's Book Value per Share for the quarter that ended in Jun. 2023 was HK$0.60. Hence, Macau Legend Development's PB Ratio of today is 0.29.

The historical rank and industry rank for Macau Legend Development's PB Ratio or its related term are showing as below:

HKSE:01680' s PB Ratio Range Over the Past 10 Years
Min: 0.26   Med: 1.08   Max: 8.91
Current: 0.29

During the past 12 years, Macau Legend Development's highest PB Ratio was 8.91. The lowest was 0.26. And the median was 1.08.

HKSE:01680's PB Ratio is ranked better than
93.4% of 758 companies
in the Travel & Leisure industry
Industry Median: 1.78 vs HKSE:01680: 0.29

During the past 12 months, Macau Legend Development's average Book Value Per Share Growth Rate was -8.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -20.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -12.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -3.70% per year.

During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Macau Legend Development was 6.00% per year. The lowest was -20.70% per year. And the median was -0.15% per year.

Back to Basics: PB Ratio


Macau Legend Development PB Ratio Historical Data

The historical data trend for Macau Legend Development'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.

Macau Legend Development Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.91 1.09 0.89 0.67 0.32

Macau Legend Development Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
PB Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.89 0.64 0.67 0.42 0.32

Competitive Comparison

For the Resorts & Casinos subindustry, Macau Legend Development'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.


Macau Legend Development PB Ratio Distribution

For the Travel & Leisure industry and Consumer Cyclical sector, Macau Legend Development's PB Ratio distribution charts can be found below:

* The bar in red indicates where Macau Legend Development's PB Ratio falls into.



Macau Legend Development 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.

Macau Legend Development's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2023)
=0.171/0.598
=0.29

* 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.


Macau Legend Development  (HKSE:01680) 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.


Macau Legend Development PB Ratio Related Terms

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Macau Legend Development (HKSE:01680) Business Description

Traded in Other Exchanges
Address
Avenida da Amizade e Avenida da, Palace Building, Macau Fisherman’s Wharf, Dr. Sun Yat Sen, Macau, MAC
Macau Legend Development Ltd is an investment holdings company. The company is one of the owners of entertainment and casino gaming facilities in Macau. The company currently has Macau Fisherman's Wharf operated by MFW Investment (MFW), which is a waterfront integrated gaming, hotel, convention and entertainment complex located on the Macau Peninsula. The company's businesses include 1) the provision of gaming services to SJM for the operation of Legend Palace Casino; 2) the operation of casino inside Savan Legend Resorts Hotel and Entertainment Complex in the Lao People's Democratic Republic (Lao PDR); and 3) the operation of hotels, entertainment and leisure facilities within its properties.

Macau Legend Development (HKSE:01680) Headlines

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