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Country Garden Services Holdings Co (HKSE:06098) PB Ratio : 0.50 (As of May. 01, 2024)


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What is Country Garden Services Holdings Co 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 (2024-05-01), Country Garden Services Holdings Co's share price is HK$5.90. Country Garden Services Holdings Co's Book Value per Share for the quarter that ended in Dec. 2023 was HK$11.83. Hence, Country Garden Services Holdings Co's PB Ratio of today is 0.50.

The historical rank and industry rank for Country Garden Services Holdings Co's PB Ratio or its related term are showing as below:

HKSE:06098' s PB Ratio Range Over the Past 10 Years
Min: 0.38   Med: 11.18   Max: 26.48
Current: 0.5

During the past 9 years, Country Garden Services Holdings Co's highest PB Ratio was 26.48. The lowest was 0.38. And the median was 11.18.

HKSE:06098's PB Ratio is ranked better than
72.75% of 1754 companies
in the Real Estate industry
Industry Median: 0.805 vs HKSE:06098: 0.50

During the past 12 months, Country Garden Services Holdings Co's average Book Value Per Share Growth Rate was -4.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 26.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 68.20% per year.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Country Garden Services Holdings Co was 134.00% per year. The lowest was 26.20% per year. And the median was 73.40% per year.

Back to Basics: PB Ratio


Country Garden Services Holdings Co PB Ratio Historical Data

The historical data trend for Country Garden Services Holdings Co'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.

Country Garden Services Holdings Co PB Ratio Chart

Country Garden Services Holdings Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only 11.90 8.89 3.55 1.57 0.57

Country Garden Services Holdings Co Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.55 2.65 1.57 0.81 0.57

Competitive Comparison of Country Garden Services Holdings Co's PB Ratio

For the Real Estate Services subindustry, Country Garden Services Holdings Co'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.


Country Garden Services Holdings Co's PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Country Garden Services Holdings Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Country Garden Services Holdings Co's PB Ratio falls into.



Country Garden Services Holdings Co 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.

Country Garden Services Holdings Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=5.90/11.83
=0.50

* 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.


Country Garden Services Holdings Co  (HKSE:06098) 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.


Country Garden Services Holdings Co PB Ratio Related Terms

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Country Garden Services Holdings Co (HKSE:06098) Business Description

Traded in Other Exchanges
Address
West Building of Country Garden Office, Beijiao Town, Shunde District, Guangdong Province, Foshan, CHN, 528312
Country Garden Services was listed on the Hong Kong Stock Exchange in June 2018 as a spinoff via introduction by sister developer Country Garden Holdings. As of June 2022, Yang Huiyan, chairperson of CGH, was also the largest shareholder of CGS with 43% ownership. CGS was the top residential property management firm in China in revenue and gross floor area under management for 2022. This is mainly ascribed to scalable projects contributed by CGH and rising acquisitions of third-party property management peers. In addition, CGS provides value-added services to developers and homeowners, and city services on public space sanitation and greening.

Country Garden Services Holdings Co (HKSE:06098) Headlines

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