Haier Smart Home Co (HKSE:06690) PB Ratio

: 2.13 (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 (2024-04-23), Haier Smart Home Co's share price is HK$26.30. Haier Smart Home Co's Book Value per Share for the quarter that ended in Dec. 2023 was HK$12.35. Hence, Haier Smart Home Co's PB Ratio of today is 2.13.

The historical rank and industry rank for Haier Smart Home Co's PB Ratio or its related term are showing as below:

HKSE:06690' s PB Ratio Range Over the Past 10 Years
Min: 1.84 Med: 2.59 Max: 5.13
Current: 2.5

During the past 13 years, Haier Smart Home Co's highest PB Ratio was 5.13. The lowest was 1.84. And the median was 2.59.

HKSE:06690's PB Ratio is ranked worse than
71.57% of 415 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.57 vs HKSE:06690: 2.50

During the past 12 months, Haier Smart Home Co's average Book Value Per Share Growth Rate was 10.90% 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 11.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 14.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Haier Smart Home Co was 37.50% per year. The lowest was 2.10% per year. And the median was 13.25% per year.

Back to Basics: PB Ratio

Haier Smart Home Co PB Ratio Historical Data

The historical data trend for Haier Smart Home 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.

Haier Smart Home Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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3.12

3.07

2.34

1.79

Haier Smart Home Co Quarterly Data
	Mar19	Jun19	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															2.34	2.05	2.14	2.10	1.79

Competitive Comparison

For the Furnishings, Fixtures & Appliances subindustry, Haier Smart Home 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.

Haier Smart Home Co PB Ratio Distribution

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Haier Smart Home Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Haier Smart Home Co's PB Ratio falls into.

Haier Smart Home 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.

Haier Smart Home Co's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	26.30	/	12.351
	=	2.13

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.

Haier Smart Home Co (HKSE:06690) 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.

Haier Smart Home Co PB Ratio Related Terms

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Haier Smart Home Co (HKSE:06690) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Haier Smart Home Co Ltd (HKSE:06690) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

HSHCY:USA HRSHF:USA 690D:Germany 600690:China

Address

Haier Industrial Park, Laoshan District, Shandong Province, Qingdao, CHN, 266101

Website

https://smart-home.haier.com/cn

Haier Smart Home Co Ltd manufactures and distributes household electrical appliances. It offers products such as refrigerators, air conditioners, washing machine, microwave ovens, smoke exhausters, gas stoves, dishwashers, electrical water heaters and others under the brand name Haier, Casarte, Leader, AQUA and Fisher & Paykel. The company has three business segments namely China smart home business: Overseas home appliance and smart home business segment Other business segments. The products of the group are traded in mainland China and in other overseas markets including Hong Kong, Macau, and Taiwan.

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