Huize Holding (Huize Holding) PB Ratio : 0.54 (As of Apr. 29, 2024)

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What is Huize Holding 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), Huize Holding's share price is $0.615. Huize Holding's Book Value per Share for the quarter that ended in Dec. 2023 was $1.14. Hence, Huize Holding's PB Ratio of today is 0.54.

Good Sign:

Huize Holding Ltd stock PB Ratio (=0.54) is close to 5-year low of 0.51

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

HUIZ' s PB Ratio Range Over the Past 10 Years
Min: 0.51 Med: 1.31 Max: 9.42
Current: 0.54

During the past 7 years, Huize Holding's highest PB Ratio was 9.42. The lowest was 0.51. And the median was 1.31.

HUIZ's PB Ratio is ranked better than
88.22% of 484 companies
in the Insurance industry
Industry Median: 1.22 vs HUIZ: 0.54

During the past 12 months, Huize Holding's average Book Value Per Share Growth Rate was 19.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -6.10% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Huize Holding was -6.10% per year. The lowest was -6.10% per year. And the median was -6.10% per year.

Back to Basics: PB Ratio

Huize Holding PB Ratio Historical Data

The historical data trend for Huize Holding'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.

Huize Holding PB Ratio Chart

Huize Holding Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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5.07

1.31

1.44

0.79

Huize Holding 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															1.44	1.27	1.34	1.02	0.79

Competitive Comparison of Huize Holding's PB Ratio

For the Insurance Brokers subindustry, Huize Holding'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.

Huize Holding's PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Huize Holding's PB Ratio distribution charts can be found below:

* The bar in red indicates where Huize Holding's PB Ratio falls into.

Huize Holding 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.

Huize Holding's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	0.615	/	1.141
	=	0.54

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.

Huize Holding (NAS:HUIZ) 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.

Huize Holding PB Ratio Related Terms

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Huize Holding (Huize Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Huize Holding Ltd (NAS:HUIZ) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Qianhai Financial Centre, Linhai Avenue, 49 Floor, Building T1, Qianhai Shenzhen-Hong Kong Cooperation Zone, Shenzhen, CHN, 518000

Website

https://www.huize.com

Huize Holding Ltd is an independent online insurance product and service platform in China. The company distributes on its platform insurance products underwritten by the insurance companies who cooperate with the company, who the company refers to as its insurer partners, and helps them reach a large number of insurance clients. The company's platform offers digitalized insurance purchase experience and services through various internet and mobile internet channels. The company primarily generates revenues from the insurance brokerage fees paid by its insurer partners.