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 (2024-04-26), Nova Lifestyle's share price is $2.79. Nova Lifestyle's Book Value per Share for the quarter that ended in Dec. 2023 was $0.26. Hence, Nova Lifestyle's PB Ratio of today is 10.77.
The historical rank and industry rank for Nova Lifestyle's PB Ratio or its related term are showing as below:
NVFY'
s PB Ratio Range Over the Past 10 Years
Min: 0.08 Med: 0.67 Max: 12.36
Current: 10.73
During the past 13 years, Nova Lifestyle's highest PB Ratio was 12.36. The lowest was 0.08. And the median was 0.67.
NVFY's PB Ratio is ranked worse than 97.11% of 415
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.59
vs NVFY: 10.73
During the past 12 months, Nova Lifestyle's average Book Value Per Share Growth Rate was -94.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -80.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -64.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -31.50% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Nova Lifestyle was 24.70% per year. The lowest was -80.60% per year. And the median was 0.05% per year.
Back to Basics: PB Ratio
Nova Lifestyle PB Ratio Historical Data
The historical data trend for Nova Lifestyle'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.
Competitive Comparison of Nova Lifestyle's PB Ratio
For the Furnishings, Fixtures & Appliances subindustry, Nova Lifestyle'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.
Nova Lifestyle's PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Nova Lifestyle's PB Ratio distribution charts can be found below:
* The bar in red indicates where Nova Lifestyle's PB Ratio falls into.
Nova Lifestyle 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.
Nova Lifestyle's PB Ratio for today is calculated as follows:
* 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.
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.
Nova Lifestyle PB Ratio Related Terms
Thank you for viewing the detailed overview of Nova Lifestyle's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Nova Lifestyle (Nova Lifestyle) Business Description
Nova Lifestyle Inc is a designer and lifestyle furniture company. It distributes and retails contemporary styled residential and commercial furniture. The firms marketing and sales platform offers retail as well as online selection and purchase fulfillment internationally. The company also sells managed a variety of bedding foundation components. Its collection of lifestyle furniture brands includes Diamond Sofa. The firm's products are made in the United States and Asia. Its customers mainly comprise distributors and retailers having specific geographic coverages that deploy middle to high-end private label home furnishings. The Company operates in one business and industry segment: the design and sale of furniture.
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