GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Digital China Holdings Ltd (OTCPK:DCHIF) » Definitions » PB Ratio

Digital China Holdings (Digital China Holdings) PB Ratio

: 0.61 (As of Today)
View and export this data going back to 2009. Start your Free Trial

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), Digital China Holdings's share price is $0.36117. Digital China Holdings's Book Value per Share for the quarter that ended in Jun. 2023 was $0.60. Hence, Digital China Holdings's PB Ratio of today is 0.61.

The historical rank and industry rank for Digital China Holdings's PB Ratio or its related term are showing as below:

DCHIF' s PB Ratio Range Over the Past 10 Years
Min: 0.37   Med: 0.82   Max: 1.77
Current: 0.7

During the past 13 years, Digital China Holdings's highest PB Ratio was 1.77. The lowest was 0.37. And the median was 0.82.

DCHIF's PB Ratio is ranked better than
66.67% of 513 companies
in the Conglomerates industry
Industry Median: 1.05 vs DCHIF: 0.70

During the past 12 months, Digital China Holdings's average Book Value Per Share Growth Rate was -7.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -2.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Digital China Holdings was 27.00% per year. The lowest was -12.10% per year. And the median was 10.80% per year.

Back to Basics: PB Ratio


Digital China Holdings PB Ratio Historical Data

The historical data trend for Digital China Holdings'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.

Digital China Holdings 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 0.74 1.04 0.69 0.62 0.44

Digital China Holdings 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 0.69 0.72 0.62 0.58 0.44

Competitive Comparison

For the Conglomerates subindustry, Digital China Holdings'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.


Digital China Holdings PB Ratio Distribution

For the Conglomerates industry and Industrials sector, Digital China Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where Digital China Holdings's PB Ratio falls into.



Digital China Holdings 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.

Digital China Holdings's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2023)
=0.36117/0.595
=0.61

* 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.


Digital China Holdings  (OTCPK:DCHIF) 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.


Digital China Holdings PB Ratio Related Terms

Thank you for viewing the detailed overview of Digital China Holdings's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Digital China Holdings (Digital China Holdings) Business Description

Address
77-79 Gloucester Road, 31st Floor, Fortis Tower, Wanchai, Hong Kong, HKG
Digital China Holdings is a holding company that through its subsidiaries provides information technology services. The company organizes itself into thre primary segments based on services provided. such as The Big Data Products and Solutions business segment, The Software and Operating Services business segment and The Traditional and Localization Services business segment. Company generates majority revenue from Traditional and Localization Services segment.

Digital China Holdings (Digital China Holdings) Headlines

From GuruFocus

Matthews China Fund Comments on Digital China

By Vera Yuan Vera Yuan 07-24-2014