Highest Performances Holdings Inc stock PB Ratio (=17.77) is close to 3-year high of 18.69
The historical rank and industry rank for Highest Performances Holdings's PB Ratio or its related term are showing as below:
HPH'
s PB Ratio Range Over the Past 10 Years
Min: 4.3 Med: 7.78 Max: 25.29
Current: 18
During the past 7 years, Highest Performances Holdings's highest PB Ratio was 25.29. The lowest was 4.30. And the median was 7.78.
HPH's PB Ratio is ranked worse than 99.29% of 1692
companies
in the Asset Management industry
Industry Median: 0.93
vs HPH: 18.00
During the past 12 months, Highest Performances Holdings's average Book Value Per Share Growth Rate was -22.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -16.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -3.70% per year.
During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Highest Performances Holdings was 30.20% per year. The lowest was -16.50% per year. And the median was 2.50% per year.
Back to Basics: PB Ratio
Highest Performances Holdings PB Ratio Historical Data
* 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 Highest Performances Holdings's PB Ratio
For the Asset Management subindustry, Highest Performances 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.
Highest Performances Holdings's PB Ratio Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Highest Performances Holdings's PB Ratio distribution charts can be found below:
* The bar in red indicates where Highest Performances Holdings's PB Ratio falls into.
Highest Performances 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.
* 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.
Highest Performances Holdings (NAS:HPH) PB Ratio Explanation
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.
Highest Performances Holdings PB Ratio Related Terms
Thank you for viewing the detailed overview of Highest Performances Holdings's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Highest Performances Holdings (Highest Performances Holdings) Business Description
Puyi Inc is the third-party wealth management services provider in China. The company provides wealth management services, corporate finance services and asset management services. It generates a majority of the revenue from wealth management services under which it distributes wealth management products both online and offline through its branch network. Products distributed online include publicly raised fund products, exchange administered products and asset management plans. Products distributed offline include privately raised fund products. In addition, the company also has a corporate finance services business, under which it provides corporate borrowers with financing solutions, including product design, identification of sources of funding, compliance and risk management.
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