Readboy Education Holding Co (HKSE:02385) PB Ratio : 4.74 (As of May. 14, 2024)

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What is Readboy Education Holding Co 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 (2024-05-14), Readboy Education Holding Co's share price is HK$7.30. Readboy Education Holding Co's Book Value per Share for the quarter that ended in Dec. 2023 was HK$1.54. Hence, Readboy Education Holding Co's PB Ratio of today is 4.74.

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

HKSE:02385' s PB Ratio Range Over the Past 10 Years
Min: 3.11 Med: 3.8 Max: 8.8
Current: 4.74

During the past 5 years, Readboy Education Holding Co's highest PB Ratio was 8.80. The lowest was 3.11. And the median was 3.80.

HKSE:02385's PB Ratio is ranked worse than
81.82% of 253 companies
in the Education industry
Industry Median: 1.5 vs HKSE:02385: 4.74

During the past 12 months, Readboy Education Holding Co's average Book Value Per Share Growth Rate was -30.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 37.00% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Readboy Education Holding Co was 45.30% per year. The lowest was 37.00% per year. And the median was 41.15% per year.

Back to Basics: PB Ratio

Readboy Education Holding Co PB Ratio Historical Data

The historical data trend for Readboy Education Holding 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.

Readboy Education Holding Co PB Ratio Chart

Readboy Education Holding Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

3.58

5.00

Readboy Education Holding Co Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial			-	-	3.58	4.29	5.00

Competitive Comparison of Readboy Education Holding Co's PB Ratio

For the Education & Training Services subindustry, Readboy Education Holding 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.

Readboy Education Holding Co's PB Ratio Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Readboy Education Holding Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Readboy Education Holding Co's PB Ratio falls into.

Readboy Education Holding 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.

Readboy Education Holding Co's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	7.30	/	1.539
	=	4.74

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.

Readboy Education Holding Co (HKSE:02385) 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.

Readboy Education Holding Co PB Ratio Related Terms

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Readboy Education Holding Co (HKSE:02385) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Readboy Education Holding Co Ltd (HKSE:02385) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 38, Changyi Road, Wuguishan, Guangdong Province, Zhongshan, CHN

Website

https://www.readboy.com

Readboy Education Holding Co Ltd is an investment holding company engaged in the production and sale of personal student tablets, smart classroom solutions, wearable products, other products, and advertisement and content licensing in the People's Republic of China. The company has five operating segments; Production and sale of personal student tablets, Production and sale of smart classroom solutions, Production and sale of wearable products, Production and sale of other products, and Advertisement and content licensing. It derives a majority of its revenue from the production and sale of personal student tablets in the People's Republic of China.

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