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Kingcan Holdings (TPE:8411) PB Ratio : 0.52 (As of May. 18, 2024)


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What is Kingcan Holdings 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 (2024-05-18), Kingcan Holdings's share price is NT$13.90. Kingcan Holdings's Book Value per Share for the quarter that ended in Mar. 2024 was NT$26.70. Hence, Kingcan Holdings's PB Ratio of today is 0.52.

Good Sign:

Kingcan Holdings Ltd stock PB Ratio (=0.52) is close to 1-year low of 0.5

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

TPE:8411' s PB Ratio Range Over the Past 10 Years
Min: 0.31   Med: 0.55   Max: 2.4
Current: 0.52

During the past 13 years, Kingcan Holdings's highest PB Ratio was 2.40. The lowest was 0.31. And the median was 0.55.

TPE:8411's PB Ratio is ranked better than
86.47% of 377 companies
in the Packaging & Containers industry
Industry Median: 1.35 vs TPE:8411: 0.52

During the past 3 years, the average Book Value Per Share Growth Rate was -4.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -2.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -1.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Kingcan Holdings was 24.00% per year. The lowest was -4.20% per year. And the median was 0.30% per year.

Back to Basics: PB Ratio


Kingcan Holdings PB Ratio Historical Data

The historical data trend for Kingcan 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.

Kingcan Holdings PB Ratio Chart

Kingcan Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 0.47 0.50 0.50 0.58

Kingcan Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
PB Ratio Get a 7-Day Free Trial 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 - 0.57 0.53 0.58 0.52

Competitive Comparison of Kingcan Holdings's PB Ratio

For the Packaging & Containers subindustry, Kingcan 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.


Kingcan Holdings's PB Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Kingcan Holdings's PB Ratio distribution charts can be found below:

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



Kingcan 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=13.90/26.698
=0.52

* 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.


Kingcan Holdings  (TPE:8411) 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.


Kingcan Holdings PB Ratio Related Terms

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


Kingcan Holdings (TPE:8411) Business Description

Traded in Other Exchanges
N/A
Address
Hibiscus Way, 802 West Bay Road, PO Box 31119 Grand Pavilion, Grand Cayman, CYM, KY1-1205
Kingcan Holdings Ltd specializes in the production of metal packaging containers for all types of easy-to-open three-piece tinplate beverage cans, food, and vegetable cans. Its products and services include Tinplate packaging containers, Aluminum product packaging containers, Tinplate color printing, Tinplate coating, Food, and beverage filling, and others. The majority of the revenue is generated from China.

Kingcan Holdings (TPE:8411) Headlines

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