China HK Power Smart Energy Group (HKSE:00931) PB Ratio : 33.21 (As of May. 19, 2024)

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What is China HK Power Smart Energy Group 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 (2024-05-19), China HK Power Smart Energy Group's share price is HK$0.465. China HK Power Smart Energy Group's Book Value per Share for the quarter that ended in Sep. 2023 was HK$0.01. Hence, China HK Power Smart Energy Group's PB Ratio of today is 33.21.

The historical rank and industry rank for China HK Power Smart Energy Group's PB Ratio or its related term are showing as below:

HKSE:00931' s PB Ratio Range Over the Past 10 Years
Min: 2.5 Med: 13.62 Max: 64.75
Current: 33.21

During the past 13 years, China HK Power Smart Energy Group's highest PB Ratio was 64.75. The lowest was 2.50. And the median was 13.62.

HKSE:00931's PB Ratio is ranked worse than
99.09% of 987 companies
in the Oil & Gas industry
Industry Median: 1.24 vs HKSE:00931: 33.21

During the past 12 months, China HK Power Smart Energy Group's average Book Value Per Share Growth Rate was -17.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -23.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -33.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -18.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of China HK Power Smart Energy Group was 74.10% per year. The lowest was -47.70% per year. And the median was -9.30% per year.

Back to Basics: PB Ratio

China HK Power Smart Energy Group PB Ratio Historical Data

The historical data trend for China HK Power Smart Energy Group'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.

China HK Power Smart Energy Group PB Ratio Chart

China HK Power Smart Energy Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Mar19

Mar20

Mar21

Mar22

Mar23

PB Ratio

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15.31

10.80

29.38

7.00

32.73

China HK Power Smart Energy Group Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
PB Ratio	Get a 7-Day Free Trial															350.00	7.00	18.82	32.73	34.64

Competitive Comparison of China HK Power Smart Energy Group's PB Ratio

For the Oil & Gas Refining & Marketing subindustry, China HK Power Smart Energy Group'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.

China HK Power Smart Energy Group's PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, China HK Power Smart Energy Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where China HK Power Smart Energy Group's PB Ratio falls into.

China HK Power Smart Energy Group 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.

China HK Power Smart Energy Group's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2023)
	=	0.465	/	0.014
	=	33.21

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.

China HK Power Smart Energy Group (HKSE:00931) 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.

China HK Power Smart Energy Group PB Ratio Related Terms

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

China HK Power Smart Energy Group (HKSE:00931) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » China HK Power Smart Energy Group Ltd (HKSE:00931) » Definitions » PB Ratio

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Traded in Other Exchanges

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Address

33 Garden Road, St. John's Building, 8th Floor, Central, Hong Kong, HKG

Website

https://www.chinalng.todayir.com/en/index.php

China HK Power Smart Energy Group Ltd Formerly China LNG Group Ltd is engaged in the development of new energy businesses, which include investment, construction & operation of liquefied natural gas infrastructure, and financial leasing services. Its segments include financial services through finance leasing services for LNG vehicles, vessels, and equipment, provision of LNG in the downstream market, provision of commercial vehicle platform services, trading of securities, properties investment, and financial services through the provision of money lending business & LNG business which is Sales & distribution of LNG including wholesale of LNG, point-to-point supply of LNG, LNG pipeline network and provision of LNG logistic services in the PRC. The majority of revenue is from LNG business.

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