Tokyo Chuo Auction Holdings (HKSE:01939) PB Ratio : 1.37 (As of May. 15, 2024)

View and export this data going back to 2018. Start your Free Trial

What is Tokyo Chuo Auction 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 (2024-05-15), Tokyo Chuo Auction Holdings's share price is HK$0.70. Tokyo Chuo Auction Holdings's Book Value per Share for the quarter that ended in Sep. 2023 was HK$0.51. Hence, Tokyo Chuo Auction Holdings's PB Ratio of today is 1.37.

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

HKSE:01939' s PB Ratio Range Over the Past 10 Years
Min: 0.72 Med: 1.34 Max: 7.49
Current: 1.37

During the past 8 years, Tokyo Chuo Auction Holdings's highest PB Ratio was 7.49. The lowest was 0.72. And the median was 1.34.

HKSE:01939's PB Ratio is ranked better than
54.15% of 1060 companies
in the Retail - Cyclical industry
Industry Median: 1.5 vs HKSE:01939: 1.37

During the past 12 months, Tokyo Chuo Auction Holdings's average Book Value Per Share Growth Rate was -4.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -2.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 14.00% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Tokyo Chuo Auction Holdings was 60.80% per year. The lowest was -2.50% per year. And the median was 39.70% per year.

Back to Basics: PB Ratio

Tokyo Chuo Auction Holdings PB Ratio Historical Data

The historical data trend for Tokyo Chuo Auction 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.

Tokyo Chuo Auction Holdings PB Ratio Chart

Tokyo Chuo Auction Holdings Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

PB Ratio

Get a 7-Day Free Trial

2.34

1.21

1.10

1.48

Tokyo Chuo Auction Holdings Semi-Annual Data
	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
PB Ratio	Get a 7-Day Free Trial										1.13	1.48	1.40	1.48	1.35

Competitive Comparison of Tokyo Chuo Auction Holdings's PB Ratio

For the Specialty Retail subindustry, Tokyo Chuo Auction 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.

Tokyo Chuo Auction Holdings's PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Tokyo Chuo Auction Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where Tokyo Chuo Auction Holdings's PB Ratio falls into.

Tokyo Chuo Auction 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.

Tokyo Chuo Auction Holdings's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2023)
	=	0.70	/	0.511
	=	1.37

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.

Tokyo Chuo Auction Holdings (HKSE:01939) 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.

Tokyo Chuo Auction Holdings PB Ratio Related Terms

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

Tokyo Chuo Auction Holdings (HKSE:01939) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Tokyo Chuo Auction Holdings Ltd (HKSE:01939) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-7-5 Kyobashi, Chou-Ku, 2nd and 3rd Floor, Kyobashi Square, Tokyo, JPN, 104-0031

Website

https://www.chuo-auction.com.hk

Tokyo Chuo Auction Holdings Ltd is an investment holding company. The company's operating segment includes the Operation of art auction and related business and Artwork sales. The company is in auctioneering a wide variety of artworks with emphasis on Chinese and Japanese artworks, including Chinese paintings and calligraphies, Chinese antiques and Japanese and Chinese teawares. It generates maximum revenue from the Operation of art auction and related business and Artwork sales segment. Geographically, it derives a majority of revenue from Japan.

Tokyo Chuo Auction Holdings (HKSE:01939) Headlines

No Headlines