Ten Pao Group Holdings (HKSE:01979) PB Ratio : 0.73 (As of May. 15, 2024)

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What is Ten Pao Group 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), Ten Pao Group Holdings's share price is HK$1.18. Ten Pao Group Holdings's Book Value per Share for the quarter that ended in Dec. 2023 was HK$1.61. Hence, Ten Pao Group Holdings's PB Ratio of today is 0.73.

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

HKSE:01979' s PB Ratio Range Over the Past 10 Years
Min: 0.59 Med: 1.51 Max: 6.32
Current: 0.73

During the past 10 years, Ten Pao Group Holdings's highest PB Ratio was 6.32. The lowest was 0.59. And the median was 1.51.

HKSE:01979's PB Ratio is ranked better than
86.63% of 2932 companies
in the Industrial Products industry
Industry Median: 1.92 vs HKSE:01979: 0.73

During the past 12 months, Ten Pao Group Holdings's average Book Value Per Share Growth Rate was 17.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 17.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 23.40% per year.

During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of Ten Pao Group Holdings was 30.50% per year. The lowest was 6.40% per year. And the median was 19.10% per year.

Back to Basics: PB Ratio

Ten Pao Group Holdings PB Ratio Historical Data

The historical data trend for Ten Pao Group 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.

Ten Pao Group Holdings PB Ratio Chart

Ten Pao Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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1.35

2.03

1.45

1.00

0.64

Ten Pao Group Holdings Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial														1.45	0.91	1.00	0.75	0.64

Competitive Comparison of Ten Pao Group Holdings's PB Ratio

For the Electrical Equipment & Parts subindustry, Ten Pao Group 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.

Ten Pao Group Holdings's PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ten Pao Group Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where Ten Pao Group Holdings's PB Ratio falls into.

Ten Pao Group 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.

Ten Pao Group Holdings's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	1.18	/	1.606
	=	0.73

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.

Ten Pao Group Holdings (HKSE:01979) 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.

Ten Pao Group Holdings PB Ratio Related Terms

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Ten Pao Group Holdings (HKSE:01979) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ten Pao Group Holdings Ltd (HKSE:01979) » Definitions » PB Ratio

Traded in Other Exchanges

N/A

Address

151-153 Hoi Bun Road, Rooms 610-612, 6th Floor, Kwong Sang Hong Centre, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.tenpao.com

Ten Pao Group Holdings Ltd is an investment holding company. It is engaged in the sales and manufacturing of switching power supply units for consumer products and smart chargers and controllers for industrial use. The operating segments of the company are telecommunication, media and entertainment, electrical home appliances, lighting, smart chargers and controllers, and others. Some of its products are USB chargers, wireless chargers, adapters, open frame power supply, led drivers, smart charger and controllers, and power saver. Geographically, the group has a business presence in the PRC, Europe, Asia, the U.S., Africa and Other regions, of which prime revenue is derived from the PRC.

Ten Pao Group Holdings (HKSE:01979) Headlines

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