China Apex Group (HKSE:02011) PB Ratio : 9.00 (As of May. 26, 2024)

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What is China Apex 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 (2024-05-26), China Apex Group's share price is HK$1.99. China Apex Group's Book Value per Share for the quarter that ended in Dec. 2023 was HK$0.22. Hence, China Apex Group's PB Ratio of today is 9.00.

Warning Sign:

China Apex Group Ltd stock PB Ratio (=9) is close to 10-year high of 9.23

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

HKSE:02011' s PB Ratio Range Over the Past 10 Years
Min: 0.48 Med: 2.66 Max: 9.23
Current: 9

During the past 13 years, China Apex Group's highest PB Ratio was 9.23. The lowest was 0.48. And the median was 2.66.

HKSE:02011's PB Ratio is ranked worse than
94.46% of 1010 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.24 vs HKSE:02011: 9.00

During the past 12 months, China Apex Group's average Book Value Per Share Growth Rate was -33.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -12.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -15.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -11.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of China Apex Group was 31.20% per year. The lowest was -21.50% per year. And the median was -4.45% per year.

Back to Basics: PB Ratio

China Apex Group PB Ratio Historical Data

The historical data trend for China Apex 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 Apex Group PB Ratio Chart

China Apex Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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4.51

7.34

7.54

2.50

5.43

China Apex Group Semi-Annual Data
	Jun14	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															7.54	2.49	2.50	3.70	5.43

Competitive Comparison of China Apex Group's PB Ratio

For the Apparel Manufacturing subindustry, China Apex 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 Apex Group's PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, China Apex Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where China Apex Group's PB Ratio falls into.

China Apex 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 Apex Group's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	1.99	/	0.221
	=	9.00

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 Apex Group (HKSE:02011) 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 Apex Group PB Ratio Related Terms

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

China Apex Group (HKSE:02011) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » China Apex Group Ltd (HKSE:02011) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nine Queen’s Road Central, Suite 10A and 10B, 15th Floor, Central, Hong Kong, HKG

Website

https://www.irasia.com/listco/hk/chinaapex/index.h

China Apex Group Ltd is an investment holding company. The principal activities of the company consist of designing, manufacturing, and sale of Finished zippers and sliders, and other products. The company's segment consists of Zippers (Mainland China); and Zippers (Overseas). The majority of the revenue is derived from the Zippers (Mainland China) segment that manufactures zippers products and mainly sells to customers in Mainland China. Its activities are mainly carried out in Guangdong, Zhejiang, and Jingmen.

Executives

China Sun Corporation	2101 Beneficial owner
Qiu Chuanzhi	2201 Interest of corporation controlled by you
Central Eagle Limited	2101 Beneficial owner
Wu Jingming	2201 Interest of corporation controlled by you
Chan Ho Yin	2501 Other
Li Kin Long Kenny	2501 Other
Yip Siu Lun Dave	2101 Beneficial owner
Golden Diamond Inc.	2101 Beneficial owner
Lin Ping	2201 Interest of corporation controlled by you
Mak Yung Pan Andrew	2201 Interest of corporation controlled by you
Zhuang Weidong	2201 Interest of corporation controlled by you
Zhong Guo Hua Rong Zi Chan Guan Li Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Farco Holdings Limited	2101 Beneficial owner
Qi Wei	2201 Interest of corporation controlled by you

China Apex Group (HKSE:02011) Headlines

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