Dexin Services Group (HKSE:02215) PB Ratio : 2.16 (As of May. 23, 2024)

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What is Dexin Services 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 (2024-05-23), Dexin Services Group's share price is HK$1.87. Dexin Services Group's Book Value per Share for the quarter that ended in Dec. 2023 was HK$0.87. Hence, Dexin Services Group's PB Ratio of today is 2.16.

Good Sign:

Dexin Services Group Ltd stock PB Ratio (=2.15) is close to 3-year low of 2.06

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

HKSE:02215' s PB Ratio Range Over the Past 10 Years
Min: 2.06 Med: 2.97 Max: 37.67
Current: 2.15

During the past 6 years, Dexin Services Group's highest PB Ratio was 37.67. The lowest was 2.06. And the median was 2.97.

HKSE:02215's PB Ratio is ranked worse than
82.91% of 1755 companies
in the Real Estate industry
Industry Median: 0.82 vs HKSE:02215: 2.15

During the past 12 months, Dexin Services Group's average Book Value Per Share Growth Rate was -1.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 112.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 65.40% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Dexin Services Group was 112.80% per year. The lowest was 73.60% per year. And the median was 107.90% per year.

Back to Basics: PB Ratio

Dexin Services Group PB Ratio Historical Data

The historical data trend for Dexin Services 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.

Dexin Services Group PB Ratio Chart

Dexin Services Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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3.00

3.29

2.65

Dexin Services Group Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial					3.00	2.78	3.29	3.05	2.65

Competitive Comparison of Dexin Services Group's PB Ratio

For the Real Estate Services subindustry, Dexin Services 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.

Dexin Services Group's PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Dexin Services Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where Dexin Services Group's PB Ratio falls into.

Dexin Services 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.

Dexin Services Group's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	1.87	/	0.867
	=	2.16

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.

Dexin Services Group (HKSE:02215) 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.

Dexin Services Group PB Ratio Related Terms

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

Dexin Services Group (HKSE:02215) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Dexin Services Group Ltd (HKSE:02215) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2008-2010, Jinchang Road, Liangzhu Street, Room 488, Building 2, Zhejiang Province, Hangzhou, CHN

Website

https://www.dexinfuwu.com

Dexin Services Group Ltd is a property management service provider in Zhejiang province. It provides a wide range of services for both residential and non-residential properties through three business lines, namely, property management services, value-added services to non-property owners, and community value-added services.

Dexin Services Group (HKSE:02215) Headlines

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