Harbin Bank Co (HKSE:06138) PB Ratio : 0.05 (As of May. 04, 2024)

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What is Harbin Bank Co 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 (2024-05-04), Harbin Bank Co's share price is HK$0.31. Harbin Bank Co's Book Value per Share for the quarter that ended in Dec. 2023 was HK$6.13. Hence, Harbin Bank Co's PB Ratio of today is 0.05.

The historical rank and industry rank for Harbin Bank Co's PB Ratio or its related term are showing as below:

HKSE:06138' s PB Ratio Range Over the Past 10 Years
Min: 0.04 Med: 0.37 Max: 1.34
Current: 0.05

During the past 12 years, Harbin Bank Co's highest PB Ratio was 1.34. The lowest was 0.04. And the median was 0.37.

HKSE:06138's PB Ratio is ranked better than
99.73% of 1458 companies
in the Banks industry
Industry Median: 0.86 vs HKSE:06138: 0.05

During the past 12 months, Harbin Bank Co'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 4.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 9.60% per year.

During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Harbin Bank Co was 24.00% per year. The lowest was 4.90% per year. And the median was 9.70% per year.

Back to Basics: PB Ratio

Harbin Bank Co PB Ratio Historical Data

The historical data trend for Harbin Bank Co'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.

Harbin Bank Co PB Ratio Chart

Harbin Bank Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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0.31

0.19

0.12

0.05

0.04

Harbin Bank Co 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															0.12	0.10	0.05	0.04	0.04

Competitive Comparison of Harbin Bank Co's PB Ratio

For the Banks - Regional subindustry, Harbin Bank Co'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.

Harbin Bank Co's PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Harbin Bank Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Harbin Bank Co's PB Ratio falls into.

Harbin Bank Co 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.

Harbin Bank Co's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	0.31	/	6.128
	=	0.05

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.

Harbin Bank Co (HKSE:06138) 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.

Harbin Bank Co PB Ratio Related Terms

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

Harbin Bank Co (HKSE:06138) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Harbin Bank Co Ltd (HKSE:06138) » Definitions » PB Ratio

Traded in Other Exchanges

N/A

Address

No. 888 Shangjiang Street, Daoli District, Harbin, CHN, 150010

Website

https://www.hrbb.com.cn

Harbin Bank Co Ltd is a China-based company that operates a financial business throughout mainland China. The company's core businesses consist of the corporate banking business, which provides corporate customers with financial products and services, such as deposits, loans, settlement, clearing, and others; the retail banking business, which provides retail customers with financial products and services, such as deposits, bank cards, credit cards, personal loans, collateral loans, and personal wealth-management services; and the interbank financial business, which is involved in money market placements, investments, repurchasing, and foreign exchange transactions. The company generates over half of its revenue from the Heilongjiang province.

Harbin Bank Co (HKSE:06138) Headlines

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