Megain Holding (Cayman) Co (HKSE:06939) PB Ratio : 0.79 (As of May. 18, 2024)

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What is Megain Holding (Cayman) 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 (2024-05-18), Megain Holding (Cayman) Co's share price is HK$0.62. Megain Holding (Cayman) Co's Book Value per Share for the quarter that ended in Dec. 2023 was HK$0.78. Hence, Megain Holding (Cayman) Co's PB Ratio of today is 0.79.

The historical rank and industry rank for Megain Holding (Cayman) Co's PB Ratio or its related term are showing as below:

HKSE:06939' s PB Ratio Range Over the Past 10 Years
Min: 0.61 Med: 1.23 Max: 4.59
Current: 0.79

During the past 7 years, Megain Holding (Cayman) Co's highest PB Ratio was 4.59. The lowest was 0.61. And the median was 1.23.

HKSE:06939's PB Ratio is ranked better than
83.55% of 2389 companies
in the Hardware industry
Industry Median: 1.87 vs HKSE:06939: 0.79

During the past 12 months, Megain Holding (Cayman) Co's average Book Value Per Share Growth Rate was -0.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 23.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 21.00% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Megain Holding (Cayman) Co was 29.80% per year. The lowest was 12.40% per year. And the median was 24.85% per year.

Back to Basics: PB Ratio

Megain Holding (Cayman) Co PB Ratio Historical Data

The historical data trend for Megain Holding (Cayman) 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.

Megain Holding (Cayman) Co PB Ratio Chart

Megain Holding (Cayman) Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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1.66

0.86

0.77

Megain Holding (Cayman) Co Semi-Annual Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial						1.66	1.42	0.86	1.26	0.77

Competitive Comparison of Megain Holding (Cayman) Co's PB Ratio

For the Computer Hardware subindustry, Megain Holding (Cayman) 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.

Megain Holding (Cayman) Co's PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Megain Holding (Cayman) Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Megain Holding (Cayman) Co's PB Ratio falls into.

Megain Holding (Cayman) 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.

Megain Holding (Cayman) Co's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	0.62	/	0.781
	=	0.79

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.

Megain Holding (Cayman) Co (HKSE:06939) 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.

Megain Holding (Cayman) Co PB Ratio Related Terms

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Megain Holding (Cayman) Co (HKSE:06939) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Megain Holding (Cayman) Co Ltd (HKSE:06939) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 115 Huawei Road, Block A, Floor 3, Guangdong Province, Zhuhai, CHN, 519000

Website

https://www.megaincayman.com

Megain Holding (Cayman) Co Ltd is an investment holding company engaged in the provision of research, design, development, and sales of compatible cartridge chips based in China. The company's products are the core components of compatible cartridges, which are printer consumables designed and manufactured by third-party cartridge manufacturers and include ink cartridges for use in inkjet printers and toner cartridges for use in laser printers. Its product application includes Desktop laser printers, Desktop inkjet printers, and Commercial printers. The company derives a majority of its revenue from the People's Republic of China.

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