GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Bortex Global Ltd (HKSE:08118) » Definitions » PB Ratio

Bortex Global (HKSE:08118) PB Ratio : 0.55 (As of Jun. 05, 2024)


View and export this data going back to 2017. Start your Free Trial

What is Bortex Global 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 (2024-06-05), Bortex Global's share price is HK$0.109. Bortex Global's Book Value per Share for the quarter that ended in Oct. 2023 was HK$0.20. Hence, Bortex Global's PB Ratio of today is 0.55.

The historical rank and industry rank for Bortex Global's PB Ratio or its related term are showing as below:

HKSE:08118' s PB Ratio Range Over the Past 10 Years
Min: 0.28   Med: 1.34   Max: 7.63
Current: 0.55

During the past 9 years, Bortex Global's highest PB Ratio was 7.63. The lowest was 0.28. And the median was 1.34.

HKSE:08118's PB Ratio is ranked better than
85.68% of 412 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.57 vs HKSE:08118: 0.55

During the past 12 months, Bortex Global's average Book Value Per Share Growth Rate was -39.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -10.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.30% per year.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Bortex Global was 59.40% per year. The lowest was -10.40% per year. And the median was 30.35% per year.

Back to Basics: PB Ratio


Bortex Global PB Ratio Historical Data

The historical data trend for Bortex Global'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.

Bortex Global PB Ratio Chart

Bortex Global Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
PB Ratio
Get a 7-Day Free Trial Premium Member Only 1.01 1.57 1.31 1.43 2.46

Bortex Global Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.22 - 2.46 - 0.80

Competitive Comparison of Bortex Global's PB Ratio

For the Furnishings, Fixtures & Appliances subindustry, Bortex Global'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.


Bortex Global's PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Bortex Global's PB Ratio distribution charts can be found below:

* The bar in red indicates where Bortex Global's PB Ratio falls into.



Bortex Global 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.

Bortex Global's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Oct. 2023)
=0.109/0.199
=0.55

* 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.

It can also be calculated from the numbers for the whole company:

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.


Bortex Global  (HKSE:08118) 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.


Bortex Global PB Ratio Related Terms

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


Bortex Global (HKSE:08118) Business Description

Traded in Other Exchanges
N/A
Address
58 Hung To Road, Room 29, 8th floor, Career and Kenson Industrial Mansion, Kowloon, Kwun Tong, Hong Kong, HKG
Bortex Global Ltd is an investment holding company. Along with its subsidiaries, the company is engaged in the designing, trading, and manufacturing of Light Emitting Diode(LED) lighting products. Its LEDs are bifurcated into LED decorative lighting and LED luminaire lighting, out of which the majority of the revenue is generated from the LED decorative lighting. Its geographical segments include Canada, the United States, PRC, Hong Kong, and others.
Executives
Real Charm Corp
Chung Yu Chun
Shiu Kwok Leung

Bortex Global (HKSE:08118) Headlines

No Headlines