Shin Yang Group Bhd (XKLS:5173) PB Ratio : 0.64 (As of May. 31, 2024)

View and export this data going back to 2010. Start your Free Trial

What is Shin Yang Group Bhd 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 (2024-05-31), Shin Yang Group Bhd's share price is RM0.695. Shin Yang Group Bhd's Book Value per Share for the quarter that ended in Dec. 2023 was RM1.09. Hence, Shin Yang Group Bhd's PB Ratio of today is 0.64.

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

XKLS:5173' s PB Ratio Range Over the Past 10 Years
Min: 0.16 Med: 0.4 Max: 0.95
Current: 0.64

During the past 13 years, Shin Yang Group Bhd's highest PB Ratio was 0.95. The lowest was 0.16. And the median was 0.40.

XKLS:5173's PB Ratio is ranked better than
81.78% of 933 companies
in the Transportation industry
Industry Median: 1.32 vs XKLS:5173: 0.64

During the past 12 months, Shin Yang Group Bhd's average Book Value Per Share Growth Rate was 9.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 11.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 1.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -0.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Shin Yang Group Bhd was 11.30% per year. The lowest was -7.10% per year. And the median was 0.60% per year.

Back to Basics: PB Ratio

Shin Yang Group Bhd PB Ratio Historical Data

The historical data trend for Shin Yang Group Bhd'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.

Shin Yang Group Bhd PB Ratio Chart

Shin Yang Group Bhd Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

PB Ratio

Get a 7-Day Free Trial

0.33

0.24

0.45

0.44

0.56

Shin Yang Group Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio	Get a 7-Day Free Trial															0.75	0.52	0.56	0.60	0.57

Competitive Comparison of Shin Yang Group Bhd's PB Ratio

For the Marine Shipping subindustry, Shin Yang Group Bhd'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.

Shin Yang Group Bhd's PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Shin Yang Group Bhd's PB Ratio distribution charts can be found below:

* The bar in red indicates where Shin Yang Group Bhd's PB Ratio falls into.

Shin Yang Group Bhd 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.

Shin Yang Group Bhd's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	0.695	/	1.086
	=	0.64

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.

Shin Yang Group Bhd (XKLS:5173) 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.

Shin Yang Group Bhd PB Ratio Related Terms

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

Shin Yang Group Bhd (XKLS:5173) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Shin Yang Group Bhd (XKLS:5173) » Definitions » PB Ratio

Traded in Other Exchanges

N/A

Address

Sublot 153, Parent Lot 70, Jalan Kuala Baram, Kuala Baram, Miri, SWK, MYS, 98100

Website

https://www.syshippingcorp.com.my

Shin Yang Group Bhd formerly Shin Yang Shipping Corp Bhd is a shipping company engaged in shipbuilding and shipping services. It has four business segments, shipping, ship repair and fabrication of metal structures segment, domestic and regional shipping segment which generates the majority of revenue, carries out shipping business in coastal and regional routes within Malaysia and the ASEAN region, International shipping segment, Land transportation and hiring services segment, Manufacturing, distribution and marketing of industrial gases, provision of services and maintenance and trading in welding equipment and machinery, and others segment consist of the business of shipping agency. It operates in various countries like Malaysia, Singapore, Netherlands, Japan, Taiwan, and others.

Shin Yang Group Bhd (XKLS:5173) Headlines

No Headlines