Advancecon Holdings Bhd (XKLS:5281) PB Ratio : 0.92 (As of May. 24, 2024)

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What is Advancecon Holdings 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 (2024-05-24), Advancecon Holdings Bhd's share price is RM0.285. Advancecon Holdings Bhd's Book Value per Share for the quarter that ended in Dec. 2023 was RM0.31. Hence, Advancecon Holdings Bhd's PB Ratio of today is 0.92.

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

XKLS:5281' s PB Ratio Range Over the Past 10 Years
Min: 0.54 Med: 0.8 Max: 2.71
Current: 0.91

During the past 8 years, Advancecon Holdings Bhd's highest PB Ratio was 2.71. The lowest was 0.54. And the median was 0.80.

XKLS:5281's PB Ratio is ranked better than
62.95% of 1625 companies
in the Construction industry
Industry Median: 1.23 vs XKLS:5281: 0.91

During the past 12 months, Advancecon Holdings Bhd's average Book Value Per Share Growth Rate was -21.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -12.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -6.80% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Advancecon Holdings Bhd was 22.00% per year. The lowest was -12.30% per year. And the median was -0.60% per year.

Back to Basics: PB Ratio

Advancecon Holdings Bhd PB Ratio Historical Data

The historical data trend for Advancecon Holdings 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.

Advancecon Holdings Bhd PB Ratio Chart

Advancecon Holdings Bhd Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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0.82

0.86

0.68

0.63

0.92

Advancecon Holdings 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															0.63	0.70	0.96	0.83	0.92

Competitive Comparison of Advancecon Holdings Bhd's PB Ratio

For the Engineering & Construction subindustry, Advancecon Holdings 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.

Advancecon Holdings Bhd's PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Advancecon Holdings Bhd's PB Ratio distribution charts can be found below:

* The bar in red indicates where Advancecon Holdings Bhd's PB Ratio falls into.

Advancecon Holdings 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.

Advancecon Holdings Bhd's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	0.285	/	0.311
	=	0.92

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.

Advancecon Holdings Bhd (XKLS:5281) 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.

Advancecon Holdings Bhd PB Ratio Related Terms

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

Advancecon Holdings Bhd (XKLS:5281) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Advancecon Holdings Bhd (XKLS:5281) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 16, 18 & 20, Jalan Pekaka 8/3, Seksyen 8, Kota Damansara, Petaling Jaya, SGR, MYS, 47810

Website

https://www.advancecon.com.my

Advancecon Holdings Bhd is a construction company. It is involved in the provision of earthworks and civil engineering services, which is a sub-sector of the construction industry in Malaysia. The group's wide range of earthworks services encompasses site clearing, excavation and fill, soil investigation, rock blasting works and embankment construction. The company has following reportable segments: Construction and Support Services and Property Investments, Green Energy and Quarry Operations, Centralised Labour Quarter. It derives majority of its revenue from Construction and Support Services segment. Further, it is also involved in the New Energy division, which focuses on development and/or operation of power generation from renewable energy, solar and other renewable energy projects.

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