Zhongsheng Group Holdings (HKSE:00881) PB Ratio : 0.72 (As of Apr. 29, 2024)

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

What is Zhongsheng Group Holdings 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 (2024-04-29), Zhongsheng Group Holdings's share price is HK$15.06. Zhongsheng Group Holdings's Book Value per Share for the quarter that ended in Jun. 2023 was HK$21.00. Hence, Zhongsheng Group Holdings's PB Ratio of today is 0.72.

Good Sign:

Zhongsheng Group Holdings Ltd stock PB Ratio (=0.69) is close to 5-year low of 0.64

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

HKSE:00881' s PB Ratio Range Over the Past 10 Years
Min: 0.44 Med: 2 Max: 5.78
Current: 0.72

During the past 13 years, Zhongsheng Group Holdings's highest PB Ratio was 5.78. The lowest was 0.44. And the median was 2.00.

HKSE:00881's PB Ratio is ranked better than
76.5% of 1251 companies
in the Vehicles & Parts industry
Industry Median: 1.44 vs HKSE:00881: 0.72

During the past 12 months, Zhongsheng Group Holdings's average Book Value Per Share Growth Rate was -1.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 24.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 22.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 15.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Zhongsheng Group Holdings was 56.70% per year. The lowest was 4.30% per year. And the median was 16.95% per year.

Back to Basics: PB Ratio

Zhongsheng Group Holdings PB Ratio Historical Data

The historical data trend for Zhongsheng Group Holdings'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.

Zhongsheng Group Holdings PB Ratio Chart

Zhongsheng Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

Get a 7-Day Free Trial

2.99

3.99

2.98

1.97

0.89

Zhongsheng Group Holdings 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															2.98	2.75	1.97	1.50	0.89

Competitive Comparison of Zhongsheng Group Holdings's PB Ratio

For the Auto & Truck Dealerships subindustry, Zhongsheng Group Holdings'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.

Zhongsheng Group Holdings's PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Zhongsheng Group Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where Zhongsheng Group Holdings's PB Ratio falls into.

Zhongsheng Group Holdings 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.

Zhongsheng Group Holdings's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Jun. 2023)
	=	15.06	/	20.997
	=	0.72

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.

Zhongsheng Group Holdings (HKSE:00881) 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.

Zhongsheng Group Holdings PB Ratio Related Terms

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

Zhongsheng Group Holdings (HKSE:00881) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Zhongsheng Group Holdings Ltd (HKSE:00881) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

ZSHGY:USA 5Z0:Germany

Address

No. 20 Hequ Street, Shahekou District, Dalian, CHN, 116000

Website

https://www.zs-group.com.cn

Zhongsheng Group Holdings Ltd is an automobile dealer in China. The company is focused on luxury and mid-to-high end automobile brands including luxury brands of Mercedes-Benz, Lexus and Audi, Porsche and Landrover, and mid-to-high end brands of Toyota, Nissan, and Volkswagen, Chrysler. It provides sales and services for motor vehicles.

Zhongsheng Group Holdings (HKSE:00881) Headlines

No Headlines