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Huaxi Holdings Co (HKSE:01689) PB Ratio : 1.96 (As of Apr. 28, 2024)


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What is Huaxi Holdings 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 (2024-04-28), Huaxi Holdings Co's share price is HK$0.90. Huaxi Holdings Co's Book Value per Share for the quarter that ended in Jun. 2023 was HK$0.46. Hence, Huaxi Holdings Co's PB Ratio of today is 1.96.

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

HKSE:01689' s PB Ratio Range Over the Past 10 Years
Min: 1.55   Med: 3.3   Max: 8.16
Current: 1.96

During the past 11 years, Huaxi Holdings Co's highest PB Ratio was 8.16. The lowest was 1.55. And the median was 3.30.

HKSE:01689's PB Ratio is ranked worse than
68.8% of 375 companies
in the Packaging & Containers industry
Industry Median: 1.28 vs HKSE:01689: 1.96

During the past 12 months, Huaxi Holdings Co's average Book Value Per Share Growth Rate was -18.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -0.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 5.20% per year.

During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Huaxi Holdings Co was 13.60% per year. The lowest was -0.80% per year. And the median was 6.40% per year.

Back to Basics: PB Ratio


Huaxi Holdings Co PB Ratio Historical Data

The historical data trend for Huaxi Holdings 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.

Huaxi Holdings Co PB Ratio Chart

Huaxi Holdings Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.10 3.55 3.25 2.90 2.70

Huaxi Holdings Co Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 3.25 2.37 2.90 2.66 2.70

Competitive Comparison of Huaxi Holdings Co's PB Ratio

For the Packaging & Containers subindustry, Huaxi Holdings 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.


Huaxi Holdings Co's PB Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Huaxi Holdings Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Huaxi Holdings Co's PB Ratio falls into.



Huaxi Holdings 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.

Huaxi Holdings Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2023)
=0.90/0.459
=1.96

* 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.


Huaxi Holdings Co  (HKSE:01689) 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.


Huaxi Holdings Co PB Ratio Related Terms

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


Huaxi Holdings Co (HKSE:01689) Business Description

Traded in Other Exchanges
N/A
Address
No. 4 Wanji North Street, Wanji Industrial District, Guangdong Province, Shantou, CHN
Huaxi Holdings Co Ltd is an investment holding company principally engaged in the manufacture and sale of packaging materials for a cigarette in China. It has two reportable segments: Cigarette Packaging Business and Environmental Treatment Business. The products of the group include tipping papers, inner frame aluminum papers, inner laser paper, cigarette box frame paper, and cigarette trademark labels. Geographically all the activities functioned through China, and generate a vast majority of its revenues from the cigarette packaging business.

Huaxi Holdings Co (HKSE:01689) Headlines

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