ESR Group (HKSE:01821) PB Ratio : 0.57 (As of May. 02, 2024)

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What is ESR Group 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 (2024-05-02), ESR Group's share price is HK$8.70. ESR Group's Book Value per Share for the quarter that ended in Dec. 2023 was HK$15.35. Hence, ESR Group's PB Ratio of today is 0.57.

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

HKSE:01821' s PB Ratio Range Over the Past 10 Years
Min: 0.49 Med: 2.22 Max: 3.47
Current: 0.57

During the past 8 years, ESR Group's highest PB Ratio was 3.47. The lowest was 0.49. And the median was 2.22.

HKSE:01821's PB Ratio is ranked better than
65.41% of 1752 companies
in the Real Estate industry
Industry Median: 0.81 vs HKSE:01821: 0.57

During the past 12 months, ESR Group's average Book Value Per Share Growth Rate was -1.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 19.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 23.80% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of ESR Group was 58.50% per year. The lowest was 19.00% per year. And the median was 25.90% per year.

Back to Basics: PB Ratio

ESR Group PB Ratio Historical Data

The historical data trend for ESR Group'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.

ESR Group PB Ratio Chart

ESR Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

Get a 7-Day Free Trial

2.26

3.06

2.48

1.06

0.70

ESR Group Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial								2.48	1.33	1.06	0.86	0.70

Competitive Comparison of ESR Group's PB Ratio

For the Real Estate Services subindustry, ESR Group'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.

ESR Group's PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, ESR Group's PB Ratio distribution charts can be found below:

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

ESR Group 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.

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

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	8.70	/	15.345
	=	0.57

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.

ESR Group (HKSE:01821) 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.

ESR Group PB Ratio Related Terms

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ESR Group (HKSE:01821) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » ESR Group Ltd (HKSE:01821) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

ESRCF:USA

Address

Two Exchange Square, Suites 2905-06, 8 Connaught Place, Central, Hong Kong, HKG

Website

https://www.esr.com

ESR Group, or ESR, is one of the largest real asset managers in the Asia-Pacific, with USD 145 billion in total assets under management as of Dec. 31, 2022. Most of its earnings are derived from fund management, where it manages underlying assets in investment vehicles such as a fund or REIT for fee income and a share of profits. It also develops and holds investment properties on its balance sheet for rental income and capital appreciation and will divest them into its managed funds and REITs over time to unlock and recycle the capital into other investment opportunities. In addition, to align its interest with its capital partners, ESR coinvests in the funds and REITs that it manages where it generates dividend income, pro rata earnings and value appreciation.

ESR Group (HKSE:01821) Headlines

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