Dah Sing Banking Group (HKSE:02356) PB Ratio

: 0.27 (As of Today)

View and export this data going back to 2004. Start your Free Trial

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 (2024-04-24), Dah Sing Banking Group's share price is HK$6.29. Dah Sing Banking Group's Book Value per Share for the quarter that ended in Jun. 2023 was HK$23.40. Hence, Dah Sing Banking Group's PB Ratio of today is 0.27.

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

HKSE:02356' s PB Ratio Range Over the Past 10 Years
Min: 0.21 Med: 0.8 Max: 1.35
Current: 0.27

During the past 13 years, Dah Sing Banking Group's highest PB Ratio was 1.35. The lowest was 0.21. And the median was 0.80.

HKSE:02356's PB Ratio is ranked better than
94.38% of 1459 companies
in the Banks industry
Industry Median: 0.85 vs HKSE:02356: 0.27

During the past 12 months, Dah Sing Banking Group's average Book Value Per Share Growth Rate was 0.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 2.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 6.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Dah Sing Banking Group was 13.30% per year. The lowest was -23.40% per year. And the median was 6.90% per year.

Back to Basics: PB Ratio

Dah Sing Banking Group PB Ratio Historical Data

The historical data trend for Dah Sing Banking 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.

Dah Sing Banking Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

Get a 7-Day Free Trial

0.52

0.39

0.30

0.26

0.22

Dah Sing Banking Group 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															0.30	0.29	0.26	0.27	0.22

Competitive Comparison

For the Banks - Regional subindustry, Dah Sing Banking 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.

Dah Sing Banking Group PB Ratio Distribution

For the Banks industry and Financial Services sector, Dah Sing Banking Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where Dah Sing Banking Group's PB Ratio falls into.

Dah Sing Banking 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.

Dah Sing Banking Group's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Jun. 2023)
	=	6.29	/	23.396
	=	0.27

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.

Dah Sing Banking Group (HKSE:02356) 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.

Dah Sing Banking Group PB Ratio Related Terms

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

Dah Sing Banking Group (HKSE:02356) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Dah Sing Banking Group Ltd (HKSE:02356) » Definitions » PB Ratio

Traded in Other Exchanges

DHSBF:USA RY2:Germany

Address

248 Queen’s Road East, 26th Floor, Dah Sing Financial Centre, Wanchai, Hong Kong, HKG

Website

https://www.dahsing.com

Dah Sing Banking Group Ltd is a bank holding company. It operates in five segments: Personal Banking, Commercial Banking, Treasury and Global Marets, Overseas Banking, and Others. The Personal Banking segment deals in deposits from individual customers, the extension of residential mortgage lending, personal loans, insurance, and investment services. The commercial banking segment provides similar services to institutional customers and organizations. The Treasury segment provides foreign exchange services and centralized cash management for deposit-taking & lending, interest rate risk management, management of investment in securities, and overall funding. Overseas banking businesses include personal banking, and commercial banking business activities provided by overseas subsidiaries.

Dah Sing Banking Group (HKSE:02356) Headlines

No Headlines