Hong Leong Finance (SGX:S41) PB Ratio : 0.54 (As of Apr. 28, 2024)

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What is Hong Leong Finance 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), Hong Leong Finance's share price is S$2.50. Hong Leong Finance's Book Value per Share for the quarter that ended in Dec. 2023 was S$4.59. Hence, Hong Leong Finance's PB Ratio of today is 0.54.

Good Sign:

Hong Leong Finance Ltd stock PB Ratio (=0.54) is close to 10-year low of 0.49

The historical rank and industry rank for Hong Leong Finance's PB Ratio or its related term are showing as below:

SGX:S41' s PB Ratio Range Over the Past 10 Years
Min: 0.49 Med: 0.62 Max: 0.75
Current: 0.54

During the past 13 years, Hong Leong Finance's highest PB Ratio was 0.75. The lowest was 0.49. And the median was 0.62.

SGX:S41's PB Ratio is ranked better than
78.88% of 1458 companies
in the Banks industry
Industry Median: 0.85 vs SGX:S41: 0.54

During the past 12 months, Hong Leong Finance'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 2.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 1.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 2.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Hong Leong Finance was 5.70% per year. The lowest was -19.80% per year. And the median was 2.00% per year.

Back to Basics: PB Ratio

Hong Leong Finance PB Ratio Historical Data

The historical data trend for Hong Leong Finance'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.

Hong Leong Finance PB Ratio Chart

Hong Leong Finance Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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0.62

0.56

0.55

0.52

0.54

Hong Leong Finance 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															0.55	0.55	0.52	0.55	0.54

Competitive Comparison of Hong Leong Finance's PB Ratio

For the Banks - Regional subindustry, Hong Leong Finance'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.

Hong Leong Finance's PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Hong Leong Finance's PB Ratio distribution charts can be found below:

* The bar in red indicates where Hong Leong Finance's PB Ratio falls into.

Hong Leong Finance 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.

Hong Leong Finance's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	2.50	/	4.593
	=	0.54

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.

Hong Leong Finance (SGX:S41) 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.

Hong Leong Finance PB Ratio Related Terms

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

Hong Leong Finance (SGX:S41) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Hong Leong Finance Ltd (SGX:S41) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

16 Raffles Quay, No. 01-05, Hong Leong Building, Singapore, SGP, 048581

Website

https://www.hlf.com.sg

Hong Leong Finance Ltd offers banking services to business enterprises and retail customers. It specializes in working with small and medium enterprises and offers a variety of credit and loan options for them. For retail customers, Hong Leong offers home and car loans. Net interest income accounts for around 80% of the company's total revenue. Hong Leong generates its remaining revenue through fees and commissions for its advisory and corporate finance services. Hong Leong operates exclusively in Singapore.

Hong Leong Finance (SGX:S41) Headlines

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