Tian An Australia (ASX:TIA) PB Ratio : 0.29 (As of Jun. 01, 2024)

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What is Tian An Australia 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 (2024-06-01), Tian An Australia's share price is A$0.225. Tian An Australia's Book Value per Share for the quarter that ended in Jun. 2023 was A$0.78. Hence, Tian An Australia's PB Ratio of today is 0.29.

The historical rank and industry rank for Tian An Australia's PB Ratio or its related term are showing as below:

ASX:TIA' s PB Ratio Range Over the Past 10 Years
Min: 0.12 Med: 0.39 Max: 1.67
Current: 0.29

During the past 13 years, Tian An Australia's highest PB Ratio was 1.67. The lowest was 0.12. And the median was 0.39.

ASX:TIA's PB Ratio is ranked better than
84.42% of 1752 companies
in the Real Estate industry
Industry Median: 0.81 vs ASX:TIA: 0.29

During the past 12 months, Tian An Australia's average Book Value Per Share Growth Rate was 8.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -6.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -10.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -7.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Tian An Australia was 117.90% per year. The lowest was -59.90% per year. And the median was -3.90% per year.

Back to Basics: PB Ratio

Tian An Australia PB Ratio Historical Data

The historical data trend for Tian An Australia'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.

Tian An Australia PB Ratio Chart

Tian An Australia Annual Data

Trend

Jun14

Jun15

Jun16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

Get a 7-Day Free Trial

0.34

0.27

0.29

0.34

0.27

Tian An Australia 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															0.29	0.34	0.34	0.44	0.27

Competitive Comparison of Tian An Australia's PB Ratio

For the Real Estate - Development subindustry, Tian An Australia'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.

Tian An Australia's PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Tian An Australia's PB Ratio distribution charts can be found below:

* The bar in red indicates where Tian An Australia's PB Ratio falls into.

Tian An Australia 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.

Tian An Australia's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Jun. 2023)
	=	0.225	/	0.777
	=	0.29

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.

Tian An Australia (ASX:TIA) 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.

Tian An Australia PB Ratio Related Terms

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Tian An Australia (ASX:TIA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tian An Australia Ltd (ASX:TIA) » Definitions » PB Ratio

Traded in Other Exchanges

N/A

Address

99 Macquarie Street, Level 6, Sydney, NSW, AUS, 2000

Website

https://www.tianan.com.au

Tian An Australia Ltd is engaged in the development and sale of residential, land, and built-form products. The company has interests in developments on the east coast of Australia and developments in the Mandurah/Peel Region of Western Australia. The vast majority of the Group's reoccurring revenue relates to the sale of developed land and completed apartments.

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