Raymond Industrial (HKSE:00229) PB Ratio : 0.75 (As of May. 27, 2024)

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What is Raymond Industrial 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 (2024-05-27), Raymond Industrial's share price is HK$1.01. Raymond Industrial's Book Value per Share for the quarter that ended in Dec. 2023 was HK$1.34. Hence, Raymond Industrial's PB Ratio of today is 0.75.

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

HKSE:00229' s PB Ratio Range Over the Past 10 Years
Min: 0.56 Med: 0.78 Max: 1.03
Current: 0.75

During the past 13 years, Raymond Industrial's highest PB Ratio was 1.03. The lowest was 0.56. And the median was 0.78.

HKSE:00229's PB Ratio is ranked better than
77.83% of 415 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.65 vs HKSE:00229: 0.75

During the past 12 months, Raymond Industrial's average Book Value Per Share Growth Rate was 4.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 0.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 1.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 0.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Raymond Industrial was 2.70% per year. The lowest was -76.10% per year. And the median was -0.30% per year.

Back to Basics: PB Ratio

Raymond Industrial PB Ratio Historical Data

The historical data trend for Raymond Industrial'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.

Raymond Industrial PB Ratio Chart

Raymond Industrial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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0.73

0.80

0.75

0.61

0.57

Raymond Industrial 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															0.75	0.74	0.61	0.57	0.57

Competitive Comparison of Raymond Industrial's PB Ratio

For the Furnishings, Fixtures & Appliances subindustry, Raymond Industrial'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.

Raymond Industrial's PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Raymond Industrial's PB Ratio distribution charts can be found below:

* The bar in red indicates where Raymond Industrial's PB Ratio falls into.

Raymond Industrial 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.

Raymond Industrial's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	1.01	/	1.344
	=	0.75

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.

Raymond Industrial (HKSE:00229) 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.

Raymond Industrial PB Ratio Related Terms

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Raymond Industrial (HKSE:00229) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Raymond Industrial Ltd (HKSE:00229) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 On Ping Street, Rooms 1801-1813, 18th Floor, Grandtech Centre, Shatin, New Territories, Hong Kong, HKG

Website

https://www.raymondfinance.com/html/about.html

Raymond Industrial Ltd is engaged in the manufacture and sale of electrical home appliances. The company's geographical segment includes Japan, the United States, and the People's Republic of China (PRC), Europe, Asia (excluding Japan and the PRC) and Rest of the world. The PRC segment is involved in the manufacture of electrical household appliances. The Rest of the world segment covers sales of electrical home appliances to customers in Australia, Canada, South America and Africa. Its product categories comprise Environmental products, Battery, Health and personal care, Kitchen products and other small and medium-sized electrical household appliances.

Executives

Wong Ying Man John	2101 Beneficial owner
Webb David Michael	2101 Beneficial owner
Diamond-harvest Limited	2101 Beneficial owner
Wong Kin Lae Wilson	2201 Interest of corporation controlled by you
Zhong Guo Bing Qi Gong Ye Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Zhong Guo Bing Qi Zhuang Bei Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Zhong Guo Bei Fang Gong Ye You Xian Gong Si	2201 Interest of corporation controlled by you
An Li Shi Ye You Xian Gong Si	2101 Beneficial owner
Sun Kwing Hai Amelia	2202 Interest of your spouse

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