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Pax Global Technology (HKSE:00327) PB Ratio : 0.90 (As of May. 21, 2024)


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What is Pax Global Technology 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 (2024-05-21), Pax Global Technology's share price is HK$6.30. Pax Global Technology's Book Value per Share for the quarter that ended in Dec. 2023 was HK$6.97. Hence, Pax Global Technology's PB Ratio of today is 0.90.

The historical rank and industry rank for Pax Global Technology's PB Ratio or its related term are showing as below:

HKSE:00327' s PB Ratio Range Over the Past 10 Years
Min: 0.62   Med: 1.16   Max: 6.06
Current: 0.9

During the past 13 years, Pax Global Technology's highest PB Ratio was 6.06. The lowest was 0.62. And the median was 1.16.

HKSE:00327's PB Ratio is ranked better than
81.56% of 2934 companies
in the Industrial Products industry
Industry Median: 1.92 vs HKSE:00327: 0.90

During the past 12 months, Pax Global Technology's average Book Value Per Share Growth Rate was 8.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 10.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 13.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 13.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Pax Global Technology was 45.00% per year. The lowest was 10.80% per year. And the median was 15.00% per year.

Back to Basics: PB Ratio


Pax Global Technology PB Ratio Historical Data

The historical data trend for Pax Global Technology'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.

Pax Global Technology PB Ratio Chart

Pax Global Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.84 1.35 0.93 1.05 0.87

Pax Global Technology 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.93 0.97 1.05 0.88 0.87

Competitive Comparison of Pax Global Technology's PB Ratio

For the Business Equipment & Supplies subindustry, Pax Global Technology'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.


Pax Global Technology's PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Pax Global Technology's PB Ratio distribution charts can be found below:

* The bar in red indicates where Pax Global Technology's PB Ratio falls into.



Pax Global Technology 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.

Pax Global Technology's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=6.30/6.969
=0.90

* 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.

It can also be calculated from the numbers for the whole company:

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.


Pax Global Technology  (HKSE:00327) 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.


Pax Global Technology PB Ratio Related Terms

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Pax Global Technology (HKSE:00327) Business Description

Traded in Other Exchanges
Address
30 Harbour Road, 25th Floor, Room 2504, Sun Hung Kai Centre, Wanchai, Hong Kong, HKG
Pax Global Technology Ltd sells a variety of electronic payment devices. The company's products can be organized into three categories based on product type. The E-payment terminals, which generate the majority of revenue, are wireless handheld devices that enable users to pay through the swipe through or insert of a credit or debit card. The E-payment terminals are used by restaurants and retailers. The consumer activated devices are used to support a variety of connection options for the E-payment terminals. Contactless devices enable users to pay without having to swipe or insert a card.

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