Sinohope Technology Holdings (HKSE:01611) PB Ratio : 4.27 (As of May. 27, 2024)

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What is Sinohope Technology Holdings 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), Sinohope Technology Holdings's share price is HK$2.85. Sinohope Technology Holdings's Book Value per Share for the quarter that ended in Sep. 2023 was HK$0.67. Hence, Sinohope Technology Holdings's PB Ratio of today is 4.27.

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

HKSE:01611' s PB Ratio Range Over the Past 10 Years
Min: 2.38 Med: 7.66 Max: 57.35
Current: 4.25

During the past 11 years, Sinohope Technology Holdings's highest PB Ratio was 57.35. The lowest was 2.38. And the median was 7.66.

HKSE:01611's PB Ratio is ranked worse than
69.38% of 2577 companies
in the Software industry
Industry Median: 2.66 vs HKSE:01611: 4.25

During the past 12 months, Sinohope Technology Holdings's average Book Value Per Share Growth Rate was 52.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 16.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 7.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 7.70% per year.

During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Sinohope Technology Holdings was 67.00% per year. The lowest was -35.80% per year. And the median was 7.85% per year.

Back to Basics: PB Ratio

Sinohope Technology Holdings PB Ratio Historical Data

The historical data trend for Sinohope Technology Holdings'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.

Sinohope Technology Holdings PB Ratio Chart

Sinohope Technology Holdings Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

PB Ratio

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9.25

10.19

9.01

8.63

2.68

Sinohope Technology Holdings Semi-Annual Data
	Sep13	Sep14	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
PB Ratio	Get a 7-Day Free Trial														9.01	8.05	8.63	-	2.68

Competitive Comparison of Sinohope Technology Holdings's PB Ratio

For the Software - Infrastructure subindustry, Sinohope Technology Holdings'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.

Sinohope Technology Holdings's PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Sinohope Technology Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where Sinohope Technology Holdings's PB Ratio falls into.

Sinohope Technology Holdings 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.

Sinohope Technology Holdings's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2023)
	=	2.85	/	0.668
	=	4.27

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.

Sinohope Technology Holdings (HKSE:01611) 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.

Sinohope Technology Holdings PB Ratio Related Terms

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

Sinohope Technology Holdings (HKSE:01611) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sinohope Technology Holdings Ltd (HKSE:01611) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Queen's Road Central, 6th Floor, 7th Floor, Unit 702-3, Central, Hong Kong, HKG

Website

https://www.sinohope.com

Sinohope Technology Holdings Ltd Formerly New Huo Technology Holdings Ltd is a digital asset and blockchain specialist company. The Company is an investment holding company and its subsidiaries are principally engaged in the provision of technology solution services, a variety of services in virtual asset ecosystem, such as asset management, trust and custodian business, cryptocurrency trading, and contract manufacturing, on electronic manufacturing services basis, of a wide range of power-related and electrical/electronic products. The company operates in three reportable segments; Virtual asset ecosystem; Provision of technology solution services and Contract manufacturing. The majority of revenue is derived from the Virtual asset ecosystem Segment.

Executives

Avenir Holdings Limited	2101 Beneficial owner
Avenir Investment Limited	2101 Beneficial owner
Shen Nan Peng	2201 Interest of corporation controlled by you
Snp China Enterprises Limited	2201 Interest of corporation controlled by you
Hsg Venture Iv Management, L.p.	2201 Interest of corporation controlled by you
Hsg Cv Iv Senior Holdco, Ltd.	2201 Interest of corporation controlled by you
Hsg Cv Iv Holdco, Ltd.	2101 Beneficial owner
Hongshan Capital Venture Fund Iv, L.p.	2201 Interest of corporation controlled by you
Hsg Holding Limited	2201 Interest of corporation controlled by you
Avenir Capital Inc.	2101 Beneficial owner
Li Lin	2201 Interest of corporation controlled by you
Du Jun	2101 Beneficial owner
Avenir Cayman Holding Limited	2101 Beneficial owner
On Chain Technology Limited	2101 Beneficial owner
Zhong Gengfa	2101 Beneficial owner

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