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Volcano Spring International Holdings (HKSE:01715) PB Ratio : 0.72 (As of May. 10, 2024)


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What is Volcano Spring International 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 (2024-05-10), Volcano Spring International Holdings's share price is HK$0.61. Volcano Spring International Holdings's Book Value per Share for the quarter that ended in Jun. 2023 was HK$0.84. Hence, Volcano Spring International Holdings's PB Ratio of today is 0.72.

Good Sign:

Volcano Spring International Holdings Ltd stock PB Ratio (=0.71) is close to 10-year low of 0.7

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

HKSE:01715' s PB Ratio Range Over the Past 10 Years
Min: 0.7   Med: 1.51   Max: 9.12
Current: 0.73

During the past 9 years, Volcano Spring International Holdings's highest PB Ratio was 9.12. The lowest was 0.70. And the median was 1.51.

HKSE:01715's PB Ratio is ranked better than
77.4% of 416 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.65 vs HKSE:01715: 0.73

During the past 12 months, Volcano Spring International Holdings's average Book Value Per Share Growth Rate was -43.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -36.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -23.90% per year.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Volcano Spring International Holdings was 88.50% per year. The lowest was -36.80% per year. And the median was 15.25% per year.

Back to Basics: PB Ratio


Volcano Spring International Holdings PB Ratio Historical Data

The historical data trend for Volcano Spring International 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.

Volcano Spring International Holdings PB Ratio Chart

Volcano Spring International Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only 1.99 1.42 2.07 1.67 1.87

Volcano Spring International Holdings Semi-Annual Data
Dec15 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 2.07 1.63 1.67 2.51 1.87

Competitive Comparison of Volcano Spring International Holdings's PB Ratio

For the Furnishings, Fixtures & Appliances subindustry, Volcano Spring International 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.


Volcano Spring International Holdings's PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Volcano Spring International Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where Volcano Spring International Holdings's PB Ratio falls into.



Volcano Spring International 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.

Volcano Spring International Holdings's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2023)
=0.61/0.842
=0.72

* 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.


Volcano Spring International Holdings  (HKSE:01715) 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.


Volcano Spring International Holdings PB Ratio Related Terms

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


Volcano Spring International Holdings (HKSE:01715) Business Description

Traded in Other Exchanges
N/A
Address
3585 Sanlu Road, West Building No. 2, Pujiang Industrial Zone, Caohejing Hi-tech Park, Shanghai, CHN, 201114
Volcano Spring International Holdings Ltd Formerly Miji International Holdings Ltd is engaged in developing, manufacturing, and selling premium kitchen appliances. Its products are Hobs and Stoves including radiant stoves and induction stoves, pots, and pans. It sells its products under the brand name Miji Design, Miji Home, and Miju Pro. It generates a majority of its revenue from the sale of Hobs and stoves (Radiant). Geographically, it generates its revenue from the People's Republic of China.

Volcano Spring International Holdings (HKSE:01715) Headlines

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