Wecon Holdings (HKSE:01793) PB Ratio : 0.44 (As of May. 22, 2024)

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What is Wecon 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 (2024-05-22), Wecon Holdings's share price is HK$0.15. Wecon Holdings's Book Value per Share for the quarter that ended in Sep. 2023 was HK$0.34. Hence, Wecon Holdings's PB Ratio of today is 0.44.

Good Sign:

Wecon Holdings Ltd stock PB Ratio (=0.43) is close to 10-year low of 0.39

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

HKSE:01793' s PB Ratio Range Over the Past 10 Years
Min: 0.39 Med: 0.52 Max: 3.77
Current: 0.44

During the past 8 years, Wecon Holdings's highest PB Ratio was 3.77. The lowest was 0.39. And the median was 0.52.

HKSE:01793's PB Ratio is ranked better than
87.17% of 1621 companies
in the Construction industry
Industry Median: 1.25 vs HKSE:01793: 0.44

During the past 12 months, Wecon Holdings's average Book Value Per Share Growth Rate was -1.40% 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 12.30% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Wecon Holdings was 52.50% per year. The lowest was 0.50% per year. And the median was 26.10% per year.

Back to Basics: PB Ratio

Wecon Holdings PB Ratio Historical Data

The historical data trend for Wecon 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.

Wecon Holdings PB Ratio Chart

Wecon Holdings Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

PB Ratio

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1.34

0.42

0.67

0.51

0.48

Wecon Holdings Semi-Annual Data
	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
PB Ratio	Get a 7-Day Free Trial									0.63	0.51	0.52	0.48	0.54

Competitive Comparison of Wecon Holdings's PB Ratio

For the Engineering & Construction subindustry, Wecon 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.

Wecon Holdings's PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Wecon Holdings's PB Ratio distribution charts can be found below:

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

Wecon 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.

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

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2023)
	=	0.15	/	0.343
	=	0.44

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.

Wecon Holdings (HKSE:01793) 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.

Wecon Holdings PB Ratio Related Terms

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

Wecon Holdings (HKSE:01793) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Wecon Holdings Ltd (HKSE:01793) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

244-252 Des Voeux Road Central, 18th Floor, Tung Hip Commercial Building, Hong Kong, HKG

Website

https://www.wecon.com.hk

Wecon Holdings Ltd is an investment holding company. The company's operating segment includes Building construction services and RMAA works services. The Building construction services provided by the group primarily consist of building works for new buildings, including residential, commercial, and industrial buildings. Its RMAA works services include the general upkeep, maintenance, improvement, refurbishment, alteration, and addition of existing facilities and components of buildings and their surroundings. It generates maximum revenue from the Construction contracts segment. Geographically, it derives revenue from Hong Kong.

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