Yincheng Life Service Co (HKSE:01922) PB Ratio : 1.03 (As of May. 27, 2024)

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What is Yincheng Life Service Co 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), Yincheng Life Service Co's share price is HK$1.86. Yincheng Life Service Co's Book Value per Share for the quarter that ended in Dec. 2023 was HK$1.81. Hence, Yincheng Life Service Co's PB Ratio of today is 1.03.

Good Sign:

Yincheng Life Service Co Ltd stock PB Ratio (=1.03) is close to 5-year low of 0.94

The historical rank and industry rank for Yincheng Life Service Co's PB Ratio or its related term are showing as below:

HKSE:01922' s PB Ratio Range Over the Past 10 Years
Min: 0.94 Med: 3.13 Max: 16.95
Current: 1.03

During the past 8 years, Yincheng Life Service Co's highest PB Ratio was 16.95. The lowest was 0.94. And the median was 3.13.

HKSE:01922's PB Ratio is ranked worse than
61.41% of 1757 companies
in the Real Estate industry
Industry Median: 0.82 vs HKSE:01922: 1.03

During the past 12 months, Yincheng Life Service Co's average Book Value Per Share Growth Rate was 33.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 33.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 41.60% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Yincheng Life Service Co was 56.00% per year. The lowest was 33.10% per year. And the median was 49.40% per year.

Back to Basics: PB Ratio

Yincheng Life Service Co PB Ratio Historical Data

The historical data trend for Yincheng Life Service Co'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.

Yincheng Life Service Co PB Ratio Chart

Yincheng Life Service Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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2.99

5.86

3.36

2.10

1.10

Yincheng Life Service Co Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial								3.36	2.89	2.10	1.07	1.10

Competitive Comparison of Yincheng Life Service Co's PB Ratio

For the Real Estate Services subindustry, Yincheng Life Service Co'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.

Yincheng Life Service Co's PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Yincheng Life Service Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Yincheng Life Service Co's PB Ratio falls into.

Yincheng Life Service Co 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.

Yincheng Life Service Co's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	1.86	/	1.814
	=	1.03

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.

Yincheng Life Service Co (HKSE:01922) 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.

Yincheng Life Service Co PB Ratio Related Terms

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

Yincheng Life Service Co (HKSE:01922) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Yincheng Life Service Co Ltd (HKSE:01922) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

289 Jiangdong Avenue North, 5th Floor, Block A Yincheng Plaza, Jiangsu Province, Nanjing, CHN

Website

http://www.yinchenglife.hk

Yincheng Life Service Co Ltd is a property management service provider. It provides diversified property management services and value-added services for living communities. The business covers a wide range of properties, including residential and non-residential properties such as government facilities, financial institutions, property sales offices, hospitals, commercial complex, parks, highway service areas.

Executives

First Beijing Investment Limited	2102 Investment manager
Silver Huang Holding Limited	2101 Beneficial owner
Huang Qingping	2201 Interest of corporation controlled by you
Hongkong Ruihua Investment Management Limited	2101 Beneficial owner
Zhang Jianbin	2201 Interest of corporation controlled by you
Jiang Su Rui Hua Tou Zi Kong Gu Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Silver Zhu Holding Limited	2101 Beneficial owner
Zhu Linnan	2201 Interest of corporation controlled by you

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