New Concepts Holdings (HKSE:02221) PB Ratio : 0.68 (As of Jun. 07, 2024)

View and export this data going back to 2014. Start your Free Trial

What is New Concepts 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 (2024-06-07), New Concepts Holdings's share price is HK$0.165. New Concepts Holdings's Book Value per Share for the quarter that ended in Sep. 2023 was HK$0.24. Hence, New Concepts Holdings's PB Ratio of today is 0.68.

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

HKSE:02221' s PB Ratio Range Over the Past 10 Years
Min: 0.35 Med: 3.84 Max: 8.51
Current: 0.69

During the past 10 years, New Concepts Holdings's highest PB Ratio was 8.51. The lowest was 0.35. And the median was 3.84.

HKSE:02221's PB Ratio is ranked better than
78.7% of 1620 companies
in the Construction industry
Industry Median: 1.2 vs HKSE:02221: 0.69

During the past 12 months, New Concepts Holdings's average Book Value Per Share Growth Rate was 31.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 7.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -24.90% per year.

During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of New Concepts Holdings was 80.50% per year. The lowest was -42.60% per year. And the median was 7.20% per year.

Back to Basics: PB Ratio

New Concepts Holdings PB Ratio Historical Data

The historical data trend for New Concepts 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.

New Concepts Holdings PB Ratio Chart

New Concepts Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

PB Ratio

Get a 7-Day Free Trial

2.04

1.32

1.61

3.10

3.03

New Concepts Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	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															4.36	3.10	1.82	3.03	2.93

Competitive Comparison of New Concepts Holdings's PB Ratio

For the Engineering & Construction subindustry, New Concepts 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.

New Concepts Holdings's PB Ratio Distribution in the Construction Industry

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

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

New Concepts 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.

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

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2023)
	=	0.165	/	0.242
	=	0.68

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.

New Concepts Holdings (HKSE:02221) 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.

New Concepts Holdings PB Ratio Related Terms

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

New Concepts Holdings (HKSE:02221) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » New Concepts Holdings Ltd (HKSE:02221) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

19 Wang Chiu Road, Kingston International Centre, Office B, 3rd Floor, Kowloon Bay, Hong Kong, HKG

Website

http://www.primeworld-china.com

New Concepts Holdings Ltd is an investment holding company. The company's operating segment includes Construction works and Environmental protection services. It generates maximum revenue from the Construction works segment. The Construction work segment is engaged in the provision of foundation works, civil engineering works, and general building works in Hong Kong. Geographically, it derives a majority of its revenue from Hong Kong and also has a presence in Mainland China.

Executives

Yuan Heng Qi Ye Guan Li Shen Zhen Ji Tuan You Xian Gong Si
Zhu Yongjun
Yuan Heng Group International Co., Limited
Lin Jiakuang
Final Destination Limited	2201 Interest of corporation controlled by you
Ding Yi Feng Holdings Group International Limited	2201 Interest of corporation controlled by you
Hong Kong Toprich Investment Limited	2101 Beneficial owner
Flying Goddess Limited	2201 Interest of corporation controlled by you
Eternity Sky Limited	2201 Interest of corporation controlled by you
Prosper Power Group Limited
Chu Shu Cheong
Jumbo Grand Enterprise Development Limited
China Investment Fund Company Limited	2201 Interest of corporation controlled by you
Flying Goddess Limited	2201 Interest of corporation controlled by you
Hong Kong Toprich Investment Limited	2101 Beneficial owner

New Concepts Holdings (HKSE:02221) Headlines

No Headlines