Binhai Investment Co (HKSE:02886) PB Ratio : 0.80 (As of May. 12, 2024)

View and export this data going back to 2000. Start your Free Trial

What is Binhai Investment 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 (2024-05-12), Binhai Investment Co's share price is HK$1.20. Binhai Investment Co's Book Value per Share for the quarter that ended in Dec. 2023 was HK$1.51. Hence, Binhai Investment Co's PB Ratio of today is 0.80.

Good Sign:

Binhai Investment Co Ltd stock PB Ratio (=0.8) is close to 5-year low of 0.78

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

HKSE:02886' s PB Ratio Range Over the Past 10 Years
Min: 0.71 Med: 1.67 Max: 11.08
Current: 0.8

During the past 13 years, Binhai Investment Co's highest PB Ratio was 11.08. The lowest was 0.71. And the median was 1.67.

HKSE:02886's PB Ratio is ranked better than
78.36% of 513 companies
in the Utilities - Regulated industry
Industry Median: 1.44 vs HKSE:02886: 0.80

During the past 12 months, Binhai Investment Co's average Book Value Per Share Growth Rate was 2.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 8.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 16.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 10.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Binhai Investment Co was 70.20% per year. The lowest was -15.30% per year. And the median was 10.40% per year.

Back to Basics: PB Ratio

Binhai Investment Co PB Ratio Historical Data

The historical data trend for Binhai Investment 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.

Binhai Investment Co PB Ratio Chart

Binhai Investment Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

Get a 7-Day Free Trial

1.82

1.01

1.09

1.07

0.96

Binhai Investment Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial															1.09	1.07	1.07	1.19	0.96

Competitive Comparison of Binhai Investment Co's PB Ratio

For the Utilities - Regulated Gas subindustry, Binhai Investment 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.

Binhai Investment Co's PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Binhai Investment Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Binhai Investment Co's PB Ratio falls into.

Binhai Investment 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.

Binhai Investment Co's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	1.20	/	1.507
	=	0.80

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.

Binhai Investment Co (HKSE:02886) 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.

Binhai Investment Co PB Ratio Related Terms

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

Binhai Investment Co (HKSE:02886) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Binhai Investment Co Ltd (HKSE:02886) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

WS7A:Germany

Address

1 Matheson Street, Causeway Bay, Suites 3205-07, 32nd Floor, Tower Two, Times Square, Hong Kong, HKG

Website

https://www.binhaiinv.com

Binhai Investment Co Ltd is an investment holding company engaged in the sales of piped natural gas, construction, and gas pipeline installation service, gas passing through service, and sales of bottled natural gas. It derives a majority of its revenue from construction, and gas pipeline installation services in which the group constructs gas pipelines for its clients and connects such pipelines to the group's main gas pipeline networks and charges construction and gas pipeline installation service fees from industrial and commercial customers, property developers and property management companies.

Binhai Investment Co (HKSE:02886) Headlines

No Headlines