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Leading Holdings Group (HKSE:06999) PB Ratio : 0.11 (As of May. 27, 2024)


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What is Leading Holdings Group 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), Leading Holdings Group's share price is HK$0.26. Leading Holdings Group's Book Value per Share for the quarter that ended in Dec. 2023 was HK$2.42. Hence, Leading Holdings Group's PB Ratio of today is 0.11.

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

HKSE:06999' s PB Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.08   Max: 0.98
Current: 0.11

During the past 7 years, Leading Holdings Group's highest PB Ratio was 0.98. The lowest was 0.02. And the median was 0.08.

HKSE:06999's PB Ratio is ranked better than
95.62% of 1757 companies
in the Real Estate industry
Industry Median: 0.82 vs HKSE:06999: 0.11

During the past 12 months, Leading Holdings Group's average Book Value Per Share Growth Rate was -40.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -34.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -14.50% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Leading Holdings Group was 24.30% per year. The lowest was -34.50% per year. And the median was 2.65% per year.

Back to Basics: PB Ratio


Leading Holdings Group PB Ratio Historical Data

The historical data trend for Leading Holdings Group'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.

Leading Holdings Group PB Ratio Chart

Leading Holdings Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial - 0.66 0.48 0.12 0.08

Leading Holdings Group Semi-Annual Data
Dec17 Dec18 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 0.48 0.07 0.12 0.07 0.08

Competitive Comparison of Leading Holdings Group's PB Ratio

For the Real Estate - Development subindustry, Leading Holdings Group'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.


Leading Holdings Group's PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Leading Holdings Group's PB Ratio distribution charts can be found below:

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



Leading Holdings Group 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=0.26/2.417
=0.11

* 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.


Leading Holdings Group  (HKSE:06999) 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.


Leading Holdings Group PB Ratio Related Terms

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


Leading Holdings Group (HKSE:06999) Business Description

Traded in Other Exchanges
N/A
Address
No. 151, 2nd Tianfu Street, Leading International Finance Center, 46th Floor, Tower A, Gaoxin District, Sichuan Province, Chengdu, CHN
Leading Holdings Group Ltd is focused on the development and sale of residential and commercial properties. In addition, the group holds a portion of commercial properties for investment purpose and are engaged in the hotel management business. Further, it also provides project management services. It operates in three segments: Property development, Commercial property investment, and operations, and Hotel operations, of which the majority of its revenue comes from the Property development segment. Its operations are conducted in Mainland China.
Executives
Liu Yuhui 2201 Interest of corporation controlled by you
Chen Ao Ao 2202 Interest of your spouse
Hou Sanli 2201 Interest of corporation controlled by you
Lan Tian 2202 Interest of your spouse
Liu Ce 2201 Interest of corporation controlled by you
Liu Haowei 2201 Interest of corporation controlled by you
Liu Shan 2202 Interest of your spouse
Liu Yuqi 2202 Interest of your spouse
Long Yiqin 2201 Interest of corporation controlled by you
Wang Tao 2201 Interest of corporation controlled by you
Jin Sha Jiang Holding Limited 2101 Beneficial owner
Yue Lai Investment Limited 2101 Beneficial owner
Ling Yue Capital Holding Limited 2101 Beneficial owner
Yuan Di Capital Limited 2101 Beneficial owner

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