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Henderson Far Eastome (Henderson Far Eastome) PB Ratio : 1.81 (As of May. 08, 2024)


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What is Henderson Far Eastome 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 (2024-05-08), Henderson Far Eastome's share price is $5.20. Henderson Far Eastome's Book Value per Share for the quarter that ended in Feb. 2024 was $2.87. Hence, Henderson Far Eastome's PB Ratio of today is 1.81.

The historical rank and industry rank for Henderson Far Eastome's PB Ratio or its related term are showing as below:

QQFHF' s PB Ratio Range Over the Past 10 Years
Min: 0.74   Med: 1   Max: 1.26
Current: 1.02

During the past 13 years, Henderson Far Eastome's highest PB Ratio was 1.26. The lowest was 0.74. And the median was 1.00.

QQFHF's PB Ratio is ranked worse than
62.68% of 1691 companies
in the Asset Management industry
Industry Median: 0.95 vs QQFHF: 1.02

During the past 12 months, Henderson Far Eastome's average Book Value Per Share Growth Rate was -11.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -9.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -8.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -2.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Henderson Far Eastome was 9.50% per year. The lowest was -9.60% per year. And the median was 2.25% per year.

Back to Basics: PB Ratio


Henderson Far Eastome PB Ratio Historical Data

The historical data trend for Henderson Far Eastome'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.

Henderson Far Eastome PB Ratio Chart

Henderson Far Eastome Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.19 1.31 1.26 1.54 1.84

Henderson Far Eastome Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.34 1.54 1.67 1.84 1.81

Competitive Comparison of Henderson Far Eastome's PB Ratio

For the Asset Management subindustry, Henderson Far Eastome'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.


Henderson Far Eastome's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Henderson Far Eastome's PB Ratio distribution charts can be found below:

* The bar in red indicates where Henderson Far Eastome's PB Ratio falls into.



Henderson Far Eastome 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.

Henderson Far Eastome's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Feb. 2024)
=5.20/2.867
=1.81

* 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.


Henderson Far Eastome  (GREY:QQFHF) 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.


Henderson Far Eastome PB Ratio Related Terms

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


Henderson Far Eastome (Henderson Far Eastome) Business Description

Traded in Other Exchanges
Address
201 Bishopsgate, London, GBR, EC2M 3AE
Henderson Far East Income Ltd is a closed end investment company. Its investment objective is to provide investors with a high level of dividends as well as capital appreciation over the long term, from a diversified portfolio of investments traded on the Pacific, Australasian, Japanese, and Indian stock markets. The company mainly invests in listed equities including preference shares, debt, convertible securities, warrants and other equity related securities as well as in unlisted securities which invest in collective investment schemes. It may use derivatives and other instruments to enhance income and to protect the value of the portfolio. The company's majority of its revenue comprises interest income and dividend income earned from an investment portfolio.

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