GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Hong Lai Huat Group Ltd (SGX:CTO) » Definitions » PB Ratio

Hong Lai Huat Group (SGX:CTO) PB Ratio : 0.20 (As of May. 26, 2024)


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

What is Hong Lai Huat 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 (2024-05-26), Hong Lai Huat Group's share price is S$0.043. Hong Lai Huat Group's Book Value per Share for the quarter that ended in Dec. 2023 was S$0.21. Hence, Hong Lai Huat Group's PB Ratio of today is 0.20.

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

SGX:CTO' s PB Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.33   Max: 1.65
Current: 0.2

During the past 13 years, Hong Lai Huat Group's highest PB Ratio was 1.65. The lowest was 0.15. And the median was 0.33.

SGX:CTO's PB Ratio is ranked better than
90.83% of 1756 companies
in the Real Estate industry
Industry Median: 0.82 vs SGX:CTO: 0.20

During the past 12 months, Hong Lai Huat Group's average Book Value Per Share Growth Rate was -18.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -23.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -18.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -7.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Hong Lai Huat Group was 35.60% per year. The lowest was -23.60% per year. And the median was -6.30% per year.

Back to Basics: PB Ratio


Hong Lai Huat Group PB Ratio Historical Data

The historical data trend for Hong Lai Huat 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.

Hong Lai Huat Group PB Ratio Chart

Hong Lai Huat Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 0.22 0.35 0.26 0.26

Hong Lai Huat Group 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 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 0.35 0.29 0.26 0.25 0.26

Competitive Comparison of Hong Lai Huat Group's PB Ratio

For the Real Estate - Development subindustry, Hong Lai Huat 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.


Hong Lai Huat Group's PB Ratio Distribution in the Real Estate Industry

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

* The bar in red indicates where Hong Lai Huat Group's PB Ratio falls into.



Hong Lai Huat 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.

Hong Lai Huat Group's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=0.043/0.213
=0.20

* 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.


Hong Lai Huat Group  (SGX:CTO) 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.


Hong Lai Huat Group PB Ratio Related Terms

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


Hong Lai Huat Group (SGX:CTO) Business Description

Traded in Other Exchanges
N/A
Address
10 Bukit Batok Crescent, No 13-05, The Spire Building, Singapore, SGP, 658079
Hong Lai Huat Group Ltd is engaged in the agricultural development, cultivation, branding, and merchandising, distribution of cassava. It is also engaged in the development of commercial and residential properties. The company has three reportable segments: Agriculture division; Property development and Real estate division; and Others. The agriculture division carries on the business of agricultural development, cultivation, branding, merchandising, and distribution of cassava. The property development and real estate division, are carrying on the business of investment and prime development of commercial and residential properties. The company earns the majority of its revenue from the agriculture division.