The Price/Book of Zall Group Ltd. is 0.30
Price to book ratio represents the ratio between a company’s stock value and the book value per share.
mrq (most recent quarter)
The price to book ratio, or P/B ratio, is a financial ratio used to compare a company's current market price to its book value. It is also sometimes known as a market to book ratio or price to equity ratio. The calculation of a price to book ratio can be performed in two ways. It can be calculated as the company's market capitalization divided by the company's total book value from its balance sheet. It can also be calculated using per-share values and dividing a company's current share price by the book value per share (i.e. its book value divided by the number of outstanding shares).
The P/B ratio varies between industries. The industries that require more infrastructure capital (for each dollar of profit) will usually trade at P/B ratios much lower than, for example, consulting firms. P/B ratios are commonly used to compare banks, because most assets and liabilities of banks are constantly valued at market values. A higher P/B ratio implies that investors expect management to create more value from a given set of assets, all else equal (and/or that the market value of the firm's assets is significantly higher than their accounting value).
P/B ratios do not, however, directly provide any information on the ability of the firm to generate profits or cash for shareholders. This ratio also gives some idea of whether an investor is paying too much for what would be left if the company went bankrupt immediately. For companies in distress, the book value is usually calculated without the intangible assets that would have no resale value. In such cases, P/B should also be calculated on a "diluted" basis, because stock options may well vest on sale of the company or change of control or firing of management.
Zall Smart Commerce Group Ltd., an investment holding company, engages in the supply chain management and trading activities in the People's Republic of China, Singapore, and internationally. It operates through two segments, Property Development and Related Services; and Supply Chain Management and Trading. The company develops, sells, and operates properties. Its properties comprise retail units, residential apartments, warehousing and logistic units, e-commerce malls, and wholesale shopping malls. In addition, the company trades in agricultural products, chemical materials, plastic raw materials, consumer goods, black and non-ferrous metals, etc., as well as provides financial services, and trading related supply chain finance services. Further, it engages in supply chain management and trading business; and provision of e-commerce services, as well as warehousing and logistics services for the online and offline customers. The company was formerly known as Zall Group Ltd. and changed its name to Zall Smart Commerce Group Ltd. in June 2018. The company was founded in 1996 and is headquartered in Wuhan, the People's Republic of China. Zall Smart Commerce Group Ltd. is a subsidiary of Zall Development Investment Company Limited.