Innovax Holdings Ltd
HKEX:2680
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P/B
Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.
Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.
Valuation Scenarios
If P/B returns to its 3-Year Average (0.4), the stock would be worth HK$1.41 (87% downside from current price).
| Scenario | P/B Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 3.1 | HK$10.69 |
0%
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| 3-Year Average | 0.4 | HK$1.41 |
-87%
|
| 5-Year Average | 0.4 | HK$1.46 |
-86%
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| Industry Average | 0.9 | HK$2.98 |
-72%
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| Country Average | 0.8 | HK$2.64 |
-75%
|
Forward P/B
Today’s price vs future total equity
Peer Comparison
| Market Cap | P/B | P/E | ||||
|---|---|---|---|---|---|---|
| HK |
|
Innovax Holdings Ltd
HKEX:2680
|
641.4m HKD | 3.1 | 109.1 | |
| US |
|
Morgan Stanley
NYSE:MS
|
296.1B USD | 2.7 | 16.9 | |
| US |
|
Goldman Sachs Group Inc
NYSE:GS
|
267.1B USD | 2.2 | 15.6 | |
| EG |
|
EFG Hermes Holdings SAE
LSE:EFGD
|
167.9B USD | 257.7 | 2 248.9 | |
| US |
|
Charles Schwab Corp
NYSE:SCHW
|
160.3B USD | 3.2 | 17.8 | |
| US |
|
Interactive Brokers Group Inc
NASDAQ:IBKR
|
130.7B USD | 23.4 | 125.9 | |
| US |
|
Robinhood Markets Inc
NASDAQ:HOOD
|
64.2B USD | 7 | 34.1 | |
| CN |
|
CITIC Securities Co Ltd
SSE:600030
|
404.6B CNY | 1.3 | 13.9 | |
| CN |
|
Guotai Junan Securities Co Ltd
SSE:601211
|
284.2B CNY | 0.9 | 10.4 | |
| US |
|
Raymond James Financial Inc
NYSE:RJF
|
30.7B USD | 2.4 | 14.3 | |
| US |
|
LPL Financial Holdings Inc
NASDAQ:LPLA
|
26.5B USD | 5 | 30.7 |
Market Distribution
| Min | 0 |
| 30th Percentile | 0.5 |
| Median | 0.8 |
| 70th Percentile | 1.3 |
| Max | 2 018.4 |
Other Multiples
Innovax Holdings Ltd
Glance View
Innovax Holdings Ltd. operates as an investment holding company. The company employs 38 full-time employees The company went IPO on 2018-09-14. The corporate finance advisory services include initial public offerings (IPO) sponsorship services, financial and independent financial advisory services and compliance advisory services, among others. In addition, the Company is also involved in the provision of placing and underwriting services, securities dealing and brokerage services, securities financing services as well as asset management services. The company provides placing and underwriting services by acting as placing or sub-placing agent for issue of new shares by listed companies; and global coordinator or bookrunner or lead manager or underwriter for IPOs of listing applicants.