Power Assets Holdings Limited, an investment holding company, generates, transmits, and distributes electricity in Hong Kong, the United Kingdom, Australia, Mainland China, and internationally. It generates energy from thermal, renewable energy, and waste sources. The company also transmits and distributes oil and gas; holds property and deposits; and provides consulting, investing, trust administration, and management services. It has a generation capacity of 1,064 MW renewable energy/energy from waste, 5,214 MW gas fired, and 3,815 MW coal/oil fired; and operates 114,200 km of gas/oil pipeline, as well as 402,500 km of power network serving 19,344,000 customers. The company was formerly known as Hongkong Electric Holdings Limited and changed its name to Power Assets Holdings Limited in February 2011. Power Assets Holdings Limited was founded in 1889 and is based in Central, Hong Kong.
P/B ratio for Power Assets Holdings Limited (0006.HK)
P/B ratio as of 2023: 1.09
According to Power Assets Holdings Limited's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 1.09. At the end of 2022 the company had a P/B ratio of 1.05.
P/B ratio history for Power Assets Holdings Limited from 2008 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 1.09 |
| 2022 | 1.05 |
| 2021 | 1.20 |
| 2020 | 1.06 |
| 2019 | 1.42 |
| 2018 | 1.39 |
| 2017 | 1.48 |
| 2016 | 1.04 |
| 2015 | 1.04 |
| 2014 | 1.10 |
| 2013 | 1.59 |
| 2012 | 1.88 |
| 2011 | 1.78 |
| 2010 | 1.57 |
| 2009 | 1.45 |
| 2008 | 1.65 |