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Western Securities Co (SZSE:002673) Book Value per Share : ¥6.30 (As of Mar. 2024)


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What is Western Securities Co Book Value per Share?

Western Securities Co's book value per share for the quarter that ended in Mar. 2024 was ¥6.30.

During the past 12 months, Western Securities Co's average Book Value Per Share Growth Rate was 2.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -5.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 4.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 13.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Western Securities Co was 37.10% per year. The lowest was -5.60% per year. And the median was 9.35% per year.

Western Securities Co's current price is ¥6.50. Its book value per share for the quarter that ended in Mar. 2024 was ¥6.30. Hence, today's PB Ratio of Western Securities Co is 1.03.

During the past 13 years, the highest P/B Ratio of Western Securities Co was 9.90. The lowest was 0.92. And the median was 1.89.


Western Securities Co Book Value per Share Historical Data

The historical data trend for Western Securities Co's Book Value per Share 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.

Western Securities Co Book Value per Share Chart

Western Securities Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.04 7.43 6.06 6.05 6.25

Western Securities Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Book Value per Share 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 6.13 6.16 6.19 6.25 6.30

Competitive Comparison of Western Securities Co's Book Value per Share

For the Capital Markets subindustry, Western Securities Co'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.


Western Securities Co's PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Western Securities Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Western Securities Co's PB Ratio falls into.



Western Securities Co Book Value per Share Calculation

Western Securities Co's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(27,944-0)/4,470
=6.25

Western Securities Co's Book Value Per Share for the quarter that ended in Mar. 2024 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(28,139-0)/4,470
=6.30

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


Western Securities Co  (SZSE:002673) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Western Securities Co Book Value per Share Related Terms

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Western Securities Co (SZSE:002673) Business Description

Traded in Other Exchanges
N/A
Address
No. 319, Dongxin Street, Room 10000, Building 8, Xincheng District, Shaanxi, Xian, CHN, 710004
Western Securities Co Ltd is a securities institution in northwest China. It offers securities brokerage, investment banking, asset management, securities research, and securities financing and margin services, as well as independent services. Geographically all the activities are carried out through China.
Executives
Duan Ya Lin Independent director
Huang Bin Secretary Dong
Wang Shang Gan Supervisors
Zhuang Qi Fei Director
Chen Bao Min Supervisors
Qiu Xu Dong Executives

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