CNFinance Holdings (CNFinance Holdings) PB Ratio : 0.18 (As of May. 21, 2024)

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What is CNFinance Holdings 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 (2024-05-21), CNFinance Holdings's share price is $1.50. CNFinance Holdings's Book Value per Share for the quarter that ended in Dec. 2023 was $8.19. Hence, CNFinance Holdings's PB Ratio of today is 0.18.

Good Sign:

CNFinance Holdings Ltd stock PB Ratio (=0.19) is close to 10-year low of 0.18

The historical rank and industry rank for CNFinance Holdings's PB Ratio or its related term are showing as below:

CNF' s PB Ratio Range Over the Past 10 Years
Min: 0.18 Med: 0.42 Max: 1.35
Current: 0.18

During the past 8 years, CNFinance Holdings's highest PB Ratio was 1.35. The lowest was 0.18. And the median was 0.42.

CNF's PB Ratio is ranked better than
97.12% of 1458 companies
in the Banks industry
Industry Median: 0.86 vs CNF: 0.18

During the past 12 months, CNFinance Holdings's average Book Value Per Share Growth Rate was 0.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -0.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 4.30% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of CNFinance Holdings was 46.50% per year. The lowest was -0.60% per year. And the median was 10.70% per year.

Back to Basics: PB Ratio

CNFinance Holdings PB Ratio Historical Data

The historical data trend for CNFinance Holdings'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.

CNFinance Holdings PB Ratio Chart

CNFinance Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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0.53

0.50

0.47

0.21

0.27

CNFinance Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio	Get a 7-Day Free Trial															0.21	0.30	0.36	0.47	0.27

Competitive Comparison of CNFinance Holdings's PB Ratio

For the Mortgage Finance subindustry, CNFinance Holdings'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.

CNFinance Holdings's PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, CNFinance Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where CNFinance Holdings's PB Ratio falls into.

CNFinance Holdings 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.

CNFinance Holdings's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	1.50	/	8.187
	=	0.18

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

CNFinance Holdings (NYSE:CNF) 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.

CNFinance Holdings PB Ratio Related Terms

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

CNFinance Holdings (CNFinance Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » CNFinance Holdings Ltd (NYSE:CNF) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 16 Zhujiang Dong Road, 44th Floor, Tower G, Guangdong Province, Gold Land Plaza, Tianhe District, Guangzhou, CHN, 510620

Website

https://ir.cashchina.cn

CNFinance Holdings Ltd is an equity loan service provider. It focuses on the development of small and micro-enterprises. It generates revenue in the form of interest and financing service fees on loans and interest on deposits with banks. Its primary target borrower segment is MSE owners who own real properties in Tier 1 and Tier 2 cities in China. Geographically, it has an operation in PRC.