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 (2024-05-10), Green Giant's share price is $0.0036. Green Giant's Book Value per Share for the quarter that ended in Dec. 2023 was $0.16. Hence, Green Giant's PB Ratio of today is 0.02.
Good Sign:
Green Giant Inc stock PB Ratio (=0.02) is close to 10-year low of 0.02
The historical rank and industry rank for Green Giant's PB Ratio or its related term are showing as below:
GGEI'
s PB Ratio Range Over the Past 10 Years
Min: 0.02 Med: 0.45 Max: 5.46
Current: 0.02
During the past 13 years, Green Giant's highest PB Ratio was 5.46. The lowest was 0.02. And the median was 0.45.
GGEI's PB Ratio is ranked better than 99.83% of 1752
companies
in the Real Estate industry
Industry Median: 0.81
vs GGEI: 0.02
During the past 12 months, Green Giant's average Book Value Per Share Growth Rate was -92.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -66.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -42.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -14.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Green Giant was 111.50% per year. The lowest was -66.50% per year. And the median was 16.00% per year.
Back to Basics: PB Ratio
Green Giant PB Ratio Historical Data
The historical data trend for Green Giant'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.
For the Real Estate - Development subindustry, Green Giant'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.
Green Giant's PB Ratio Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, Green Giant's PB Ratio distribution charts can be found below:
* The bar in red indicates where Green Giant's PB Ratio falls into.
Green Giant 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.
Green Giant's PB Ratio for today is calculated as follows:
* 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.
It can also be calculated from the numbers for the whole company:
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.
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.
Green Giant PB Ratio Related Terms
Thank you for viewing the detailed overview of Green Giant's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Green Giant Inc is engaged in real estate development buisness and green energy business. The Company engages in real estate development through the VIE, Guangsha, in mainland China, and is transitioning itself from its real estate development business to a new energy corporation. It is engaged in the construction and sale of residential apartments, car parks, and commercial properties. The company's real-estate properties include multi-layer apartment buildings, sub-high-rise apartment buildings, and high-rise apartment buildings. The project portfolios of the company are Yangzhou Pearl Garden Phase I and II, Nanyuan II Project, Mingzhu Garden, Oriental Pearl Garden, and Yangzhou Palace. Majority of the Company's revenue is derived from real estate sales.
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