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Weili Holdings (HKSE:02372) PB Ratio : 1.30 (As of May. 25, 2024)


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What is Weili 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 (2024-05-25), Weili Holdings's share price is HK$0.39. Weili Holdings's Book Value per Share for the quarter that ended in Dec. 2023 was HK$0.30. Hence, Weili Holdings's PB Ratio of today is 1.30.

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

HKSE:02372' s PB Ratio Range Over the Past 10 Years
Min: 0.85   Med: 1.43   Max: 4.26
Current: 1.3

During the past 5 years, Weili Holdings's highest PB Ratio was 4.26. The lowest was 0.85. And the median was 1.43.

HKSE:02372's PB Ratio is ranked better than
64.29% of 42 companies
in the Tobacco Products industry
Industry Median: 2.065 vs HKSE:02372: 1.30

During the past 12 months, Weili Holdings's average Book Value Per Share Growth Rate was -3.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 25.30% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Weili Holdings was 30.50% per year. The lowest was 25.30% per year. And the median was 27.90% per year.

Back to Basics: PB Ratio


Weili Holdings PB Ratio Historical Data

The historical data trend for Weili 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.

Weili Holdings PB Ratio Chart

Weili Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
- - - 1.35 1.05

Weili Holdings Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
PB Ratio Get a 7-Day Free Trial - 1.97 1.35 1.54 1.05

Competitive Comparison of Weili Holdings's PB Ratio

For the Tobacco subindustry, Weili 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.


Weili Holdings's PB Ratio Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Weili Holdings's PB Ratio distribution charts can be found below:

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



Weili 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=0.39/0.301
=1.30

* 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.

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.


Weili Holdings  (HKSE:02372) 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.


Weili Holdings PB Ratio Related Terms

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


Weili Holdings (HKSE:02372) Business Description

Traded in Other Exchanges
N/A
Address
New Industrial Park, Hong’an County, Hubei Province, Mi’ersi Town, CHN
Weili Holdings Ltd is a cigarette wrapping paper manufacturer in China with research and development capabilities to supply customized products to customers. The company mainly supply products to cigarette packaging manufacturers operating in various provinces in China, mainly including Hubei and Henan. The products sold by the company are used in the manufacture of cigarette packaging for well-known tobacco brands in China.
Executives
Chen Weizhuang 2201 Interest of corporation controlled by you
City Ease Limited 2101 Beneficial owner
Liu Yuezhu 2202 Interest of your spouse
Enlighten East Limited 2101 Beneficial owner
Yong Ning Limited 2101 Beneficial owner
Yu Tianbing 2201 Interest of corporation controlled by you
Zhou Huaqin 2202 Interest of your spouse

Weili Holdings (HKSE:02372) Headlines

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