Luyuan Group Holding (Cayman) (HKSE:02451) PB Ratio : 1.81 (As of May. 23, 2024)

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What is Luyuan Group Holding (Cayman) 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 (2024-05-23), Luyuan Group Holding (Cayman)'s share price is HK$7.10. Luyuan Group Holding (Cayman)'s Book Value per Share for the quarter that ended in Dec. 2023 was HK$3.92. Hence, Luyuan Group Holding (Cayman)'s PB Ratio of today is 1.81.

The historical rank and industry rank for Luyuan Group Holding (Cayman)'s PB Ratio or its related term are showing as below:

HKSE:02451' s PB Ratio Range Over the Past 10 Years
Min: 1.63 Med: 1.86 Max: 4.23
Current: 1.81

During the past 4 years, Luyuan Group Holding (Cayman)'s highest PB Ratio was 4.23. The lowest was 1.63. And the median was 1.86.

HKSE:02451's PB Ratio is ranked worse than
59.34% of 1247 companies
in the Vehicles & Parts industry
Industry Median: 1.45 vs HKSE:02451: 1.81

During the past 12 months, Luyuan Group Holding (Cayman)'s average Book Value Per Share Growth Rate was 120.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 41.10% per year.

During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Luyuan Group Holding (Cayman) was 41.10% per year. The lowest was 41.10% per year. And the median was 41.10% per year.

Back to Basics: PB Ratio

Luyuan Group Holding (Cayman) PB Ratio Historical Data

The historical data trend for Luyuan Group Holding (Cayman)'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.

Luyuan Group Holding (Cayman) PB Ratio Chart

Luyuan Group Holding (Cayman) Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

PB Ratio

1.88

Luyuan Group Holding (Cayman) Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23
PB Ratio	-	-	-	1.88

Competitive Comparison of Luyuan Group Holding (Cayman)'s PB Ratio

For the Auto Manufacturers subindustry, Luyuan Group Holding (Cayman)'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.

Luyuan Group Holding (Cayman)'s PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Luyuan Group Holding (Cayman)'s PB Ratio distribution charts can be found below:

* The bar in red indicates where Luyuan Group Holding (Cayman)'s PB Ratio falls into.

Luyuan Group Holding (Cayman) 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.

Luyuan Group Holding (Cayman)'s PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	7.10	/	3.916
	=	1.81

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.

Luyuan Group Holding (Cayman) (HKSE:02451) 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.

Luyuan Group Holding (Cayman) PB Ratio Related Terms

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Luyuan Group Holding (Cayman) (HKSE:02451) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Luyuan Group Holding (Cayman) Ltd (HKSE:02451) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 168 Shicheng Street, Jinhua Industry Zone, Zhejiang, Jinhua, CHN

Website

https://www.luyuan.cn

Luyuan Group Holding (Cayman) Ltd is an electric two-wheeled vehicle provider in mainland China, focusing on the design, research and development, manufacturing and selling of electric two-wheeled vehicles. It has built an offline sales and distribution network and embraced informatization and established online retail channels, continuously improving the penetration and coverage of its products.

Luyuan Group Holding (Cayman) (HKSE:02451) Headlines

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