Shiyue Daotian Group Co (HKSE:09676) PB Ratio : 6.61 (As of May. 13, 2024)

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What is Shiyue Daotian Group Co 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 (2024-05-13), Shiyue Daotian Group Co's share price is HK$22.90. Shiyue Daotian Group Co's Book Value per Share for the quarter that ended in Dec. 2023 was HK$3.47. Hence, Shiyue Daotian Group Co's PB Ratio of today is 6.61.

Good Sign:

Shiyue Daotian Group Co Ltd stock PB Ratio (=6.06) is close to 1-year low of 5.57

The historical rank and industry rank for Shiyue Daotian Group Co's PB Ratio or its related term are showing as below:

HKSE:09676' s PB Ratio Range Over the Past 10 Years
Min: 5.57 Med: 6.35 Max: 7.59
Current: 6.6

During the past 4 years, Shiyue Daotian Group Co's highest PB Ratio was 7.59. The lowest was 5.57. And the median was 6.35.

HKSE:09676's PB Ratio is ranked worse than
93.17% of 1802 companies
in the Consumer Packaged Goods industry
Industry Median: 1.535 vs HKSE:09676: 6.60

During the past 3 years, the average Book Value Per Share Growth Rate was 122.60% per year.

During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Shiyue Daotian Group Co was 122.60% per year. The lowest was 122.60% per year. And the median was 122.60% per year.

Back to Basics: PB Ratio

Shiyue Daotian Group Co PB Ratio Historical Data

The historical data trend for Shiyue Daotian Group Co'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.

Shiyue Daotian Group Co PB Ratio Chart

Shiyue Daotian Group Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

PB Ratio

7.72

Shiyue Daotian Group Co Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23
PB Ratio	-	-	-	7.72

Competitive Comparison of Shiyue Daotian Group Co's PB Ratio

For the Packaged Foods subindustry, Shiyue Daotian Group 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.

Shiyue Daotian Group Co's PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shiyue Daotian Group Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Shiyue Daotian Group Co's PB Ratio falls into.

Shiyue Daotian Group Co 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.

Shiyue Daotian Group Co's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	22.90	/	3.465
	=	6.61

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.

Shiyue Daotian Group Co (HKSE:09676) 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.

Shiyue Daotian Group Co PB Ratio Related Terms

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Shiyue Daotian Group Co (HKSE:09676) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Shiyue Daotian Group Co Ltd (HKSE:09676) » Definitions » PB Ratio

Traded in Other Exchanges

N/A

Address

2nd Floor, Building A, Yisha Wenxin Plaza, Chaoyang, Beijing, CHN

Website

https://www.shiyuedaotian.com

Shiyue Daotian Group Co Ltd is one of China's leading and rapidly growing pantry staple food companies, enjoying a robust multichannel brand presence. It has been dedicated to providing its consumers with pre-packaged premium rice, whole grain, bean, and dried food products.

Shiyue Daotian Group Co (HKSE:09676) Headlines

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