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Chahua Modern Housewares Co (SHSE:603615) PB Ratio : 4.55 (As of Dec. 01, 2024)


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What is Chahua Modern Housewares 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 (2024-12-01), Chahua Modern Housewares Co's share price is ¥21.87. Chahua Modern Housewares Co's Book Value per Share for the quarter that ended in Sep. 2024 was ¥4.80. Hence, Chahua Modern Housewares Co's PB Ratio of today is 4.55.

The historical rank and industry rank for Chahua Modern Housewares Co's PB Ratio or its related term are showing as below:

SHSE:603615' s PB Ratio Range Over the Past 10 Years
Min: 1.32   Med: 1.8   Max: 7.71
Current: 4.56

During the past 12 years, Chahua Modern Housewares Co's highest PB Ratio was 7.71. The lowest was 1.32. And the median was 1.80.

SHSE:603615's PB Ratio is ranked worse than
90.98% of 388 companies
in the Packaging & Containers industry
Industry Median: 1.39 vs SHSE:603615: 4.56

During the past 12 months, Chahua Modern Housewares Co's average Book Value Per Share Growth Rate was -2.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -2.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -3.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 4.00% per year.

During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Chahua Modern Housewares Co was 16.60% per year. The lowest was -4.00% per year. And the median was 6.60% per year.

Back to Basics: PB Ratio


Chahua Modern Housewares Co PB Ratio Historical Data

The historical data trend for Chahua Modern Housewares 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.

Chahua Modern Housewares Co PB Ratio Chart

Chahua Modern Housewares Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.68 2.01 1.72 1.59 3.74

Chahua Modern Housewares Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.84 3.74 3.90 2.19 3.24

Competitive Comparison of Chahua Modern Housewares Co's PB Ratio

For the Packaging & Containers subindustry, Chahua Modern Housewares 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.


Chahua Modern Housewares Co's PB Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Chahua Modern Housewares Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Chahua Modern Housewares Co's PB Ratio falls into.



Chahua Modern Housewares 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.

Chahua Modern Housewares Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=21.87/4.802
=4.55

* 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.


Chahua Modern Housewares Co  (SHSE:603615) 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.


Chahua Modern Housewares Co PB Ratio Related Terms

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


Chahua Modern Housewares Co Business Description

Traded in Other Exchanges
N/A
Address
168 Jiaokeng Road, Gushan Town, Jin'an District, Fujian Province, Fuzhou, CHN, 350014
Chahua Modern Housewares Co Ltd engages in the design, development, production, and sale of various plastic housewares in China. The firm offers kitchen products, such as lunch boxes food containers, vacuum lunch boxes, cutting boards, rice buckets, peelers, trays, fruit trays, and others; storage products, including storage boxes and drawers, shoe racks; and water bottles comprising cups, thermos, tumblers. It also provides cleaning items that include mops, cleaning pails, dustpans and brooms, brushes, cleaning rags, and others; and bathroom products consisting soap trays, bathroom racks, potty products. It also offers disposal products like fresh keeping bags, paper and plastic cups, garbage bags, hangers; and daily used items, such as basins, baskets, chairs and stools, tissue boxes.
Executives
Chen Guan Yu Director
Chen Kui Sheng Director
Lin Shi Fu Director
Chen You Mei Director
Weng Lin Yan Director
Ye Hong Qian Director
Lin Jie Director
Chen Zhi Hai Director
Tang Zhen Kun Director
Chen Ming Sheng Director

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