What is Towngas Smart Energy Co Book Value per Share?
Towngas Smart Energy Co's book value per share for the quarter that ended in Dec. 2023 was HK$6.84.
During the past 12 months, Towngas Smart Energy Co's average Book Value Per Share Growth Rate was 3.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -0.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 2.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 4.40% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Towngas Smart Energy Co was 83.40% per year. The lowest was -0.70% per year. And the median was 8.35% per year.
During the past 13 years, the highest P/B Ratio of Towngas Smart Energy Co was 2.12. The lowest was 0.40. And the median was 0.90.
Good Sign:
Towngas Smart Energy Co Ltd stock PB Ratio (=0.43) is close to 10-year low of 0.4
Towngas Smart Energy Co Book Value per Share Historical Data
The historical data trend for Towngas Smart Energy Co's Book Value per Share 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.
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Towngas Smart Energy Co Book Value per Share Chart
Competitive Comparison of Towngas Smart Energy Co's Book Value per Share
For the Utilities - Regulated Gas subindustry, Towngas Smart Energy 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.
Towngas Smart Energy Co's PB Ratio Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Towngas Smart Energy Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Towngas Smart Energy Co's PB Ratio falls into.
Towngas Smart Energy Co Book Value per Share Calculation
Towngas Smart Energy Co's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:
* 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.
Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.
Towngas Smart Energy Co (HKSE:01083) Book Value per Share Explanation
Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.
For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.
Towngas Smart Energy Co Book Value per Share Related Terms
Thank you for viewing the detailed overview of Towngas Smart Energy Co's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Towngas Smart Energy Co (HKSE:01083) Business Description
Towngas Smart Energy Co Ltd is an investment holding company engaged in the sales of pipe gas and other types of energy, the construction of gas pipelines, the sale of gas appliances and related products, and other value-added services in the People's Republic of China. It has three operating segments; Sales of piped gas and energy including Sales of piped gas (mainly natural gas) and other types of energy, Gas connection include Construction of gas pipeline networks under gas connection contracts, and Extended business including Sales of gas-related household appliances and related products, and other related value-added services.
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