Golden Heaven Group Holdings (Golden Heaven Group Holdings) PB Ratio : 0.22 (As of May. 11, 2024)

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What is Golden Heaven Group 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 (2024-05-11), Golden Heaven Group Holdings's share price is $0.2652. Golden Heaven Group Holdings's Book Value per Share for the quarter that ended in Sep. 2023 was $1.18. Hence, Golden Heaven Group Holdings's PB Ratio of today is 0.22.

Good Sign:

Golden Heaven Group Holdings Ltd stock PB Ratio (=0.22) is close to 2-year low of 0.2

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

GDHG' s PB Ratio Range Over the Past 10 Years
Min: 0.2 Med: 3.71 Max: 20.13
Current: 0.22

During the past 4 years, Golden Heaven Group Holdings's highest PB Ratio was 20.13. The lowest was 0.20. And the median was 3.71.

GDHG's PB Ratio is ranked better than
95.39% of 759 companies
in the Travel & Leisure industry
Industry Median: 1.78 vs GDHG: 0.22

During the past 12 months, Golden Heaven Group Holdings's average Book Value Per Share Growth Rate was 23.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 34.80% per year.

During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Golden Heaven Group Holdings was 34.80% per year. The lowest was 34.80% per year. And the median was 34.80% per year.

Back to Basics: PB Ratio

Golden Heaven Group Holdings PB Ratio Historical Data

The historical data trend for Golden Heaven Group 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.

Golden Heaven Group Holdings PB Ratio Chart

Golden Heaven Group Holdings Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

PB Ratio

6.68

Golden Heaven Group Holdings Semi-Annual Data
	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
PB Ratio	Get a 7-Day Free Trial			-	-	-	-	6.68

Competitive Comparison of Golden Heaven Group Holdings's PB Ratio

For the Leisure subindustry, Golden Heaven Group 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.

Golden Heaven Group Holdings's PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Golden Heaven Group Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where Golden Heaven Group Holdings's PB Ratio falls into.

Golden Heaven Group 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.

Golden Heaven Group Holdings's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2023)
	=	0.2652	/	1.18
	=	0.22

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.

Golden Heaven Group Holdings (NAS:GDHG) 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.

Golden Heaven Group Holdings PB Ratio Related Terms

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Golden Heaven Group Holdings (Golden Heaven Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Golden Heaven Group Holdings Ltd (NAS:GDHG) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8 Banhouhaichuan Road, Xiqin Town, Yanping District, Fujian Province, Nanping City, CHN, 353001

Website

http://www.jsyoule.com

Golden Heaven Group Holdings Ltd is an offshore holding company. Through the operating entities in China, It manages and operates six properties consisting of amusement parks, water parks, and complementary recreational facilities. The parks offer a broad selection of exhilarating and recreational experiences, including both thrilling and family-friendly rides, water attractions, gourmet festivals, circus performances, and high-tech facilities. The parks collectively contain nearly 159 rides and attractions. The firm's revenue is primarily generated from selling access to rides and attractions, charging fees for special event rentals, and collecting regular rental payments from commercial tenants.