CIMC Vehicles (Group) Co (HKSE:01839) PB Ratio : 0.93 (As of May. 24, 2024)

View and export this data going back to 2019. Start your Free Trial

What is CIMC Vehicles (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 (2024-05-24), CIMC Vehicles (Group) Co's share price is HK$7.46. CIMC Vehicles (Group) Co's Book Value per Share for the quarter that ended in Dec. 2023 was HK$8.03. Hence, CIMC Vehicles (Group) Co's PB Ratio of today is 0.93.

The historical rank and industry rank for CIMC Vehicles (Group) Co's PB Ratio or its related term are showing as below:

HKSE:01839' s PB Ratio Range Over the Past 10 Years
Min: 0.69 Med: 0.88 Max: 1.24
Current: 0.93

During the past 8 years, CIMC Vehicles (Group) Co's highest PB Ratio was 1.24. The lowest was 0.69. And the median was 0.88.

HKSE:01839's PB Ratio is ranked better than
73.5% of 200 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.54 vs HKSE:01839: 0.93

During the past 12 months, CIMC Vehicles (Group) Co's average Book Value Per Share Growth Rate was 14.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 6.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 9.00% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of CIMC Vehicles (Group) Co was 14.70% per year. The lowest was 4.60% per year. And the median was 12.80% per year.

Back to Basics: PB Ratio

CIMC Vehicles (Group) Co PB Ratio Historical Data

The historical data trend for CIMC Vehicles (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.

CIMC Vehicles (Group) Co PB Ratio Chart

CIMC Vehicles (Group) Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

Get a 7-Day Free Trial

0.98

1.07

0.95

0.68

0.86

CIMC Vehicles (Group) Co Quarterly Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24
PB Ratio	Get a 7-Day Free Trial												0.68	0.88	0.88	0.86	-

Competitive Comparison of CIMC Vehicles (Group) Co's PB Ratio

For the Farm & Heavy Construction Machinery subindustry, CIMC Vehicles (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.

CIMC Vehicles (Group) Co's PB Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, CIMC Vehicles (Group) Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where CIMC Vehicles (Group) Co's PB Ratio falls into.

CIMC Vehicles (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.

CIMC Vehicles (Group) Co's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	7.46	/	8.028
	=	0.93

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.

CIMC Vehicles (Group) Co (HKSE:01839) 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.

CIMC Vehicles (Group) Co PB Ratio Related Terms

Thank you for viewing the detailed overview of CIMC Vehicles (Group) Co's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

CIMC Vehicles (Group) Co (HKSE:01839) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » CIMC Vehicles (Group) Co Ltd (HKSE:01839) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

301039:China

Address

No. 2 Gangwan Avenue, Shekou Industrial Zone, Nanshan District, Guangdong, Shenzhen, CHN, 518067

Website

https://www.cimcvehiclesgroup.com

CIMC Vehicles (Group) Co Ltd is engaged in the manufacturing and sale of semi-trailers and truck bodies for specialty vehicles. The semi-trailers mainly include the following product lines, Container chassis trailers, Flatbed trailers & relevant derivative types, Curtain-side trailers, Van trailers, Refrigerated trailers, Tank trailers, and other special types of trailers. The truck body products include dump beds for dump trucks, mixers for mixer trucks, and a wide range of other truck bodies for specialty vehicles. Geographically, it operates in China, North America, Europe, and Other regions, out of which the majority is from China.

Executives

Citigroup Inc.	2502 Approved lending agent
Gic Private Limited	2102 Investment manager
China International Marine Containers (hong Kong) Limited	2101 Beneficial owner
Zhong Guo Guo Ji Hai Yun Ji Zhuang Xiang Ji Tuan Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Wang Xicheng	2201 Interest of corporation controlled by you
Shan Dong Ling Long Lun Tai Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Ling Long Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Xiang Gang Tian Cheng Tou Zi Mao Yi You Xian Gong Si	2101 Beneficial owner

CIMC Vehicles (Group) Co (HKSE:01839) Headlines

No Headlines