Zhengwei Group Holdings Co (HKSE:02147) PB Ratio : 0.20 (As of May. 29, 2024)

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What is Zhengwei Group Holdings 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 (2024-05-29), Zhengwei Group Holdings Co's share price is HK$0.121. Zhengwei Group Holdings Co's Book Value per Share for the quarter that ended in Dec. 2023 was HK$0.60. Hence, Zhengwei Group Holdings Co's PB Ratio of today is 0.20.

Good Sign:

Zhengwei Group Holdings Co Ltd stock PB Ratio (=0.21) is close to 2-year low of 0.2

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

HKSE:02147' s PB Ratio Range Over the Past 10 Years
Min: 0.2 Med: 1.52 Max: 7.31
Current: 0.21

During the past 5 years, Zhengwei Group Holdings Co's highest PB Ratio was 7.31. The lowest was 0.20. And the median was 1.52.

HKSE:02147's PB Ratio is ranked better than
98.01% of 1809 companies
in the Consumer Packaged Goods industry
Industry Median: 1.52 vs HKSE:02147: 0.21

During the past 12 months, Zhengwei Group Holdings Co's average Book Value Per Share Growth Rate was 65.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 35.10% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Zhengwei Group Holdings Co was 35.10% per year. The lowest was 33.40% per year. And the median was 34.25% per year.

Back to Basics: PB Ratio

Zhengwei Group Holdings Co PB Ratio Historical Data

The historical data trend for Zhengwei Group Holdings 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.

Zhengwei Group Holdings Co PB Ratio Chart

Zhengwei Group Holdings Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

0.55

Zhengwei Group Holdings Co Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial			-	-	-	2.12	0.55

Competitive Comparison of Zhengwei Group Holdings Co's PB Ratio

For the Packaged Foods subindustry, Zhengwei Group Holdings 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.

Zhengwei Group Holdings Co's PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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

Zhengwei Group Holdings 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.

Zhengwei Group Holdings Co's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	0.121	/	0.597
	=	0.20

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.

Zhengwei Group Holdings Co (HKSE:02147) 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.

Zhengwei Group Holdings Co PB Ratio Related Terms

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

Zhengwei Group Holdings Co (HKSE:02147) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Zhengwei Group Holdings Co Ltd (HKSE:02147) » Definitions » PB Ratio

Traded in Other Exchanges

N/A

Address

487 Yuhu Road, Xiaolan Economic Development Zone, Nanchang, CHN

Website

https://www.zhengwei100.com

Zhengwei Group Holdings Co Ltd produces dry food and snacks, and secondarily trades related products. It produces and sells a variety of snacks (including ready-to-eat vegetarian snacks and meat snacks), such as crispy bamboo shoots and roast necks; and packaged dry goods such as mushrooms, dried aquatic products, seaweed, grains, and seasonings in China. The majority of revenue is derived from the Snacks segment. It has two operating segments Manufacturing & trading, out of which the majority is from the manufacturing segment. Geographically, the majority is from PRC.

Executives

Lin Qiu Yun	2101 Beneficial owner
Yang Shengyao	2201 Interest of corporation controlled by you
Shengyao Investment Group Limited	2101 Beneficial owner
Nan Chang Xian Wen Hua Lv You Tou Zi You Xian Gong Si	2101 Beneficial owner
Nan Chang Xian Ke Ji He Gong Ye Xun Xi Hua Ju	2201 Interest of corporation controlled by you
Lin Qiuyun	2201 Interest of corporation controlled by you
Trendy Peak International Limited	2101 Beneficial owner
Prosperous Season Group Limited	2101 Beneficial owner
Best Talent Venture Holdings Limited	2101 Beneficial owner
Chang Nan Financial Control Limited	2101 Beneficial owner
Pluto Universal Holdings Limited	2101 Beneficial owner
Lei Junfeng	2201 Interest of corporation controlled by you
Li Hui	2201 Interest of corporation controlled by you
Nan Chang Shi Tong Li Qi Ye Guan Li Zhong Xin You Xian He Huo	2201 Interest of corporation controlled by you
Nan Chang Xian Chang Nan Jin Kong Ji Jin Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you

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