Guoquan Food (Shanghai) Co (HKSE:02517) PB Ratio : 4.22 (As of May. 14, 2024)

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What is Guoquan Food (Shanghai) 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 (2024-05-14), Guoquan Food (Shanghai) Co's share price is HK$5.48. Guoquan Food (Shanghai) Co's Book Value per Share for the quarter that ended in Dec. 2023 was HK$1.30. Hence, Guoquan Food (Shanghai) Co's PB Ratio of today is 4.22.

Good Sign:

Guoquan Food (Shanghai) Co Ltd stock PB Ratio (=4.22) is close to 1-year low of 3.9

The historical rank and industry rank for Guoquan Food (Shanghai) Co's PB Ratio or its related term are showing as below:

HKSE:02517' s PB Ratio Range Over the Past 10 Years
Min: 3.9 Med: 5.68 Max: 8.93
Current: 4.22

During the past 4 years, Guoquan Food (Shanghai) Co's highest PB Ratio was 8.93. The lowest was 3.90. And the median was 5.68.

HKSE:02517's PB Ratio is ranked worse than
85.01% of 1801 companies
in the Consumer Packaged Goods industry
Industry Median: 1.54 vs HKSE:02517: 4.22

During the past 12 months, Guoquan Food (Shanghai) Co's average Book Value Per Share Growth Rate was 22.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 64.80% per year.

During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Guoquan Food (Shanghai) Co was 64.80% per year. The lowest was 64.80% per year. And the median was 64.80% per year.

Back to Basics: PB Ratio

Guoquan Food (Shanghai) Co PB Ratio Historical Data

The historical data trend for Guoquan Food (Shanghai) 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.

Guoquan Food (Shanghai) Co PB Ratio Chart

Guoquan Food (Shanghai) Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

PB Ratio

5.70

Guoquan Food (Shanghai) Co Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23
PB Ratio	-	-	-	5.70

Competitive Comparison of Guoquan Food (Shanghai) Co's PB Ratio

For the Packaged Foods subindustry, Guoquan Food (Shanghai) 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.

Guoquan Food (Shanghai) Co's PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Guoquan Food (Shanghai) Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Guoquan Food (Shanghai) Co's PB Ratio falls into.

Guoquan Food (Shanghai) 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.

Guoquan Food (Shanghai) Co's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	5.48	/	1.299
	=	4.22

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.

Guoquan Food (Shanghai) Co (HKSE:02517) 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.

Guoquan Food (Shanghai) Co PB Ratio Related Terms

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Guoquan Food (Shanghai) Co (HKSE:02517) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Guoquan Food (Shanghai) Co Ltd (HKSE:02517) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lane 187, Xinghong Road, Room 802, No. 3, Minhang, Shanghai, CHN

Website

http://www.zzgqsh.com

Guoquan Food (Shanghai) Co Ltd is the leading and rapidly growing home meal products brand in China. It offers a variety of ready-to-eat, ready-to-heat, ready-to-cook and prepared ingredients, with a focus on at-home hotpot and barbecue products. With a carefully curated product portfolio and an extensive network of community-based stores, it enables consumers to enjoy meals at home with convenience, affordability and tastiness. Leveraging its robust supply chain and production capabilities, The company offers a wide variety of home meal products under the Guoquan Shihui brand through a nationwide network of 9,844 retail stores in China, serving diverse dining scenarios.

Guoquan Food (Shanghai) Co (HKSE:02517) Headlines

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