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Cuong Wood - Working JSC (STC:ACG) PB Ratio : 1.52 (As of May. 27, 2024)


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What is Cuong Wood - Working JSC 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 (2024-05-27), Cuong Wood - Working JSC's share price is ₫42800.00. Cuong Wood - Working JSC's Book Value per Share for the quarter that ended in Mar. 2024 was ₫28,216.37. Hence, Cuong Wood - Working JSC's PB Ratio of today is 1.52.

Good Sign:

Cuong Wood - Working JSC stock PB Ratio (=1.47) is close to 1-year low of 1.33

The historical rank and industry rank for Cuong Wood - Working JSC's PB Ratio or its related term are showing as below:

STC:ACG' s PB Ratio Range Over the Past 10 Years
Min: 1.18   Med: 1.4   Max: 2.09
Current: 1.52

During the past 5 years, Cuong Wood - Working JSC's highest PB Ratio was 2.09. The lowest was 1.18. And the median was 1.40.

STC:ACG's PB Ratio is ranked worse than
71.02% of 283 companies
in the Forest Products industry
Industry Median: 0.97 vs STC:ACG: 1.52

During the past 12 months, Cuong Wood - Working JSC's average Book Value Per Share Growth Rate was 7.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.40% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Cuong Wood - Working JSC was 5.40% per year. The lowest was 5.00% per year. And the median was 5.20% per year.

Back to Basics: PB Ratio


Cuong Wood - Working JSC PB Ratio Historical Data

The historical data trend for Cuong Wood - Working JSC'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.

Cuong Wood - Working JSC PB Ratio Chart

Cuong Wood - Working JSC Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
- - - 1.22 1.36

Cuong Wood - Working JSC Quarterly Data
Dec19 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.38 1.49 1.49 1.36 1.42

Competitive Comparison of Cuong Wood - Working JSC's PB Ratio

For the Lumber & Wood Production subindustry, Cuong Wood - Working JSC'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.


Cuong Wood - Working JSC's PB Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Cuong Wood - Working JSC's PB Ratio distribution charts can be found below:

* The bar in red indicates where Cuong Wood - Working JSC's PB Ratio falls into.



Cuong Wood - Working JSC 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.

Cuong Wood - Working JSC's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=42800.00/28216.366
=1.52

* 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.

It can also be calculated from the numbers for the whole company:

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.


Cuong Wood - Working JSC  (STC:ACG) 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.


Cuong Wood - Working JSC PB Ratio Related Terms

Thank you for viewing the detailed overview of Cuong Wood - Working JSC's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Cuong Wood - Working JSC (STC:ACG) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
DT 747B Street, Plot 681, map sheet 05, Phuoc Hai Ward, Thai Hoa Ward,, Binh Duong Province,, Tan Uyen Town, VNM
Cuong Wood - Working JSC manufacture woodworking and decorative materials. It engages in sawing, planing and preserving wood.; Manufacture of beds, cabinets, tables, and chairs; Processing of interior decoration products; Producing plywood, veneer, plywood, and other thin boards. Its products comprise MFC, Melamine MDF, laminates, acrylic, veneer, and other by-products.

Cuong Wood - Working JSC (STC:ACG) Headlines

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