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Lijiang Yulong Tourism Co (SZSE:002033) PB Ratio : 2.16 (As of May. 16, 2024)


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What is Lijiang Yulong Tourism 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 (2024-05-16), Lijiang Yulong Tourism Co's share price is ¥10.07. Lijiang Yulong Tourism Co's Book Value per Share for the quarter that ended in Mar. 2024 was ¥4.66. Hence, Lijiang Yulong Tourism Co's PB Ratio of today is 2.16.

The historical rank and industry rank for Lijiang Yulong Tourism Co's PB Ratio or its related term are showing as below:

SZSE:002033' s PB Ratio Range Over the Past 10 Years
Min: 1.16   Med: 2.1   Max: 4.79
Current: 2.16

During the past 13 years, Lijiang Yulong Tourism Co's highest PB Ratio was 4.79. The lowest was 1.16. And the median was 2.10.

SZSE:002033's PB Ratio is ranked worse than
57.78% of 758 companies
in the Travel & Leisure industry
Industry Median: 1.745 vs SZSE:002033: 2.16

During the past 12 months, Lijiang Yulong Tourism Co's average Book Value Per Share Growth Rate was 3.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -0.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -0.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 4.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Lijiang Yulong Tourism Co was 43.00% per year. The lowest was -1.80% per year. And the median was 13.50% per year.

Back to Basics: PB Ratio


Lijiang Yulong Tourism Co PB Ratio Historical Data

The historical data trend for Lijiang Yulong Tourism 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.

Lijiang Yulong Tourism Co PB Ratio Chart

Lijiang Yulong Tourism Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.34 1.37 1.41 2.75 1.77

Lijiang Yulong Tourism Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.45 2.49 2.06 1.77 2.16

Competitive Comparison of Lijiang Yulong Tourism Co's PB Ratio

For the Lodging subindustry, Lijiang Yulong Tourism 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.


Lijiang Yulong Tourism Co's PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Lijiang Yulong Tourism Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Lijiang Yulong Tourism Co's PB Ratio falls into.



Lijiang Yulong Tourism 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.

Lijiang Yulong Tourism Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=10.07/4.661
=2.16

* 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.


Lijiang Yulong Tourism Co  (SZSE:002033) 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.


Lijiang Yulong Tourism Co PB Ratio Related Terms

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Lijiang Yulong Tourism Co (SZSE:002033) Business Description

Traded in Other Exchanges
N/A
Address
No. 760, Xianggeli Avenue, Lijiang Yulong Tourism Building, Gucheng District, Yunnan Province, Lijiang, CHN, 674100
Lijiang Yulong Tourism Co Ltd is a comprehensive tourism group enterprise. It generally covers ropeway services, eco-car transportation, tourism souvenir development, hotel services, cultural performances, catering services, travel agencies and research and development of biological resources. Further, it is also involved in providing cableway services and other ancillary services. Geographically, the activities are carried out through the region of China.

Lijiang Yulong Tourism Co (SZSE:002033) Headlines

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