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Sichuan Shengda Forestry Industry Co (SZSE:002259) PB Ratio : 8.04 (As of May. 27, 2024)


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What is Sichuan Shengda Forestry Industry 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 (2024-05-27), Sichuan Shengda Forestry Industry Co's share price is ¥2.66. Sichuan Shengda Forestry Industry Co's Book Value per Share for the quarter that ended in Mar. 2024 was ¥0.33. Hence, Sichuan Shengda Forestry Industry Co's PB Ratio of today is 8.04.

The historical rank and industry rank for Sichuan Shengda Forestry Industry Co's PB Ratio or its related term are showing as below:

SZSE:002259' s PB Ratio Range Over the Past 10 Years
Min: 0.93   Med: 5.28   Max: 56.33
Current: 8.06

During the past 13 years, Sichuan Shengda Forestry Industry Co's highest PB Ratio was 56.33. The lowest was 0.93. And the median was 5.28.

SZSE:002259's PB Ratio is ranked worse than
94.73% of 987 companies
in the Oil & Gas industry
Industry Median: 1.24 vs SZSE:002259: 8.06

During the past 12 months, Sichuan Shengda Forestry Industry Co's average Book Value Per Share Growth Rate was 0.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 61.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -21.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -22.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Sichuan Shengda Forestry Industry Co was 61.10% per year. The lowest was -67.20% per year. And the median was 9.30% per year.

Back to Basics: PB Ratio


Sichuan Shengda Forestry Industry Co PB Ratio Historical Data

The historical data trend for Sichuan Shengda Forestry Industry 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.

Sichuan Shengda Forestry Industry Co PB Ratio Chart

Sichuan Shengda Forestry Industry 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 6.98 41.54 24.14 10.25 10.52

Sichuan Shengda Forestry Industry 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 10.82 10.17 9.20 10.52 10.24

Competitive Comparison of Sichuan Shengda Forestry Industry Co's PB Ratio

For the Oil & Gas Integrated subindustry, Sichuan Shengda Forestry Industry 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.


Sichuan Shengda Forestry Industry Co's PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Sichuan Shengda Forestry Industry Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Sichuan Shengda Forestry Industry Co's PB Ratio falls into.



Sichuan Shengda Forestry Industry 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.

Sichuan Shengda Forestry Industry Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=2.66/0.331
=8.04

* 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.


Sichuan Shengda Forestry Industry Co  (SZSE:002259) 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.


Sichuan Shengda Forestry Industry Co PB Ratio Related Terms

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


Sichuan Shengda Forestry Industry Co (SZSE:002259) Business Description

Traded in Other Exchanges
N/A
Address
No. 42 Donghua Main Street, Jinjiang District, Chengdu, Sichuan, CHN, 610016
Sichuan Shengda Forestry Industry Co Ltd operates in the development of clean energy business. The company is engaged in the upstream which include exploration and mining, midstream which includes processing and logistics, and downstream which include application and distribution. The business segments of the company include LNG production and sales, town cooperation, LNG logistics, gas station, and peaking station.
Executives
Yan Jing Sheng Supervisors
Xiang Zhong Hua Directors, executives
Zhang Chang Lin Supervisors
Jiang Chang Zheng Director
Dong Jing Tao Director
Cai Chun Director
Zhu Hong Yao Executives

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