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Sinopharm Group Co (HKSE:01099) PB Ratio : 0.77 (As of Apr. 29, 2024)


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What is Sinopharm Group 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 (2024-04-29), Sinopharm Group Co's share price is HK$20.20. Sinopharm Group Co's Book Value per Share for the quarter that ended in Sep. 2023 was HK$26.14. Hence, Sinopharm Group Co's PB Ratio of today is 0.77.

Good Sign:

Sinopharm Group Co Ltd stock PB Ratio (=0.82) is close to 2-year low of 0.79

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

HKSE:01099' s PB Ratio Range Over the Past 10 Years
Min: 0.77   Med: 0.96   Max: 1.14
Current: 0.77

During the past 13 years, Sinopharm Group Co's highest PB Ratio was 1.14. The lowest was 0.77. And the median was 0.96.

HKSE:01099's PB Ratio is ranked better than
77.17% of 92 companies
in the Medical Distribution industry
Industry Median: 1.47 vs HKSE:01099: 0.77

During the past 12 months, Sinopharm Group Co's average Book Value Per Share Growth Rate was 0.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 11.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 10.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 10.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Sinopharm Group Co was 77.30% per year. The lowest was 5.90% per year. And the median was 13.75% per year.

Back to Basics: PB Ratio


Sinopharm Group Co PB Ratio Historical Data

The historical data trend for Sinopharm Group 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.

Sinopharm Group Co PB Ratio Chart

Sinopharm Group 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 1.60 0.88 0.70 0.81 0.78

Sinopharm Group Co Quarterly Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
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 - 0.81 1.00 - 0.78

Competitive Comparison of Sinopharm Group Co's PB Ratio

For the Medical Distribution subindustry, Sinopharm Group 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.


Sinopharm Group Co's PB Ratio Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Sinopharm Group Co's PB Ratio distribution charts can be found below:

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



Sinopharm Group 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2023)
=20.20/26.141
=0.77

* 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.


Sinopharm Group Co  (HKSE:01099) 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.


Sinopharm Group Co PB Ratio Related Terms

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


Sinopharm Group Co (HKSE:01099) Business Description

Traded in Other Exchanges
Address
No. 385, East Longhua Road, Sinopharm Group Building, Huangpu District, Shanghai, CHN, 200023
Sinopharm Group was founded in 2003 and listed on the Hong Kong Stock Exchange in September 2009. Its main business is drug distribution in mainland China, which contributes about 75% of total revenue. It is the largest drug distributor, with approximately 20% market share. Other notable segments are medical device distribution, which contributes about 20% of revenue, and retail pharmacies, which contributes about 5%. These are fast-growing industries, where government policy is designed to encourage consolidation and promote large players with scale and efficiency advantages.

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