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Dare Power Dekor Home Co (SZSE:000910) PB Ratio : 0.56 (As of May. 03, 2024)


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What is Dare Power Dekor Home 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 (2024-05-03), Dare Power Dekor Home Co's share price is ¥6.88. Dare Power Dekor Home Co's Book Value per Share for the quarter that ended in Mar. 2024 was ¥12.19. Hence, Dare Power Dekor Home Co's PB Ratio of today is 0.56.

Good Sign:

Dare Power Dekor Home Co Ltd stock PB Ratio (=0.56) is close to 10-year low of 0.53

The historical rank and industry rank for Dare Power Dekor Home Co's PB Ratio or its related term are showing as below:

SZSE:000910' s PB Ratio Range Over the Past 10 Years
Min: 0.53   Med: 1.42   Max: 5
Current: 0.56

During the past 13 years, Dare Power Dekor Home Co's highest PB Ratio was 5.00. The lowest was 0.53. And the median was 1.42.

SZSE:000910's PB Ratio is ranked better than
72.79% of 283 companies
in the Forest Products industry
Industry Median: 0.97 vs SZSE:000910: 0.56

During the past 12 months, Dare Power Dekor Home Co's average Book Value Per Share Growth Rate was 4.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 6.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 9.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 12.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Dare Power Dekor Home Co was 67.20% per year. The lowest was -1.00% per year. And the median was 7.30% per year.

Back to Basics: PB Ratio


Dare Power Dekor Home Co PB Ratio Historical Data

The historical data trend for Dare Power Dekor Home 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.

Dare Power Dekor Home Co PB Ratio Chart

Dare Power Dekor Home 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 1.53 1.36 1.20 0.72 0.65

Dare Power Dekor Home 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 0.78 0.66 0.66 0.65 0.59

Competitive Comparison of Dare Power Dekor Home Co's PB Ratio

For the Lumber & Wood Production subindustry, Dare Power Dekor Home 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.


Dare Power Dekor Home Co's PB Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Dare Power Dekor Home Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Dare Power Dekor Home Co's PB Ratio falls into.



Dare Power Dekor Home 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.

Dare Power Dekor Home Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=6.88/12.187
=0.56

* 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.


Dare Power Dekor Home Co  (SZSE:000910) 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.


Dare Power Dekor Home Co PB Ratio Related Terms

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


Dare Power Dekor Home Co (SZSE:000910) Business Description

Traded in Other Exchanges
N/A
Address
No. 99 Qiliang Road, Daya Industrial Park, Economic Development Zone, Jiangsu Province, Danyang, CHN, 212310
Dare Power Dekor Home Co Ltd provides plywood and flooring materials in China. Geographically operates through China, however, it distributes its product in both Chinese and overseas market.

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