China Foods (HKSE:00506) PB Ratio : 1.28 (As of May. 27, 2024)

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What is China Foods 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), China Foods's share price is HK$3.02. China Foods's Book Value per Share for the quarter that ended in Dec. 2023 was HK$2.35. Hence, China Foods's PB Ratio of today is 1.28.

Good Sign:

China Foods Ltd stock PB Ratio (=1.28) is close to 1-year low of 1.17

The historical rank and industry rank for China Foods's PB Ratio or its related term are showing as below:

HKSE:00506' s PB Ratio Range Over the Past 10 Years
Min: 0.9 Med: 1.49 Max: 2.91
Current: 1.29

During the past 13 years, China Foods's highest PB Ratio was 2.91. The lowest was 0.90. And the median was 1.49.

HKSE:00506's PB Ratio is ranked better than
73.53% of 102 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 2.465 vs HKSE:00506: 1.29

During the past 12 months, China Foods's average Book Value Per Share Growth Rate was 6.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 3.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 1.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of China Foods was 19.70% per year. The lowest was -20.50% per year. And the median was -2.70% per year.

Back to Basics: PB Ratio

China Foods PB Ratio Historical Data

The historical data trend for China Foods'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.

China Foods PB Ratio Chart

China Foods Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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1.67

1.22

1.35

1.27

1.25

China Foods Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial															1.35	1.24	1.27	1.23	1.25

Competitive Comparison of China Foods's PB Ratio

For the Beverages - Non-Alcoholic subindustry, China Foods'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.

China Foods's PB Ratio Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, China Foods's PB Ratio distribution charts can be found below:

* The bar in red indicates where China Foods's PB Ratio falls into.

China Foods 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.

China Foods's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	3.02	/	2.352
	=	1.28

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

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

China Foods (HKSE:00506) 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.

China Foods PB Ratio Related Terms

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

China Foods (HKSE:00506) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » China Foods Ltd (HKSE:00506) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

CFH:Germany

Address

262 Gloucester Road, 33rd Floor, COFCO Tower, Causeway Bay, Hong Kong, HKG

Website

http://www.chinafoodsltd.com

China Foods Ltd is an investment holding company that operates in the beverage business. It offers twenty-four brands of products in eleven major types of beverages, which include sparkling drink, juice, water, milk drink, energy drink, tea, coffee, functional nutrition drink, sports drink, plant-based protein drink, and alcoholic drink. Geographically, it derives the majority of revenue from Mainland China.

Executives

Fil Limited	2201 Interest of corporation controlled by you
Pandanus Associates Inc.	2201 Interest of corporation controlled by you
Pandanus Partners L.p.	2201 Interest of corporation controlled by you
Brown Brothers Harriman & Co.	2502 Approved lending agent
The Bank Of New York Mellon Corporation	2201 Interest of corporation controlled by you

China Foods (HKSE:00506) Headlines

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