China Kangda Food Co (HKSE:00834) PB Ratio : 0.15 (As of May. 07, 2024)

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What is China Kangda Food 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 (2024-05-07), China Kangda Food Co's share price is HK$0.20. China Kangda Food Co's Book Value per Share for the quarter that ended in Dec. 2023 was HK$1.37. Hence, China Kangda Food Co's PB Ratio of today is 0.15.

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

HKSE:00834' s PB Ratio Range Over the Past 10 Years
Min: 0.12 Med: 0.31 Max: 2.17
Current: 0.15

During the past 13 years, China Kangda Food Co's highest PB Ratio was 2.17. The lowest was 0.12. And the median was 0.31.

HKSE:00834's PB Ratio is ranked better than
98.39% of 1796 companies
in the Consumer Packaged Goods industry
Industry Median: 1.53 vs HKSE:00834: 0.15

During the past 12 months, China Kangda Food Co's average Book Value Per Share Growth Rate was -3.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -6.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -4.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -3.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of China Kangda Food Co was 119.40% per year. The lowest was -6.30% per year. And the median was -1.00% per year.

Back to Basics: PB Ratio

China Kangda Food Co PB Ratio Historical Data

The historical data trend for China Kangda Food 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.

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China Kangda Food Co PB Ratio Chart

China Kangda Food Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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0.41

0.20

0.21

0.14

China Kangda Food Co 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															0.20	0.17	0.21	0.15	0.14

Competitive Comparison of China Kangda Food Co's PB Ratio

For the Packaged Foods subindustry, China Kangda Food 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.

China Kangda Food Co's PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, China Kangda Food Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where China Kangda Food Co's PB Ratio falls into.

China Kangda Food 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.

China Kangda Food Co's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	0.20	/	1.37
	=	0.15

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 Kangda Food Co (HKSE:00834) 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 Kangda Food Co PB Ratio Related Terms

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China Kangda Food Co (HKSE:00834) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » China Kangda Food Co Ltd (HKSE:00834) » Definitions » PB Ratio

Traded in Other Exchanges

P74:Singapore

Address

No. 8399, Binhai Boulevard, Huangdao District, Shandong Province, Qingdao City, CHN

Website

http://www.kangdafood.com

China Kangda Food Co Ltd is a diversified food manufacturing and processing group based in China. Its operating segments are the production and sale of processed food products, chilled and frozen rabbit meat, chilled and frozen chicken meat, and other products comprising chicken and rabbit meat by-products and pet food products. The key revenue is generated from the processed food products business. Geographically, the company operates in Japan, Europe, the People's Republic of China, and others. It generates a majority of its revenue from PRC.

China Kangda Food Co (HKSE:00834) Headlines

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