Xiamen Yan Palace Birds Nest Industry Co (HKSE:01497) PB Ratio : 4.84 (As of May. 12, 2024)

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What is Xiamen Yan Palace Birds Nest 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 (2024-05-12), Xiamen Yan Palace Birds Nest Industry Co's share price is HK$8.75. Xiamen Yan Palace Birds Nest Industry Co's Book Value per Share for the quarter that ended in Dec. 2023 was HK$1.81. Hence, Xiamen Yan Palace Birds Nest Industry Co's PB Ratio of today is 4.84.

Good Sign:

Xiamen Yan Palace Birds Nest Industry Co Ltd stock PB Ratio (=4.84) is close to 1-year low of 4.76

The historical rank and industry rank for Xiamen Yan Palace Birds Nest Industry Co's PB Ratio or its related term are showing as below:

HKSE:01497' s PB Ratio Range Over the Past 10 Years
Min: 4.76 Med: 5.35 Max: 8.72
Current: 4.84

During the past 4 years, Xiamen Yan Palace Birds Nest Industry Co's highest PB Ratio was 8.72. The lowest was 4.76. And the median was 5.35.

HKSE:01497's PB Ratio is ranked worse than
88.25% of 1796 companies
in the Consumer Packaged Goods industry
Industry Median: 1.55 vs HKSE:01497: 4.84

During the past 12 months, Xiamen Yan Palace Birds Nest Industry Co's average Book Value Per Share Growth Rate was 65.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 50.70% per year.

During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Xiamen Yan Palace Birds Nest Industry Co was 50.70% per year. The lowest was 50.70% per year. And the median was 50.70% per year.

Back to Basics: PB Ratio

Xiamen Yan Palace Birds Nest Industry Co PB Ratio Historical Data

The historical data trend for Xiamen Yan Palace Birds Nest 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.

Xiamen Yan Palace Birds Nest Industry Co PB Ratio Chart

Xiamen Yan Palace Birds Nest Industry Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

PB Ratio

4.98

Xiamen Yan Palace Birds Nest Industry Co Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23
PB Ratio	-	-	-	4.98

Competitive Comparison of Xiamen Yan Palace Birds Nest Industry Co's PB Ratio

For the Packaged Foods subindustry, Xiamen Yan Palace Birds Nest 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.

Xiamen Yan Palace Birds Nest Industry Co's PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Xiamen Yan Palace Birds Nest Industry Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Xiamen Yan Palace Birds Nest Industry Co's PB Ratio falls into.

Xiamen Yan Palace Birds Nest 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.

Xiamen Yan Palace Birds Nest Industry Co's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	8.75	/	1.808
	=	4.84

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.

Xiamen Yan Palace Birds Nest Industry Co (HKSE:01497) 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.

Xiamen Yan Palace Birds Nest Industry Co PB Ratio Related Terms

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Xiamen Yan Palace Birds Nest Industry Co (HKSE:01497) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Xiamen Yan Palace Birds Nest Industry Co Ltd (HKSE:01497) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Qianpu Road, 22/F, Caizihui No. 188, Siming District, Fujian Province, Xiamen City, CHN

Website

http://www.yanzhiwu.com

Xiamen Yan Palace Birds Nest Industry Co Ltd is engaged in the development, production, and marketing of Edible bird's nest (EBN) products. It is a natural health delicacy product with various perceived health benefits and nutritional value. Its product includes One Nest, Freshly Stewed Bird's Nest, Crystal Sugar Bird's Nest, and Dried EBN.

Xiamen Yan Palace Birds Nest Industry Co (HKSE:01497) Headlines

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