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Phenix Optics Co (SHSE:600071) PB Ratio : 11.88 (As of May. 05, 2024)


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What is Phenix Optics 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 (2024-05-05), Phenix Optics Co's share price is ¥17.53. Phenix Optics Co's Book Value per Share for the quarter that ended in Mar. 2024 was ¥1.48. Hence, Phenix Optics Co's PB Ratio of today is 11.88.

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

SHSE:600071' s PB Ratio Range Over the Past 10 Years
Min: 2.06   Med: 9.06   Max: 29.9
Current: 11.88

During the past 13 years, Phenix Optics Co's highest PB Ratio was 29.90. The lowest was 2.06. And the median was 9.06.

SHSE:600071's PB Ratio is ranked worse than
94.86% of 759 companies
in the Travel & Leisure industry
Industry Median: 1.78 vs SHSE:600071: 11.88

During the past 12 months, Phenix Optics Co's average Book Value Per Share Growth Rate was -17.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -5.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -4.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -2.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Phenix Optics Co was 80.60% per year. The lowest was -13.00% per year. And the median was 2.40% per year.

Back to Basics: PB Ratio


Phenix Optics Co PB Ratio Historical Data

The historical data trend for Phenix Optics 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.

Phenix Optics Co PB Ratio Chart

Phenix Optics 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 6.52 6.30 27.83 11.36 14.73

Phenix Optics 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 11.71 11.77 10.54 14.73 12.27

Competitive Comparison of Phenix Optics Co's PB Ratio

For the Leisure subindustry, Phenix Optics 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.


Phenix Optics Co's PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Phenix Optics Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Phenix Optics Co's PB Ratio falls into.



Phenix Optics 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.

Phenix Optics Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=17.53/1.475
=11.88

* 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.


Phenix Optics Co  (SHSE:600071) 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.


Phenix Optics Co PB Ratio Related Terms

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


Phenix Optics Co (SHSE:600071) Business Description

Traded in Other Exchanges
N/A
Address
197 West Avenue, Shangrao, Jiangxi, CHN, 334000
Phenix Optics Co Ltd is engaged in the optical components processing business in China. Its principal business includes the manufacture and sales of optical lenses, optics, microscopes, metalworking, and other products. Its products are mainly used in the cameras, camera phones, projector monitoring equipment, vehicle-borne products, university education, and industrial fields. The company mainly distributes its products in domestic and overseas markets.

Phenix Optics Co (SHSE:600071) Headlines

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