Shanxi Securities Co (SZSE:002500) PB Ratio : 1.03 (As of May. 23, 2024)

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What is Shanxi Securities 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 (2024-05-23), Shanxi Securities Co's share price is ¥5.12. Shanxi Securities Co's Book Value per Share for the quarter that ended in Mar. 2024 was ¥4.99. Hence, Shanxi Securities Co's PB Ratio of today is 1.03.

Good Sign:

Shanxi Securities Co Ltd stock PB Ratio (=1.05) is close to 10-year low of 0.97

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

SZSE:002500' s PB Ratio Range Over the Past 10 Years
Min: 0.97 Med: 1.82 Max: 8.56
Current: 1.03

During the past 13 years, Shanxi Securities Co's highest PB Ratio was 8.56. The lowest was 0.97. And the median was 1.82.

SZSE:002500's PB Ratio is ranked better than
59.61% of 760 companies
in the Capital Markets industry
Industry Median: 1.315 vs SZSE:002500: 1.03

During the past 12 months, Shanxi Securities Co's average Book Value Per Share Growth Rate was 1.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 5.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Shanxi Securities Co was 27.10% per year. The lowest was -4.30% per year. And the median was 5.20% per year.

Back to Basics: PB Ratio

Shanxi Securities Co PB Ratio Historical Data

The historical data trend for Shanxi Securities 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.

Shanxi Securities Co PB Ratio Chart

Shanxi Securities Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

Get a 7-Day Free Trial

1.85

1.90

1.37

1.09

Shanxi Securities 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															1.18	1.14	1.18	1.09	1.01

Competitive Comparison of Shanxi Securities Co's PB Ratio

For the Capital Markets subindustry, Shanxi Securities 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.

Shanxi Securities Co's PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Shanxi Securities Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Shanxi Securities Co's PB Ratio falls into.

Shanxi Securities 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.

Shanxi Securities Co's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Mar. 2024)
	=	5.12	/	4.99
	=	1.03

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.

Shanxi Securities Co (SZSE:002500) 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.

Shanxi Securities Co PB Ratio Related Terms

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

Shanxi Securities Co (SZSE:002500) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Shanxi Securities Co Ltd (SZSE:002500) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

69 Fuxi Street, Shanxi International Trade Center, East Tower, Taiyuan, CHN, 030002

Website

http://www.i618.com.cn

Shanxi Securities Co Ltd provides financial services in China. It primarily focuses on all securities fields, which are distributed in wealth management, asset management, investment management, investment and financing, research, futures, international business, and other including securities brokerage; securities investment consulting; financial advisors related to securities trading and securities investment activities; securities investment fund sales agency; intermediate introduction business for futures companies; margin financing and securities lending.

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