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Xiamen Voke Mold & Plastic Engineering Co (SZSE:301196) PB Ratio : 1.37 (As of Oct. 31, 2024)


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What is Xiamen Voke Mold & Plastic Engineering 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 (2024-10-31), Xiamen Voke Mold & Plastic Engineering Co's share price is ¥33.85. Xiamen Voke Mold & Plastic Engineering Co's Book Value per Share for the quarter that ended in Jun. 2024 was ¥24.67. Hence, Xiamen Voke Mold & Plastic Engineering Co's PB Ratio of today is 1.37.

The historical rank and industry rank for Xiamen Voke Mold & Plastic Engineering Co's PB Ratio or its related term are showing as below:

SZSE:301196' s PB Ratio Range Over the Past 10 Years
Min: 1.06   Med: 1.44   Max: 4.72
Current: 1.37

During the past 7 years, Xiamen Voke Mold & Plastic Engineering Co's highest PB Ratio was 4.72. The lowest was 1.06. And the median was 1.44.

SZSE:301196's PB Ratio is ranked better than
66.96% of 2930 companies
in the Industrial Products industry
Industry Median: 2.04 vs SZSE:301196: 1.37

During the past 12 months, Xiamen Voke Mold & Plastic Engineering Co's average Book Value Per Share Growth Rate was 4.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 35.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 32.40% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Xiamen Voke Mold & Plastic Engineering Co was 43.70% per year. The lowest was 18.90% per year. And the median was 27.70% per year.

Back to Basics: PB Ratio


Xiamen Voke Mold & Plastic Engineering Co PB Ratio Historical Data

The historical data trend for Xiamen Voke Mold & Plastic Engineering 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 Voke Mold & Plastic Engineering Co PB Ratio Chart

Xiamen Voke Mold & Plastic Engineering Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial - - - 1.41 1.39

Xiamen Voke Mold & Plastic Engineering Co Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 1.43 1.42 1.39 1.20 1.20

Competitive Comparison of Xiamen Voke Mold & Plastic Engineering Co's PB Ratio

For the Metal Fabrication subindustry, Xiamen Voke Mold & Plastic Engineering 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 Voke Mold & Plastic Engineering Co's PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Xiamen Voke Mold & Plastic Engineering Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Xiamen Voke Mold & Plastic Engineering Co's PB Ratio falls into.



Xiamen Voke Mold & Plastic Engineering 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 Voke Mold & Plastic Engineering Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2024)
=33.85/24.67
=1.37

* 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.


Xiamen Voke Mold & Plastic Engineering Co  (SZSE:301196) 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 Voke Mold & Plastic Engineering Co PB Ratio Related Terms

Thank you for viewing the detailed overview of Xiamen Voke Mold & Plastic Engineering Co's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Xiamen Voke Mold & Plastic Engineering Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1152 and No. 1154, Chunguang Road, 1st Floor, Industrial Zone, Torch High-tech Zone, Fujian Province, Xiamen, CHN, 361101
Xiamen Voke Mold & Plastic Engineering Co Ltd is engaged in the research and development, design, manufacturing and sales of precision injection molds.

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