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China Banking (China Banking) PB Ratio : 0.00 (As of Apr. 29, 2024)


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What is China Banking 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 (2024-04-29), China Banking's share price is $0.00. China Banking's Book Value per Share for the quarter that ended in Sep. 2023 was $9.12. Hence, China Banking's PB Ratio of today is 0.00.

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

CKGOY' s PB Ratio Range Over the Past 10 Years
Min: 0.52   Med: 0.86   Max: 2.16
Current: 0.74

During the past 13 years, China Banking's highest PB Ratio was 2.16. The lowest was 0.52. And the median was 0.86.

CKGOY's PB Ratio is ranked better than
62.48% of 1458 companies
in the Banks industry
Industry Median: 0.85 vs CKGOY: 0.74

During the past 12 months, China Banking's average Book Value Per Share Growth Rate was 6.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 11.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 10.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 8.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of China Banking was 15.30% per year. The lowest was 3.70% per year. And the median was 8.60% per year.

Back to Basics: PB Ratio


China Banking PB Ratio Historical Data

The historical data trend for China Banking'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 Banking PB Ratio Chart

China Banking Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
PB Ratio
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China Banking Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Competitive Comparison of China Banking's PB Ratio

For the Banks - Regional subindustry, China Banking'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 Banking's PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, China Banking's PB Ratio distribution charts can be found below:

* The bar in red indicates where China Banking's PB Ratio falls into.



China Banking 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 Banking's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2023)
=0.00/9.117
=0.00

* 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.


China Banking  (OTCPK:CKGOY) 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 Banking PB Ratio Related Terms

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


China Banking (China Banking) Business Description

Traded in Other Exchanges
Address
8745 Paseo de Roxas corner Villar Street, 15th Floor, China Bank Building, Makati City, PHL, 1226
China Banking Corp is a commercial bank engaged in corporate and SME lending, retail loans including mortgage and auto loans, treasury and foreign exchange trading, trust and investment management, wealth management, cash management, and insurance products. The group has five business segments namely, Institutional Banking, Consumer Banking, Retail Banking Business, Financial Markets, and Others which include credit management, thrift banking business, operations and financial control, and other support services. The majority of the company's revenue comes from the Retail Banking Business.

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