China Water Affairs Group (HKSE:00855) PB Ratio : 0.67 (As of May. 03, 2024)

View and export this data going back to 1999. Start your Free Trial

What is China Water Affairs Group 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 (2024-05-03), China Water Affairs Group's share price is HK$5.00. China Water Affairs Group's Book Value per Share for the quarter that ended in Sep. 2023 was HK$7.50. Hence, China Water Affairs Group's PB Ratio of today is 0.67.

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

HKSE:00855' s PB Ratio Range Over the Past 10 Years
Min: 0.49 Med: 1.21 Max: 2.35
Current: 0.67

During the past 13 years, China Water Affairs Group's highest PB Ratio was 2.35. The lowest was 0.49. And the median was 1.21.

HKSE:00855's PB Ratio is ranked better than
81.25% of 512 companies
in the Utilities - Regulated industry
Industry Median: 1.4 vs HKSE:00855: 0.67

During the past 12 months, China Water Affairs Group's average Book Value Per Share Growth Rate was -1.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 14.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 13.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 13.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of China Water Affairs Group was 164.10% per year. The lowest was -66.60% per year. And the median was 13.40% per year.

Back to Basics: PB Ratio

China Water Affairs Group PB Ratio Historical Data

The historical data trend for China Water Affairs Group'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.

China Water Affairs Group PB Ratio Chart

China Water Affairs Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

PB Ratio

Get a 7-Day Free Trial

1.66

1.10

0.96

1.08

0.81

China Water Affairs Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
PB Ratio	Get a 7-Day Free Trial															1.20	1.08	0.82	0.81	0.68

Competitive Comparison of China Water Affairs Group's PB Ratio

For the Utilities - Regulated Water subindustry, China Water Affairs Group'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 Water Affairs Group's PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, China Water Affairs Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where China Water Affairs Group's PB Ratio falls into.

China Water Affairs Group 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 Water Affairs Group's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2023)
	=	5.00	/	7.497
	=	0.67

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.

China Water Affairs Group (HKSE:00855) 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 Water Affairs Group PB Ratio Related Terms

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

China Water Affairs Group (HKSE:00855) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » China Water Affairs Group Ltd (HKSE:00855) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

CWAFF:USA CUBB:Germany

Address

18 Harbour Road, Central Plaza, Suite 6408, 64th Floor, Wanchai, Hong Kong, HKG

Website

http://www.chinawatergroup.com

China Water Affairs Group Ltd is a Chinese water utility company that builds, operates, and invests in water affairs projects in China. The firm's primary segments include City water supply operation, main contractor construction, Environmental protection, and Property development and investment, Pipeline direct drinking water supply. It generates a majority of its revenue from the City water supply operation segment. Geographically, the company generates a major share of its revenue from the People's Republic of China.

China Water Affairs Group (HKSE:00855) Headlines

No Headlines