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 (2024-04-26), Gulf Resources's share price is $1.5358. Gulf Resources's Book Value per Share for the quarter that ended in Sep. 2023 was $24.99. Hence, Gulf Resources's PB Ratio of today is 0.06.
The historical rank and industry rank for Gulf Resources's PB Ratio or its related term are showing as below:
GURE'
s PB Ratio Range Over the Past 10 Years
Min: 0.05 Med: 0.18 Max: 0.37
Current: 0.06
During the past 13 years, Gulf Resources's highest PB Ratio was 0.37. The lowest was 0.05. And the median was 0.18.
GURE's PB Ratio is ranked better than 99.87% of 1533
companies
in the Chemicals industry
Industry Median: 1.57
vs GURE: 0.06
During the past 12 months, Gulf Resources's average Book Value Per Share Growth Rate was -2.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -2.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -7.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -4.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Gulf Resources was 127.50% per year. The lowest was -47.20% per year. And the median was 0.40% per year.
Back to Basics: PB Ratio
Gulf Resources PB Ratio Historical Data
The historical data trend for Gulf Resources'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.
Competitive Comparison of Gulf Resources's PB Ratio
For the Chemicals subindustry, Gulf Resources'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.
Gulf Resources's PB Ratio Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Gulf Resources's PB Ratio distribution charts can be found below:
* The bar in red indicates where Gulf Resources's PB Ratio falls into.
Gulf Resources 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.
Gulf Resources's PB Ratio for today is calculated as follows:
* 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.
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.
Gulf Resources PB Ratio Related Terms
Thank you for viewing the detailed overview of Gulf Resources's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Gulf Resources (Gulf Resources) Business Description
Gulf Resources Inc is a holding company engaged in the manufacture and trade of bromine and crude salt, and natural gas; manufactures and sells chemical products used in oil and gas field exploration, oil and gas distribution, oil field drilling, wastewater processing, papermaking chemical agents and inorganic chemicals, and manufactures and sells materials for human and animal antibiotics. It operates in four segments: Bromine, Crude Salt, Chemical Products, and Natural Gas. It derives maximum revenue from the Bromine segment which is commonly used in brominated flame retardants, fumigants, water purification compounds, dyes, medicines, and disinfectants.
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