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Shenzhen Expressway (Shenzhen Expressway) PB Ratio : 0.62 (As of Apr. 26, 2024)


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What is Shenzhen Expressway 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 (2024-04-26), Shenzhen Expressway's share price is $44.79. Shenzhen Expressway's Book Value per Share for the quarter that ended in Dec. 2023 was $71.79. Hence, Shenzhen Expressway's PB Ratio of today is 0.62.

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

SHZNY' s PB Ratio Range Over the Past 10 Years
Min: 0.6   Med: 1.12   Max: 2.08
Current: 1.03

During the past 13 years, Shenzhen Expressway's highest PB Ratio was 2.08. The lowest was 0.60. And the median was 1.12.

SHZNY's PB Ratio is ranked better than
57.58% of 1610 companies
in the Construction industry
Industry Median: 1.23 vs SHZNY: 1.03

During the past 12 months, Shenzhen Expressway's average Book Value Per Share Growth Rate was 4.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -1.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 5.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 9.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Shenzhen Expressway was 19.10% per year. The lowest was -1.00% per year. And the median was 8.40% per year.

Back to Basics: PB Ratio


Shenzhen Expressway PB Ratio Historical Data

The historical data trend for Shenzhen Expressway'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.

Shenzhen Expressway PB Ratio Chart

Shenzhen Expressway Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.93 0.59 0.56 0.69 0.57

Shenzhen Expressway Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.69 0.66 0.72 0.72 0.57

Competitive Comparison of Shenzhen Expressway's PB Ratio

For the Infrastructure Operations subindustry, Shenzhen Expressway'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.


Shenzhen Expressway's PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Shenzhen Expressway's PB Ratio distribution charts can be found below:

* The bar in red indicates where Shenzhen Expressway's PB Ratio falls into.



Shenzhen Expressway 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.

Shenzhen Expressway's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=44.79/71.793
=0.62

* 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.


Shenzhen Expressway  (OTCPK:SHZNY) 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.


Shenzhen Expressway PB Ratio Related Terms

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


Shenzhen Expressway (Shenzhen Expressway) Business Description

Traded in Other Exchanges
Address
Hanking Center Tower, Yuehai Street, No. 9968, Floor 46, Shennan Avenue, Nanshan District, Shenzhen, CHN, 518026
Shenzhen Expressway Corp Ltd, formerly Shenzhen Expressway Co Ltd constructs, operates, and maintains toll highways, roads, and urban infrastructure. The group has identified two reporting segments, namely the toll road segment and the environmental protection segment. The toll road segment takes charge of the operation and management of toll roads in Mainland China. The environmental protection segment engages in the operation and management of environmentally related infrastructure, mainly including solid waste treatment, clean energy, and other related fields. The majority of its revenue is derived from the Toll segment.

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