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Yinbang Clad Material Co (SZSE:300337) PB Ratio : 3.44 (As of May. 01, 2024)


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What is Yinbang Clad Material 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 (2024-05-01), Yinbang Clad Material Co's share price is ¥6.97. Yinbang Clad Material Co's Book Value per Share for the quarter that ended in Mar. 2024 was ¥2.03. Hence, Yinbang Clad Material Co's PB Ratio of today is 3.44.

The historical rank and industry rank for Yinbang Clad Material Co's PB Ratio or its related term are showing as below:

SZSE:300337' s PB Ratio Range Over the Past 10 Years
Min: 1.73   Med: 3.33   Max: 7.64
Current: 3.43

During the past 13 years, Yinbang Clad Material Co's highest PB Ratio was 7.64. The lowest was 1.73. And the median was 3.33.

SZSE:300337's PB Ratio is ranked worse than
78.35% of 2393 companies
in the Metals & Mining industry
Industry Median: 1.38 vs SZSE:300337: 3.43

During the past 12 months, Yinbang Clad Material Co's average Book Value Per Share Growth Rate was -1.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 3.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -0.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Yinbang Clad Material Co was 35.00% per year. The lowest was -3.80% per year. And the median was 1.40% per year.

Back to Basics: PB Ratio


Yinbang Clad Material Co PB Ratio Historical Data

The historical data trend for Yinbang Clad Material 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.

Yinbang Clad Material Co PB Ratio Chart

Yinbang Clad Material Co 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 1.78 2.90 4.31 4.04 4.06

Yinbang Clad Material Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3.74 3.40 3.27 4.06 3.54

Competitive Comparison of Yinbang Clad Material Co's PB Ratio

For the Aluminum subindustry, Yinbang Clad Material 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.


Yinbang Clad Material Co's PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Yinbang Clad Material Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Yinbang Clad Material Co's PB Ratio falls into.



Yinbang Clad Material 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.

Yinbang Clad Material Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=6.97/2.027
=3.44

* 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.


Yinbang Clad Material Co  (SZSE:300337) 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.


Yinbang Clad Material Co PB Ratio Related Terms

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Yinbang Clad Material Co (SZSE:300337) Business Description

Traded in Other Exchanges
N/A
Address
Houzhai, Hongshan Street, Wuxi New District, Wuxi, CHN, 214145
Yinbang Clad Material Co Ltd is focusing on the research and development and production of aluminum clad material and multi-metal clad material. In addition, the company also focuses on metal processing, 3D printing and material research and development, sales and after-sale services. Its products are widely applied in fields like automobile heat exchangers, engineering machinery, air cooling in power station, rail transit, household appliances, aerospace, cellphone, and shipping.

Yinbang Clad Material Co (SZSE:300337) Headlines

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