What is Ganfeng Lithium Group Co Book Value per Share?
Ganfeng Lithium Group Co's book value per share for the quarter that ended in Dec. 2023 was ¥23.32.
During the past 12 months, Ganfeng Lithium Group Co's average Book Value Per Share Growth Rate was 6.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 59.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 47.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 42.40% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Ganfeng Lithium Group Co was 67.90% per year. The lowest was 15.60% per year. And the median was 42.00% per year.
During the past 13 years, the highest P/B Ratio of Ganfeng Lithium Group Co was 25.08. The lowest was 1.42. And the median was 6.32.
Good Sign:
Ganfeng Lithium Group Co Ltd stock PB Ratio (=1.47) is close to 10-year low of 1.42
Ganfeng Lithium Group Co Book Value per Share Historical Data
The historical data trend for Ganfeng Lithium Group Co's Book Value per Share 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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Ganfeng Lithium Group Co Book Value per Share Chart
Competitive Comparison of Ganfeng Lithium Group Co's Book Value per Share
For the Chemicals subindustry, Ganfeng Lithium Group 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.
Ganfeng Lithium Group Co's PB Ratio Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Ganfeng Lithium Group Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Ganfeng Lithium Group Co's PB Ratio falls into.
Ganfeng Lithium Group Co Book Value per Share Calculation
Ganfeng Lithium Group Co's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:
* 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.
Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.
Ganfeng Lithium Group Co (SZSE:002460) Book Value per Share Explanation
Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.
For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.
Ganfeng Lithium Group Co Book Value per Share Related Terms
Thank you for viewing the detailed overview of Ganfeng Lithium Group Co's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Ganfeng Lithium Group Co (SZSE:002460) Business Description
Founded in 2000, Ganfeng is the world's third largest and China's largest lithium compounds producer and the world's largest lithium metals producer in terms of production capacity. The company offers five major categories of more than 40 lithium compounds and metals products, which is one of the most comprehensive product offerings among the suppliers globally. Starting as a midstream manufacturer of lithium compounds and lithium metals, Ganfeng has successfully expanded into a vertically integrated business model with operations along the critical stages of the industry value chain, including upstream lithium extraction, midstream lithium compounds and metals processing, and downstream lithium battery production and recycling.
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