China Gas Holdings's book value per share for the quarter that ended in Sep. 2023 was $32.12.
During the past 12 months, China Gas Holdings's average Book Value Per Share Growth Rate was -5.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 11.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 15.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 17.10% 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 China Gas Holdings was 75.10% per year. The lowest was 9.40% per year. And the median was 20.00% per year.
China Gas Holdings's current price is $23.189. Its book value per share for the quarter that ended in Sep. 2023 was $32.12. Hence, today's PB Ratio of China Gas Holdings is 0.68.
During the past 13 years, the highest P/B Ratio of China Gas Holdings was 6.90. The lowest was 0.64. And the median was 3.39.
China Gas Holdings Book Value per Share Historical Data
The historical data trend for China Gas Holdings'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.
Competitive Comparison of China Gas Holdings's Book Value per Share
For the Utilities - Regulated Gas subindustry, China Gas Holdings'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 Gas Holdings's PB Ratio Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, China Gas Holdings's PB Ratio distribution charts can be found below:
* The bar in red indicates where China Gas Holdings's PB Ratio falls into.
China Gas Holdings Book Value per Share Calculation
China Gas Holdings's Book Value Per Share for the fiscal year that ended in Mar. 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.
China Gas Holdings (OTCPK:CGHLY) 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.
China Gas Holdings Book Value per Share Related Terms
Thank you for viewing the detailed overview of China Gas Holdings's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
China Gas Holdings (China Gas Holdings) Business Description
China Gas Holdings is involved in the wholesale and retail businesses of natural gas and liquefied petroleum gas in China. As of fiscal 2023 (ended March 31, 2023), the group had secured a total of 661 piped gas concessions, 533 compressed natural gas/liquefied natural gas refilling stations for vehicles, and 106 LPG distribution projects in China. In total, CGH has connected 45.4 million residential households and achieved a penetration rate of 68.6%.
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