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AHCHF (Anhui Conch Cement Co) PB Ratio : 0.58 (As of Dec. 13, 2024)


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What is Anhui Conch Cement 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 (2024-12-13), Anhui Conch Cement Co's share price is $2.85. Anhui Conch Cement Co's Book Value per Share for the quarter that ended in Sep. 2024 was $4.95. Hence, Anhui Conch Cement Co's PB Ratio of today is 0.58.

The historical rank and industry rank for Anhui Conch Cement Co's PB Ratio or its related term are showing as below:

AHCHF' s PB Ratio Range Over the Past 10 Years
Min: 0.57   Med: 1.42   Max: 2.3
Current: 0.69

During the past 13 years, Anhui Conch Cement Co's highest PB Ratio was 2.30. The lowest was 0.57. And the median was 1.42.

AHCHF's PB Ratio is ranked better than
71.65% of 388 companies
in the Building Materials industry
Industry Median: 1.205 vs AHCHF: 0.69

During the past 12 months, Anhui Conch Cement Co's average Book Value Per Share Growth Rate was 0.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 4.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 10.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 14.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Anhui Conch Cement Co was 45.60% per year. The lowest was 4.50% per year. And the median was 17.65% per year.

Back to Basics: PB Ratio


Anhui Conch Cement Co PB Ratio Historical Data

The historical data trend for Anhui Conch Cement 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.

Anhui Conch Cement Co PB Ratio Chart

Anhui Conch Cement 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 1.99 1.31 0.94 0.70 0.47

Anhui Conch Cement Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.56 0.47 0.45 0.50 0.61

Competitive Comparison of Anhui Conch Cement Co's PB Ratio

For the Building Materials subindustry, Anhui Conch Cement 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.


Anhui Conch Cement Co's PB Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Anhui Conch Cement Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Anhui Conch Cement Co's PB Ratio falls into.



Anhui Conch Cement 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.

Anhui Conch Cement Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=2.85/4.947
=0.58

* 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.


Anhui Conch Cement Co  (OTCPK:AHCHF) 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.


Anhui Conch Cement Co PB Ratio Related Terms

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


Anhui Conch Cement Co Business Description

Address
No. 39 Wenhua Road, Anhui Province, Wuhu, CHN, 241000
Anhui Conch Cement mainly engages in the production and sale of cement, clinker, and concrete in China. The company was established in 1997 and headquartered in Anhui province. With annual cement production capacity of 395 million metric tons in 2023, the firm is the second-largest cement manufacturer in China. Sales of self-produced products contribute to about 80% of its revenue, with the remainder mainly from the trading business and service income.

Anhui Conch Cement Co Headlines

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