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Yasheng Group (Yasheng Group) PB Ratio : 0.05 (As of Jun. 22, 2024)


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What is Yasheng Group 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 (2024-06-22), Yasheng Group's share price is $0.0703. Yasheng Group's Book Value per Share for the quarter that ended in Dec. 2015 was $1.35. Hence, Yasheng Group's PB Ratio of today is 0.05.

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

HERB's PB Ratio is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 1.5
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


Yasheng Group PB Ratio Historical Data

The historical data trend for Yasheng Group'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.

Yasheng Group PB Ratio Chart

Yasheng Group Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.03 0.04 0.04 0.38

Yasheng Group Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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 0.04 0.04 0.05 0.03 0.38

Competitive Comparison of Yasheng Group's PB Ratio

For the Farm Products subindustry, Yasheng Group'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.


Yasheng Group's PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Yasheng Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where Yasheng Group's PB Ratio falls into.



Yasheng Group 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.

Yasheng Group's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2015)
=0.0703/1.352
=0.05

* 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.


Yasheng Group  (OTCPK:HERB) 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.


Yasheng Group PB Ratio Related Terms

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


Yasheng Group (Yasheng Group) Business Description

Traded in Other Exchanges
N/A
Address
2245 Fortune Dr No. C, San Jose, CA, USA, 95131
Yasheng Group is a Colorado corporation U.S. company, that conducts business operations in the U.S. , China, Philippine in four segments: Mining, Agriculture & Biotechnology, Blockchain+ IOT. The company's agriculture products include herbal medicine, herbal organic food, ginkgo, songaricum, betel nut, coconut, coffee, wolfberry, hemp, etc. Company's products are exported to 15 countries around the world, and 2875 Cooperative regions distribution agents. It also designs, develops and markets new technologies related to agriculture and genetic biology.

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