WH Group (HKSE:00288) PB Ratio : 0.97 (As of May. 06, 2024)

View and export this data going back to 2014. Start your Free Trial

What is WH 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 (2024-05-06), WH Group's share price is HK$5.82. WH Group's Book Value per Share for the quarter that ended in Dec. 2023 was HK$5.98. Hence, WH Group's PB Ratio of today is 0.97.

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

HKSE:00288' s PB Ratio Range Over the Past 10 Years
Min: 0.67 Med: 0.78 Max: 0.98
Current: 0.97

During the past 11 years, WH Group's highest PB Ratio was 0.98. The lowest was 0.67. And the median was 0.78.

HKSE:00288's PB Ratio is ranked better than
69.49% of 1796 companies
in the Consumer Packaged Goods industry
Industry Median: 1.515 vs HKSE:00288: 0.97

During the past 12 months, WH Group's average Book Value Per Share Growth Rate was 2.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 4.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 7.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 12.10% per year.

During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of WH Group was 29.10% per year. The lowest was 4.40% per year. And the median was 10.25% per year.

Back to Basics: PB Ratio

WH Group PB Ratio Historical Data

The historical data trend for WH 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.

WH Group PB Ratio Chart

WH Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

Get a 7-Day Free Trial

1.75

1.24

0.92

0.78

0.84

WH Group Quarterly Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
PB Ratio	Get a 7-Day Free Trial															-	0.78	0.71	-	0.84

Competitive Comparison of WH Group's PB Ratio

For the Packaged Foods subindustry, WH 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.

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

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

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

WH 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.

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

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	5.82	/	5.984
	=	0.97

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

WH Group (HKSE:00288) 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.

WH Group PB Ratio Related Terms

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

WH Group (HKSE:00288) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » WH Group Ltd (HKSE:00288) » Definitions » PB Ratio

Traded in Other Exchanges

WHGRF:USA WHGLY:USA 0WH:Germany

Address

1 Austin Road West, Unit 7602B-7604A, Level 76, International Commerce Centre, Kowloon, Hong Kong, HKG

Website

https://www.wh-group.com

WH Group, listed on the Hong Kong exchange, is a holding company and the world's largest vertically integrated producer of pork and related packaged meat products. Its revenue is mainly derived from activities undertaken by its China and U.S. operations, which are respectively via 70.3%-owned Henan Shuanghui Investment & Development Co., or Shuanghui, and wholly owned Smithfield Foods Inc. In the U.S., its key packaged meats brands, in which it has an 8% market share, include Nathan's hot dogs, Armour, John Morrell, and Curly's, while in China, products are mainly under the Shuanghui brand, where it also has a 32% market share. We expect the company's operating profit to be split almost equally between the U.S. and China going forward with a small contribution from Europe.

WH Group (HKSE:00288) Headlines

No Headlines