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China Qinfa Group (HKSE:00866) PB Ratio : (As of May. 16, 2024)


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What is China Qinfa 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 (2024-05-16), China Qinfa Group's share price is HK$0.58. China Qinfa Group's Book Value per Share for the quarter that ended in Dec. 2023 was HK$-0.21. Hence, China Qinfa Group's PB Ratio of today is .

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

During the past 13 years, China Qinfa Group's highest PB Ratio was 45.83. The lowest was 0.18. And the median was 0.41.

HKSE:00866's PB Ratio is not ranked *
in the Other Energy Sources industry.
Industry Median: 1.315
* Ranked among companies with meaningful PB Ratio only.

During the past 12 months, China Qinfa Group's average Book Value Per Share Growth Rate was -3550.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 48.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of China Qinfa Group was 59.40% per year. The lowest was -20.30% per year. And the median was 28.80% per year.

Back to Basics: PB Ratio


China Qinfa Group PB Ratio Historical Data

The historical data trend for China Qinfa 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.

China Qinfa Group PB Ratio Chart

China Qinfa Group 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 - - - 37.33 -

China Qinfa Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - - 37.33 3.15 -

Competitive Comparison of China Qinfa Group's PB Ratio

For the Thermal Coal subindustry, China Qinfa 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.


China Qinfa Group's PB Ratio Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, China Qinfa Group's PB Ratio distribution charts can be found below:

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



China Qinfa 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=0.58/-0.207
=

* 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.


China Qinfa Group  (HKSE:00866) 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.


China Qinfa Group PB Ratio Related Terms

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China Qinfa Group (HKSE:00866) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Pazhou Avenue East, Unit Nos. 2201 to 2208, Level 22, South Tower, Poly International Plaza, Haizhu District, Guangzhou, CHN
China Qinfa Group Ltd is a Hong-Kong based firm engaged in coal operation business involving coal mining, purchases and sales, filtering, storage, the blending of coal in the PRC, and shipping transportation. The company operates its business through two segments namely Coal and Shipping transportation segments. Coal business segment covers coal mining, purchases and sales, filtering, storage and blending of coal in the PRC, and Shipping transportation segment provides services of time charter and voyage charter of vessels. It has a business presence in the PRC and other countries, of which the majority of the revenue is generated within the PRC.

China Qinfa Group (HKSE:00866) Headlines

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