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BYD Co (HKSE:01211) PB Ratio : 4.57 (As of Dec. 14, 2024)


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What is BYD 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 (2024-12-14), BYD Co's share price is HK$268.60. BYD Co's Book Value per Share for the quarter that ended in Sep. 2024 was HK$58.84. Hence, BYD Co's PB Ratio of today is 4.57.

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

HKSE:01211' s PB Ratio Range Over the Past 10 Years
Min: 1.93   Med: 4.42   Max: 12.81
Current: 5.18

During the past 13 years, BYD Co's highest PB Ratio was 12.81. The lowest was 1.93. And the median was 4.42.

HKSE:01211's PB Ratio is ranked worse than
88.55% of 1275 companies
in the Vehicles & Parts industry
Industry Median: 1.45 vs HKSE:01211: 5.18

During the past 12 months, BYD Co's average Book Value Per Share Growth Rate was 19.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 31.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 20.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 16.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of BYD Co was 56.40% per year. The lowest was 1.40% per year. And the median was 16.55% per year.

Back to Basics: PB Ratio


BYD Co PB Ratio Historical Data

The historical data trend for BYD 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.

BYD Co PB Ratio Chart

BYD 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 1.68 8.22 6.67 4.52 4.11

BYD 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 5.06 4.11 3.78 4.39 4.82

Competitive Comparison of BYD Co's PB Ratio

For the Auto Manufacturers subindustry, BYD 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.


BYD Co's PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, BYD Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where BYD Co's PB Ratio falls into.



BYD 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.

BYD Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=268.60/58.836
=4.57

* 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.


BYD Co  (HKSE:01211) 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.


BYD Co PB Ratio Related Terms

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


BYD Co Business Description

Address
No. 3009, BYD Road, Pingshan, Guangdong Province, Shenzhen, CHN, 518118
Founded in 1995, BYD is a leading Chinese manufacturer in the design, development, and production of new energy vehicles, or NEVs. In March 2022, the firm discontinued production of internal combustion engine, or ICE, vehicles. Its products primarily target the growing midpriced mass-market segment in China's passenger vehicle market. The company sold about 3 million passenger NEVs in 2023, accounting for 33% of the Chinese passenger NEV market. Besides automobile production, the company is also engaged in handset components and assembly services, as well as the rechargeable battery and photovoltaics business. After more than 25 years of development, the company has established over 30 industrial parks worldwide.
Executives
Blackrock, Inc. 2201 Interest of corporation controlled by you
Berkshire Hathaway Energy Company (formerly Known As Midamerican Energy Holdings Company) 2201 Interest of corporation controlled by you
Berkshire Hathaway Inc. 2201 Interest of corporation controlled by you
Rong Jie Tou Zi Kong Gu Ji Tuan You Xian Gong Si 2101 Beneficial owner

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