Aowei Holding (HKSE:01370) PB Ratio : 0.93 (As of May. 04, 2024)

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What is Aowei Holding 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 (2024-05-04), Aowei Holding's share price is HK$0.60. Aowei Holding's Book Value per Share for the quarter that ended in Dec. 2023 was HK$0.65. Hence, Aowei Holding's PB Ratio of today is 0.93.

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

HKSE:01370' s PB Ratio Range Over the Past 10 Years
Min: 0.59 Med: 1.68 Max: 20
Current: 0.92

During the past 12 years, Aowei Holding's highest PB Ratio was 20.00. The lowest was 0.59. And the median was 1.68.

HKSE:01370's PB Ratio is ranked better than
54.53% of 607 companies
in the Steel industry
Industry Median: 1.01 vs HKSE:01370: 0.92

During the past 12 months, Aowei Holding's average Book Value Per Share Growth Rate was -37.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -10.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -4.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -4.60% per year.

During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Aowei Holding was 95.50% per year. The lowest was -10.70% per year. And the median was -3.10% per year.

Back to Basics: PB Ratio

Aowei Holding PB Ratio Historical Data

The historical data trend for Aowei Holding'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.

Aowei Holding PB Ratio Chart

Aowei Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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1.87

1.57

0.97

0.77

1.01

Aowei Holding 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															0.97	0.99	0.77	0.78	1.01

Competitive Comparison of Aowei Holding's PB Ratio

For the Steel subindustry, Aowei Holding'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.

Aowei Holding's PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Aowei Holding's PB Ratio distribution charts can be found below:

* The bar in red indicates where Aowei Holding's PB Ratio falls into.

Aowei Holding 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.

Aowei Holding's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	0.60	/	0.646
	=	0.93

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.

Aowei Holding (HKSE:01370) 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.

Aowei Holding PB Ratio Related Terms

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Aowei Holding (HKSE:01370) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Aowei Holding Ltd (HKSE:01370) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 91 Guangping Avenue, Laiyuan County, Hebei Province, Baoding, CHN, 074300

Website

http://www.aoweiholding.com

Aowei Holding Ltd is engaged in the exploration, mining, processing, and trading of iron ore products and the provision of hospital management service in the People's Republic of China (PRC). The company owns and operates mines that are located in the Hebei Province, through which it produces iron ore and steel in the PRC. Its major product offering includes iron ores, and iron ore concentrates that are processed at Gufen Mine, Wang'ergou Mine and Shuanmazhuang Mine and preliminary concentrates and iron ores processed at and recovered from Zhijiazhuang Mine. Its segments include Mining segment and Medical segment. The company generates majority of its from Mining segment.

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