Folangsi Co (HKSE:02499) PB Ratio : 4.43 (As of May. 12, 2024)

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What is Folangsi 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 (2024-05-12), Folangsi Co's share price is HK$15.00. Folangsi Co's Book Value per Share for the quarter that ended in Dec. 2023 was HK$3.38. Hence, Folangsi Co's PB Ratio of today is 4.43.

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

HKSE:02499' s PB Ratio Range Over the Past 10 Years
Min: 4.2 Med: 4.27 Max: 5.14
Current: 4.43

During the past 4 years, Folangsi Co's highest PB Ratio was 5.14. The lowest was 4.20. And the median was 4.27.

HKSE:02499's PB Ratio is ranked worse than
90.59% of 202 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.525 vs HKSE:02499: 4.43

During the past 12 months, Folangsi Co's average Book Value Per Share Growth Rate was 17.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 13.30% per year.

During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Folangsi Co was 13.30% per year. The lowest was 13.30% per year. And the median was 13.30% per year.

Back to Basics: PB Ratio

Folangsi Co PB Ratio Historical Data

The historical data trend for Folangsi 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.

Folangsi Co PB Ratio Chart

Folangsi Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

PB Ratio

4.37

Folangsi Co Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23
PB Ratio	-	-	-	4.37

Competitive Comparison of Folangsi Co's PB Ratio

For the Farm & Heavy Construction Machinery subindustry, Folangsi 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.

Folangsi Co's PB Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Folangsi Co's PB Ratio distribution charts can be found below:

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

Folangsi 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.

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

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	15.00	/	3.384
	=	4.43

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.

Folangsi Co (HKSE:02499) 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.

Folangsi Co PB Ratio Related Terms

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

Folangsi Co (HKSE:02499) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Folangsi Co Ltd (HKSE:02499) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 999, Yayun Avenue, Shiqi Town, Panyu District, Guangdong, Guangzhou, CHN, 511440

Website

https://www.fls123.com

Folangsi Co Ltd is a leading intralogistics equipment solution provider in China. Focusing on intralogistics equipment subscription services, It strives to provide enterprises with one-stop solutions for intralogistics equipment utilization and management. It also has an established presence in the industry, providing services that span the entire lifecycle of intralogistics equipment, including equipment subscription, repair and maintenance, and disposal.

Folangsi Co (HKSE:02499) Headlines

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