Li Ning Co (Li Ning Co) PB Ratio : 2.02 (As of Apr. 30, 2024)

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What is Li Ning 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 (2024-04-30), Li Ning Co's share price is $66.678. Li Ning Co's Book Value per Share for the quarter that ended in Dec. 2023 was $33.07. Hence, Li Ning Co's PB Ratio of today is 2.02.

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

LNNGY' s PB Ratio Range Over the Past 10 Years
Min: 1.28 Med: 3.06 Max: 25.2
Current: 2.02

During the past 13 years, Li Ning Co's highest PB Ratio was 25.20. The lowest was 1.28. And the median was 3.06.

LNNGY's PB Ratio is ranked worse than
54.94% of 759 companies
in the Travel & Leisure industry
Industry Median: 1.76 vs LNNGY: 2.02

During the past 12 months, Li Ning Co's average Book Value Per Share Growth Rate was 0.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 35.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 33.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 21.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Li Ning Co was 47.90% per year. The lowest was -25.00% per year. And the median was 18.50% per year.

Back to Basics: PB Ratio

Li Ning Co PB Ratio Historical Data

The historical data trend for Li Ning 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.

Li Ning Co PB Ratio Chart

Li Ning Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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6.32

12.97

8.55

6.49

2.03

Li Ning Co 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															8.55	7.33	6.49	4.04	2.03

Competitive Comparison of Li Ning Co's PB Ratio

For the Leisure subindustry, Li Ning 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.

Li Ning Co's PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Li Ning Co's PB Ratio distribution charts can be found below:

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

Li Ning 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.

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

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	66.678	/	33.065
	=	2.02

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.

Li Ning Co (OTCPK:LNNGY) 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.

Li Ning Co PB Ratio Related Terms

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Li Ning Co (Li Ning Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Li Ning Co Ltd (OTCPK:LNNGY) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

LNNGF:USA 02331:Hong Kong LNLB:Germany

Address

No. 8 Xing Guang 5th Street, Opto-Mechatronics Industrial Park, Zhongguancun Science and Technology Area, Tongzhou District, Beijing, CHN, 101111

Website

https://www.lining.com

Established in 1989, Li Ning is one of the largest sportswear companies in China. Headquartered in Beijing, Li Ning mainly sells professional and leisure footwear and apparel under the Li Ning brand. Despite having a single-brand strategy, Li Ning launched multiple sub-brands (such as China Li Ning and Li Ning 1990) to appeal to different demographics. As of the end of 2021, the company had 7,137 stores in China, of which 1,232 were directly operated, and 5,905 were franchised.

Li Ning Co (Li Ning Co) Headlines

From GuruFocus

Matthews China Fund Comments on Li Ning Co Ltd

By Vera Yuan Vera Yuan • 10-20-2014