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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 (2024-12-11), Planet Green Holdings's share price is $2.61. Planet Green Holdings's Book Value per Share for the quarter that ended in Sep. 2024 was $2.13. Hence, Planet Green Holdings's PB Ratio of today is 1.23.
The historical rank and industry rank for Planet Green Holdings's PB Ratio or its related term are showing as below:
During the past 13 years, Planet Green Holdings's highest PB Ratio was 3.02. The lowest was 0.10. And the median was 0.77.
During the past 12 months, Planet Green Holdings's average Book Value Per Share Growth Rate was -39.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -44.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -31.80% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Planet Green Holdings was 47.00% per year. The lowest was -77.10% per year. And the median was 0.70% per year.
The historical data trend for Planet Green Holdings'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.
Planet Green Holdings Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
PB Ratio | Get a 7-Day Free Trial | 1.04 | 1.44 | 0.77 | 1.10 | 1.81 |
Planet Green Holdings 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 | 2.23 | 1.81 | 1.02 | 0.73 | 0.72 |
For the Conglomerates subindustry, Planet Green Holdings'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.
For the Conglomerates industry and Industrials sector, Planet Green Holdings's PB Ratio distribution charts can be found below:
* The bar in red indicates where Planet Green Holdings's PB Ratio falls into.
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.
Planet Green Holdings's PB Ratio for today is calculated as follows:
PB Ratio | = | Share Price | / | Book Value per Share (Q: Sep. 2024) |
= | 2.61 | / | 2.129 | |
= | 1.23 |
* 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:
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.
Planet Green Holdings (AMEX:PLAG) 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.
Thank you for viewing the detailed overview of Planet Green Holdings's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Xiangtian Aerodynamic Electricity Ltd. | 10 percent owner | FLOOR 18, DONGHOU TOWER, AIGUO ROAD, LUOHU DISTRICT, SHENZHEN F4 518128 |
Bin Zhou | director | SUITE 901 BUILDING 6 NO. 1678, JINSHAJIANG ROAD, PUTUO DISTRICT F4 200000 |
Yang Cao | director | 9841 WASHINGTONIAN BLVD, SUITE 200, GAITHERSBURG MD 20878 |
King Fai Leung | director | SUITE 901, BUILDING 6, NO. 1678, JINSHAJIANG ROAD, PUTUO DISTRICT, SHANGHAI F4 200333 |
Lili Hu | officer: Chief Financial Officer | BEIHUANZHONG ROAD JUNAN COUNTY, SHANDONG F4 276600 |
Daqi Cui | officer: Chief Operating Officer | BEIHUANZHONG ROAD JUNAN COUNTY, SHANDONG F4 276600 |
Chao Chen | director | SUITE 901 BLDG 6 NO 1678, JINSHAJIANG ROAD, SHANGHAI F4 100006 |
Hongxiang Yu | director, officer: CEO | BEIHUANZHONG ROAD JUNAN COUNTY, SHANDONG F4 276600 |
Yimin Jin | director, officer: Chief Strategy Officer | BEIHUANZHONG JUNAN COURT, SHANDONG F4 276600 |
Yu Li | officer: CFO | BEIHUANZHONG ROAD, JUNAN COURT, SHANDONG F4 276600 |
Yilei Shao | director | BEIHUANZHONG ROAD JUNAN COURT, SHANDONG F4 276600 |
Yuguo Zhang | director | BEIHUANZHONG ROAD JUNAN COUNTY, SHANDONG F4 276600 |
Guangming Fang | director | BEIHUANZHONG ROAD JUNAN COURT, SHANDONG F4 276600 |
Fw | 10 percent owner | PALMENGARTENSTRASSE, 5-9, FRANKFURT AM MAIN 2M 60325 |
Deg - Deutsche Investitions- Und Entwicklungsgesellschaft Mbh | 10 percent owner | KAMMERGASSE 22, KOLN 2M 50676 |
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