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PLAG (Planet Green Holdings) PB Ratio : 1.23 (As of Dec. 11, 2024)


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What is Planet Green Holdings 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 (2024-12-11), 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:

PLAG' s PB Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.77   Max: 3.02
Current: 1.23

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.

PLAG's PB Ratio is ranked worse than
52.35% of 533 companies
in the Conglomerates industry
Industry Median: 1.07 vs PLAG: 1.23

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.

Back to Basics: PB Ratio


Planet Green Holdings PB Ratio Historical Data

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.

* Premium members only.

Planet Green Holdings PB Ratio Chart

Planet Green Holdings 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 1.04 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 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 2.23 1.81 1.02 0.73 0.72

Competitive Comparison of Planet Green Holdings's PB Ratio

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.


Planet Green Holdings's PB Ratio Distribution in the Conglomerates Industry

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.



Planet Green Holdings 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.

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:

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.


Planet Green Holdings PB Ratio Related Terms

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.


Planet Green Holdings Business Description

Traded in Other Exchanges
N/A
Address
130-30 31st Avenue, Suite 512, Flushing, NY, USA, 11354
Planet Green Holdings Corp is a diversified technology and consumer products company with a presence in North America and China engaged in Chemical Products, Tea Products, and Online Advertising Services. The company operates in three segments namely to grow, produce, and distribute Cyan brick tea, black tea, and green tea in China; to research, develop, manufacture, and sell chemical products including formaldehyde, urea formaldehyde adhesive, methylal, ethanol fuel, fuel additives and clean fuel in China; and to develop and operate a demand-side platform which empowers buyers of advertising to manage and optimize their digital advertising across different real-time bidding networks in North America and China.
Executives
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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