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Kweichow Moutai Co (SHSE:600519) PB Ratio : 8.93 (As of May. 01, 2024)


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What is Kweichow Moutai 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 (2024-05-01), Kweichow Moutai Co's share price is ¥1705.00. Kweichow Moutai Co's Book Value per Share for the quarter that ended in Mar. 2024 was ¥190.84. Hence, Kweichow Moutai Co's PB Ratio of today is 8.93.

Good Sign:

Kweichow Moutai Co Ltd stock PB Ratio (=8.96) is close to 5-year low of 8.26

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

SHSE:600519' s PB Ratio Range Over the Past 10 Years
Min: 2.91   Med: 9.25   Max: 20.25
Current: 8.96

During the past 13 years, Kweichow Moutai Co's highest PB Ratio was 20.25. The lowest was 2.91. And the median was 9.25.

SHSE:600519's PB Ratio is ranked worse than
92.16% of 204 companies
in the Beverages - Alcoholic industry
Industry Median: 1.92 vs SHSE:600519: 8.96

During the past 12 months, Kweichow Moutai Co's average Book Value Per Share Growth Rate was 9.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 10.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 13.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 18.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Kweichow Moutai Co was 79.20% per year. The lowest was 10.20% per year. And the median was 23.10% per year.

Back to Basics: PB Ratio


Kweichow Moutai Co PB Ratio Historical Data

The historical data trend for Kweichow Moutai 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.

Kweichow Moutai Co PB Ratio Chart

Kweichow Moutai Co 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 10.93 15.56 13.59 10.99 10.05

Kweichow Moutai Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 10.47 10.57 10.37 10.05 8.92

Competitive Comparison of Kweichow Moutai Co's PB Ratio

For the Beverages - Wineries & Distilleries subindustry, Kweichow Moutai 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.


Kweichow Moutai Co's PB Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Kweichow Moutai Co's PB Ratio distribution charts can be found below:

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



Kweichow Moutai 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=1705.00/190.839
=8.93

* 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.


Kweichow Moutai Co  (SHSE:600519) 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.


Kweichow Moutai Co PB Ratio Related Terms

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


Kweichow Moutai Co (SHSE:600519) Business Description

Traded in Other Exchanges
N/A
Address
Guizhou Province, Maotai Town, Renhuai, CHN, 564501
Kweichow Moutai is one of China's leading liquor producers. The company was established in 1951 and its headquarters is located in Moutai Town, Guizhou province, southwest China. Its core product, 53-degree Feitian Moutai, is known as China's national drink and has been consumed during many high-profile historical and political events. Given its remarkable pricing power, premium product quality, and unparalleled brand strength, the company achieves the industry's highest retail prices and profit margins.

Kweichow Moutai Co (SHSE:600519) Headlines

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