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Shuifa Energas Gas Co (SHSE:603318) PB Ratio : 2.48 (As of Dec. 14, 2024)


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What is Shuifa Energas Gas 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 (2024-12-14), Shuifa Energas Gas Co's share price is ¥7.89. Shuifa Energas Gas Co's Book Value per Share for the quarter that ended in Sep. 2024 was ¥3.18. Hence, Shuifa Energas Gas Co's PB Ratio of today is 2.48.

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

SHSE:603318' s PB Ratio Range Over the Past 10 Years
Min: 1.48   Med: 4.63   Max: 39.37
Current: 2.48

During the past 13 years, Shuifa Energas Gas Co's highest PB Ratio was 39.37. The lowest was 1.48. And the median was 4.63.

SHSE:603318's PB Ratio is ranked worse than
80.31% of 955 companies
in the Oil & Gas industry
Industry Median: 1.17 vs SHSE:603318: 2.48

During the past 12 months, Shuifa Energas Gas Co's average Book Value Per Share Growth Rate was -10.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 13.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 9.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 15.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Shuifa Energas Gas Co was 47.10% per year. The lowest was -0.70% per year. And the median was 14.50% per year.

Back to Basics: PB Ratio


Shuifa Energas Gas Co PB Ratio Historical Data

The historical data trend for Shuifa Energas Gas 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.

Shuifa Energas Gas Co PB Ratio Chart

Shuifa Energas Gas 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 5.13 2.91 3.20 2.44 2.11

Shuifa Energas Gas Co 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 2.39 2.11 1.76 1.53 2.09

Competitive Comparison of Shuifa Energas Gas Co's PB Ratio

For the Oil & Gas Equipment & Services subindustry, Shuifa Energas Gas 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.


Shuifa Energas Gas Co's PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Shuifa Energas Gas Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Shuifa Energas Gas Co's PB Ratio falls into.



Shuifa Energas Gas 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.

Shuifa Energas Gas Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=7.89/3.177
=2.48

* 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.


Shuifa Energas Gas Co  (SHSE:603318) 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.


Shuifa Energas Gas Co PB Ratio Related Terms

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Shuifa Energas Gas Co Business Description

Traded in Other Exchanges
N/A
Address
No.73, Zhenpeng Industrial City, Economic and Technological Development Zone, Liaoning Province, Dalian, CHN, 250100
Shuifa Energas Gas Co Ltd formerly Dalian Energas Gas-System Co Ltd is engaged in the design, production, sales, and services of related products in the field of gas transmission and distribution and gas applications. The products and services of the company include gas transmission and distribution systems which include pressure regulating stations, long-distance pipelines, and distribution system equipment, gas application systems which include gas turbine auxiliary equipment, gas turbine MSD pipelines, and steam turbine steam seal pipelines, and spare parts.

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