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Guangdong Tianan New Material Co (SHSE:603725) PB Ratio : 3.08 (As of Dec. 14, 2024)


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What is Guangdong Tianan New Material 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), Guangdong Tianan New Material Co's share price is ¥7.47. Guangdong Tianan New Material Co's Book Value per Share for the quarter that ended in Sep. 2024 was ¥2.43. Hence, Guangdong Tianan New Material Co's PB Ratio of today is 3.08.

The historical rank and industry rank for Guangdong Tianan New Material Co's PB Ratio or its related term are showing as below:

SHSE:603725' s PB Ratio Range Over the Past 10 Years
Min: 1.56   Med: 2.24   Max: 8.23
Current: 3.07

During the past 13 years, Guangdong Tianan New Material Co's highest PB Ratio was 8.23. The lowest was 1.56. And the median was 2.24.

SHSE:603725's PB Ratio is ranked worse than
74.22% of 1532 companies
in the Chemicals industry
Industry Median: 1.74 vs SHSE:603725: 3.07

During the past 12 months, Guangdong Tianan New Material Co's average Book Value Per Share Growth Rate was 10.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -6.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -6.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 6.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Guangdong Tianan New Material Co was 26.30% per year. The lowest was -13.60% per year. And the median was 1.60% per year.

Back to Basics: PB Ratio


Guangdong Tianan New Material Co PB Ratio Historical Data

The historical data trend for Guangdong Tianan New Material 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.

Guangdong Tianan New Material Co PB Ratio Chart

Guangdong Tianan New Material 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 1.95 1.78 2.57 2.74 3.37

Guangdong Tianan New Material 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 2.95 3.37 2.97 2.66 2.84

Competitive Comparison of Guangdong Tianan New Material Co's PB Ratio

For the Chemicals subindustry, Guangdong Tianan New Material 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.


Guangdong Tianan New Material Co's PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Guangdong Tianan New Material Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Guangdong Tianan New Material Co's PB Ratio falls into.



Guangdong Tianan New Material 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.

Guangdong Tianan New Material Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=7.47/2.425
=3.08

* 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.


Guangdong Tianan New Material Co  (SHSE:603725) 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.


Guangdong Tianan New Material Co PB Ratio Related Terms

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


Guangdong Tianan New Material Co Business Description

Traded in Other Exchanges
N/A
Address
No. 30, Xinyuan 1st Road, Jili Industrial Zone, Nanzhuang Town, Chancheng District, Guangdong, Foshan, CHN, 528061
Guangdong Tianan New Material Co Ltd is a manufacturer of environmentally friendly high-end decorative materials and automotive interior materials in China. Its primary products include home decoration finishes, automotive interior finishes, films and artificial leather products, such as the polyvinyl chloride (PVC), polypropylene (PP) and thermoplastic polyolefin (TPO) and other polymer surface material.
Executives
Chen Xian Wei Director
Li Hua Qiang Supervisors
Shen Yao Liang Director
Song Dai Ying Director
Wu Qi Chao Directors, senior managers
Ceng Yan Hua senior management
Liu Qiao Yun senior management
Qiu Hui Ping Supervisors
Wang Dong Yong Supervisors
Bai Xiu Fen Director
Xu Fang senior management
Hong Xiao Ming Director
Wu Jian Ming senior management
Yuan Wen Hua Supervisors

Guangdong Tianan New Material Co Headlines

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