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Sk Shu Paint Co (SHSE:603737) PB Ratio : 10.00 (As of May. 27, 2024)


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What is Sk Shu Paint 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 (2024-05-27), Sk Shu Paint Co's share price is ¥47.30. Sk Shu Paint Co's Book Value per Share for the quarter that ended in Mar. 2024 was ¥4.73. Hence, Sk Shu Paint Co's PB Ratio of today is 10.00.

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

SHSE:603737' s PB Ratio Range Over the Past 10 Years
Min: 3.56   Med: 9.86   Max: 27.88
Current: 10

During the past 13 years, Sk Shu Paint Co's highest PB Ratio was 27.88. The lowest was 3.56. And the median was 9.86.

SHSE:603737's PB Ratio is ranked worse than
96.03% of 1535 companies
in the Chemicals industry
Industry Median: 1.62 vs SHSE:603737: 10.00

During the past 12 months, Sk Shu Paint Co's average Book Value Per Share Growth Rate was 8.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -0.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 10.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 17.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Sk Shu Paint Co was 29.50% per year. The lowest was -0.80% per year. And the median was 18.85% per year.

Back to Basics: PB Ratio


Sk Shu Paint Co PB Ratio Historical Data

The historical data trend for Sk Shu Paint 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.

Sk Shu Paint Co PB Ratio Chart

Sk Shu Paint 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 8.71 16.24 26.96 18.86 10.26

Sk Shu Paint 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 19.07 13.35 12.56 10.26 6.77

Competitive Comparison of Sk Shu Paint Co's PB Ratio

For the Specialty Chemicals subindustry, Sk Shu Paint 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.


Sk Shu Paint Co's PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sk Shu Paint Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Sk Shu Paint Co's PB Ratio falls into.



Sk Shu Paint 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.

Sk Shu Paint Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=47.30/4.73
=10.00

* 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.


Sk Shu Paint Co  (SHSE:603737) 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.


Sk Shu Paint Co PB Ratio Related Terms

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


Sk Shu Paint Co (SHSE:603737) Business Description

Traded in Other Exchanges
N/A
Address
No. 518 LIyuan North Road, Licheng District, Fujian Province, Putian City, CHN, 351100
Sk Shu Paint Co Ltd operates in the business of paint products. It offers decorative paints, such as interior paints; architectural coatings, including floor paints, granite paints, stone covers, texture paints, and rock chip paints; wood paints comprising ultraviolet, PU, and NC paints; and auxiliary materials consisting of adhesives, waterproof paints, and putty.
Executives
Zhao Fu Wei Supervisors
Mi Li Directors, senior managers
Peng Yong Sen Supervisors
Hong Jie Directors, senior managers
Lin De Dian senior management
Zhu Qi Feng Directors, senior managers
Lin Li Zhong Director
Cai Wei Ting Supervisors
Huang Sheng Lin senior management
Fang Guo Qin Directors, senior managers
Chen Chao Yang Supervisors

Sk Shu Paint Co (SHSE:603737) Headlines

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