Guangdong VTR Bio-Tech Co (SZSE:300381) PB Ratio : 1.43 (As of May. 20, 2024)

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What is Guangdong VTR Bio-Tech 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 (2024-05-20), Guangdong VTR Bio-Tech Co's share price is ¥7.68. Guangdong VTR Bio-Tech Co's Book Value per Share for the quarter that ended in Mar. 2024 was ¥5.37. Hence, Guangdong VTR Bio-Tech Co's PB Ratio of today is 1.43.

The historical rank and industry rank for Guangdong VTR Bio-Tech Co's PB Ratio or its related term are showing as below:

SZSE:300381' s PB Ratio Range Over the Past 10 Years
Min: 0.82 Med: 2.04 Max: 9.7
Current: 1.43

During the past 13 years, Guangdong VTR Bio-Tech Co's highest PB Ratio was 9.70. The lowest was 0.82. And the median was 2.04.

SZSE:300381's PB Ratio is ranked better than
70.94% of 1325 companies
in the Biotechnology industry
Industry Median: 2.55 vs SZSE:300381: 1.43

During the past 12 months, Guangdong VTR Bio-Tech Co's average Book Value Per Share Growth Rate was -2.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -4.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -0.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 12.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Guangdong VTR Bio-Tech Co was 53.00% per year. The lowest was -4.20% per year. And the median was 20.35% per year.

Back to Basics: PB Ratio

Guangdong VTR Bio-Tech Co PB Ratio Historical Data

The historical data trend for Guangdong VTR Bio-Tech 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 VTR Bio-Tech Co PB Ratio Chart

Guangdong VTR Bio-Tech Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

Get a 7-Day Free Trial

1.77

1.79

2.08

1.38

Guangdong VTR Bio-Tech 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															1.60	1.29	1.38	1.38	1.03

Competitive Comparison of Guangdong VTR Bio-Tech Co's PB Ratio

For the Biotechnology subindustry, Guangdong VTR Bio-Tech 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 VTR Bio-Tech Co's PB Ratio Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Guangdong VTR Bio-Tech Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Guangdong VTR Bio-Tech Co's PB Ratio falls into.

Guangdong VTR Bio-Tech 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 VTR Bio-Tech Co's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Mar. 2024)
	=	7.68	/	5.369
	=	1.43

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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 VTR Bio-Tech Co (SZSE:300381) 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 VTR Bio-Tech Co PB Ratio Related Terms

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Guangdong VTR Bio-Tech Co (SZSE:300381) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Guangdong VTR Bio-Tech Co Ltd (SZSE:300381) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8, Pingbei 1st Road, Nanping Science and Technology Industrial Park, Guangdong Province, Zhuhai, CHN, 519060

Website

http://www.yiduoli.com

Guangdong VTR Bio-Tech Co Ltd is a China based biotechnology company. It is engaged in the research, development, production, sales and service of biopharmaceuticals, bio-enzyme preparations, microbial preparations, functional additives and green biological manufacturing engineering. The company's products include Wittler tributyrin, temperature glucose oxidase, Mildew, VTR-TH26 glucoamylase, Sorghum specific compound enzyme, and others. It sells its products in China, and also exports it to various other countries.

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