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Anhui Zhonghuan Environmental Protection Technology Co (SZSE:300692) PB Ratio : 1.33 (As of Dec. 12, 2024)


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What is Anhui Zhonghuan Environmental Protection Technology 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 (2024-12-12), Anhui Zhonghuan Environmental Protection Technology Co's share price is ¥7.13. Anhui Zhonghuan Environmental Protection Technology Co's Book Value per Share for the quarter that ended in Sep. 2024 was ¥5.37. Hence, Anhui Zhonghuan Environmental Protection Technology Co's PB Ratio of today is 1.33.

The historical rank and industry rank for Anhui Zhonghuan Environmental Protection Technology Co's PB Ratio or its related term are showing as below:

SZSE:300692' s PB Ratio Range Over the Past 10 Years
Min: 0.79   Med: 1.9   Max: 10.22
Current: 1.33

During the past 11 years, Anhui Zhonghuan Environmental Protection Technology Co's highest PB Ratio was 10.22. The lowest was 0.79. And the median was 1.90.

SZSE:300692's PB Ratio is ranked better than
55.93% of 236 companies
in the Waste Management industry
Industry Median: 1.625 vs SZSE:300692: 1.33

During the past 12 months, Anhui Zhonghuan Environmental Protection Technology Co's average Book Value Per Share Growth Rate was -0.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 7.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 18.00% per year.

During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Anhui Zhonghuan Environmental Protection Technology Co was 26.70% per year. The lowest was 7.50% per year. And the median was 22.30% per year.

Back to Basics: PB Ratio


Anhui Zhonghuan Environmental Protection Technology Co PB Ratio Historical Data

The historical data trend for Anhui Zhonghuan Environmental Protection Technology 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.

Anhui Zhonghuan Environmental Protection Technology Co PB Ratio Chart

Anhui Zhonghuan Environmental Protection Technology 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 2.22 1.92 1.82 1.17 1.17

Anhui Zhonghuan Environmental Protection Technology 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 1.23 1.17 1.01 0.88 0.99

Competitive Comparison of Anhui Zhonghuan Environmental Protection Technology Co's PB Ratio

For the Waste Management subindustry, Anhui Zhonghuan Environmental Protection Technology 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.


Anhui Zhonghuan Environmental Protection Technology Co's PB Ratio Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Anhui Zhonghuan Environmental Protection Technology Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Anhui Zhonghuan Environmental Protection Technology Co's PB Ratio falls into.



Anhui Zhonghuan Environmental Protection Technology 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.

Anhui Zhonghuan Environmental Protection Technology Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=7.13/5.366
=1.33

* 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.


Anhui Zhonghuan Environmental Protection Technology Co  (SZSE:300692) 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.


Anhui Zhonghuan Environmental Protection Technology Co PB Ratio Related Terms

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Anhui Zhonghuan Environmental Protection Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Fuyang North Road, Zhongzheng International Plaza, No. 948, Room 1608, Building 1, Anhui Province, Hefei, CHN, 230051
Anhui Zhonghuan Environmental Protection Technology Co Ltd is an integrated service provider for urban sewage treatment and industrial wastewater treatment. The company provide system-wide services including research and development, design consultation, engineering construction, investment and operation including technical processes and products related to sewage treatment. The company's sewage treatment business is divided into urban sewage treatment business and industrial wastewater treatment business.
Executives
Zhang Bo Xiong Director

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