Hichain Logistics Co (SZSE:300873) PB Ratio : 1.30 (As of Jun. 01, 2024)

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What is Hichain Logistics 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 (2024-06-01), Hichain Logistics Co's share price is ¥16.39. Hichain Logistics Co's Book Value per Share for the quarter that ended in Mar. 2024 was ¥12.58. Hence, Hichain Logistics Co's PB Ratio of today is 1.30.

Good Sign:

Hichain Logistics Co Ltd stock PB Ratio (=1.23) is close to 5-year low of 1.23

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

SZSE:300873' s PB Ratio Range Over the Past 10 Years
Min: 1.23 Med: 2.86 Max: 9.48
Current: 1.3

During the past 8 years, Hichain Logistics Co's highest PB Ratio was 9.48. The lowest was 1.23. And the median was 2.86.

SZSE:300873's PB Ratio is ranked better than
51.55% of 933 companies
in the Transportation industry
Industry Median: 1.32 vs SZSE:300873: 1.30

During the past 12 months, Hichain Logistics Co's average Book Value Per Share Growth Rate was 7.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 14.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 31.60% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Hichain Logistics Co was 41.40% per year. The lowest was 13.00% per year. And the median was 40.20% per year.

Back to Basics: PB Ratio

Hichain Logistics Co PB Ratio Historical Data

The historical data trend for Hichain Logistics 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.

Hichain Logistics Co PB Ratio Chart

Hichain Logistics Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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3.23

3.20

2.37

1.93

Hichain Logistics 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															2.52	1.67	1.50	1.93	1.50

Competitive Comparison of Hichain Logistics Co's PB Ratio

For the Integrated Freight & Logistics subindustry, Hichain Logistics 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.

Hichain Logistics Co's PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Hichain Logistics Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Hichain Logistics Co's PB Ratio falls into.

Hichain Logistics 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.

Hichain Logistics Co's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Mar. 2024)
	=	16.39	/	12.579
	=	1.30

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.

Hichain Logistics Co (SZSE:300873) 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.

Hichain Logistics Co PB Ratio Related Terms

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Hichain Logistics Co (SZSE:300873) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Hichain Logistics Co Ltd (SZSE:300873) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

111 Quanhai Road, Wujiang Economic and Technological Development Zone, Jiangsu Province, Suzhou, CHN, 215200

Website

http://www.hichain.com

Hichain Logistics Co Ltd is a provider of all-round and integrated modern integrated logistics services for related enterprises in the electronic information industry. The company provides comprehensive logistics solutions integrating transportation, warehousing, customs and other value-added services for technology manufacturing enterprises. Its services include Road Transportation; Intelligent Warehousing; Customs Brokerage; Integrated Zone Service; and International Freight Forwarding.

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