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Poly Plastic Masterbatch (SuZhou) Co (SZSE:300905) PB Ratio : 2.46 (As of Jan. 18, 2025)


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What is Poly Plastic Masterbatch (SuZhou) 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 (2025-01-18), Poly Plastic Masterbatch (SuZhou) Co's share price is ¥25.35. Poly Plastic Masterbatch (SuZhou) Co's Book Value per Share for the quarter that ended in Sep. 2024 was ¥10.29. Hence, Poly Plastic Masterbatch (SuZhou) Co's PB Ratio of today is 2.46.

The historical rank and industry rank for Poly Plastic Masterbatch (SuZhou) Co's PB Ratio or its related term are showing as below:

SZSE:300905' s PB Ratio Range Over the Past 10 Years
Min: 1.08   Med: 2.28   Max: 16.82
Current: 2.46

During the past 8 years, Poly Plastic Masterbatch (SuZhou) Co's highest PB Ratio was 16.82. The lowest was 1.08. And the median was 2.28.

SZSE:300905's PB Ratio is ranked worse than
67.9% of 1536 companies
in the Chemicals industry
Industry Median: 1.6 vs SZSE:300905: 2.46

During the past 12 months, Poly Plastic Masterbatch (SuZhou) Co's average Book Value Per Share Growth Rate was 2.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 32.30% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Poly Plastic Masterbatch (SuZhou) Co was 64.70% per year. The lowest was 5.60% per year. And the median was 42.60% per year.

Back to Basics: PB Ratio


Poly Plastic Masterbatch (SuZhou) Co PB Ratio Historical Data

The historical data trend for Poly Plastic Masterbatch (SuZhou) 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.

Poly Plastic Masterbatch (SuZhou) Co PB Ratio Chart

Poly Plastic Masterbatch (SuZhou) Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial - 3.25 2.85 1.69 1.89

Poly Plastic Masterbatch (SuZhou) 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 2.02 1.89 1.38 2.80 3.01

Competitive Comparison of Poly Plastic Masterbatch (SuZhou) Co's PB Ratio

For the Specialty Chemicals subindustry, Poly Plastic Masterbatch (SuZhou) 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.


Poly Plastic Masterbatch (SuZhou) Co's PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Poly Plastic Masterbatch (SuZhou) Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Poly Plastic Masterbatch (SuZhou) Co's PB Ratio falls into.



Poly Plastic Masterbatch (SuZhou) 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.

Poly Plastic Masterbatch (SuZhou) Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=25.35/10.289
=2.46

* 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.


Poly Plastic Masterbatch (SuZhou) Co  (SZSE:300905) 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.


Poly Plastic Masterbatch (SuZhou) Co PB Ratio Related Terms

Thank you for viewing the detailed overview of Poly Plastic Masterbatch (SuZhou) Co's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Poly Plastic Masterbatch (SuZhou) Co Business Description

Traded in Other Exchanges
N/A
Address
Xiangcheng District, Shiqiao Village, Beiqiao Town, Jiangsu Province, Suzhou, CHN, 215144
Poly Plastic Masterbatch (SuZhou) Co Ltd is engaged in manufacturing and sales of chemical fiber masterbatch used for dope dyed yarn and additive materials, and provide technology support for customers' product application. The company's main products include Polyester Masterbatch and Nylon Masterbatch.
Executives
Yuan Xiao Feng Directors, executives
Zhu Jian Guo Directors, executives
Gong Fu Ming Directors, executives

Poly Plastic Masterbatch (SuZhou) Co Headlines

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