GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Harbin Sayyas Windows Co Ltd (SZSE:301227) » Definitions » PB Ratio

Harbinyyas Windows Co (SZSE:301227) PB Ratio : 1.22 (As of May. 24, 2024)


View and export this data going back to 2022. Start your Free Trial

What is Harbinyyas Windows 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 (2024-05-24), Harbinyyas Windows Co's share price is ¥23.10. Harbinyyas Windows Co's Book Value per Share for the quarter that ended in Mar. 2024 was ¥18.94. Hence, Harbinyyas Windows Co's PB Ratio of today is 1.22.

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

SZSE:301227' s PB Ratio Range Over the Past 10 Years
Min: 1.06   Med: 1.5   Max: 1.92
Current: 1.22

During the past 13 years, Harbinyyas Windows Co's highest PB Ratio was 1.92. The lowest was 1.06. And the median was 1.50.

SZSE:301227's PB Ratio is ranked better than
50.65% of 1625 companies
in the Construction industry
Industry Median: 1.23 vs SZSE:301227: 1.22

During the past 12 months, Harbinyyas Windows Co's average Book Value Per Share Growth Rate was 0.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 23.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 23.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 15.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Harbinyyas Windows Co was 39.00% per year. The lowest was 4.60% per year. And the median was 16.20% per year.

Back to Basics: PB Ratio


Harbinyyas Windows Co PB Ratio Historical Data

The historical data trend for Harbinyyas Windows 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.

Harbinyyas Windows Co PB Ratio Chart

Harbinyyas Windows 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 - - - 1.63 1.39

Harbinyyas Windows Co Quarterly Data
Jun18 Dec18 Jun19 Dec19 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 1.53 1.51 1.54 1.39 1.39

Competitive Comparison of Harbinyyas Windows Co's PB Ratio

For the Building Products & Equipment subindustry, Harbinyyas Windows 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.


Harbinyyas Windows Co's PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Harbinyyas Windows Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Harbinyyas Windows Co's PB Ratio falls into.



Harbinyyas Windows 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.

Harbinyyas Windows Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=23.10/18.94
=1.22

* 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.


Harbinyyas Windows Co  (SZSE:301227) 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.


Harbinyyas Windows Co PB Ratio Related Terms

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


Harbinyyas Windows Co (SZSE:301227) Business Description

Traded in Other Exchanges
N/A
Address
No. 9, Xinnong Road, Wanggang Town, Nangang District, Heilongjiang Province, Harbin, CHN, 150088
Harbin Sayyas Windows Co Ltd is engaged in the research and development, design, production and sales of customized energy-saving aluminum-clad wooden windows.
Executives
Liu Chu Jie Directors, executives

Harbinyyas Windows Co (SZSE:301227) Headlines

No Headlines