ZK International Group Co (ZK International Group Co) PB Ratio : 0.24 (As of May. 01, 2024)

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What is ZK International Group 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 (2024-05-01), ZK International Group Co's share price is $0.675. ZK International Group Co's Book Value per Share for the quarter that ended in Mar. 2023 was $2.85. Hence, ZK International Group Co's PB Ratio of today is 0.24.

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

ZKIN' s PB Ratio Range Over the Past 10 Years
Min: 0.15 Med: 0.55 Max: 12.26
Current: 0.24

During the past 8 years, ZK International Group Co's highest PB Ratio was 12.26. The lowest was 0.15. And the median was 0.55.

ZKIN's PB Ratio is ranked better than
95.39% of 607 companies
in the Steel industry
Industry Median: 1.01 vs ZKIN: 0.24

During the past 12 months, ZK International Group Co's average Book Value Per Share Growth Rate was -8.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 2.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 11.10% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of ZK International Group Co was 86.80% per year. The lowest was 2.00% per year. And the median was 18.70% per year.

Back to Basics: PB Ratio

ZK International Group Co PB Ratio Historical Data

The historical data trend for ZK International Group 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.

ZK International Group Co PB Ratio Chart

ZK International Group Co Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

PB Ratio

Get a 7-Day Free Trial

1.33

0.47

0.44

0.91

0.30

ZK International Group Co Semi-Annual Data
	Sep15	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23
PB Ratio	Get a 7-Day Free Trial										3.00	0.91	0.43	0.30	0.24

Competitive Comparison of ZK International Group Co's PB Ratio

For the Steel subindustry, ZK International Group 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.

ZK International Group Co's PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, ZK International Group Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where ZK International Group Co's PB Ratio falls into.

ZK International Group 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.

ZK International Group Co's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Mar. 2023)
	=	0.675	/	2.847
	=	0.24

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.

ZK International Group Co (NAS:ZKIN) 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.

ZK International Group Co PB Ratio Related Terms

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ZK International Group Co (ZK International Group Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » ZK International Group Co Ltd (NAS:ZKIN) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

C/o Zhejiang Zhengkang Industrial Co., Ltd., No. 678 Dingxiang Road, Binhai Industrial Park, Zhejiang Province, Economic and Technology Development Zone, Wenzhou, CHN, 325025

Website

https://www.zkinternationalgroup.com

ZK International Group Co Ltd is engaged in the manufacture and marketing of metal pipes. The company is specialized in producing double-press thin-walled stainless steel tube and fittings, carbon steel tube and fittings, single-press tube and fittings, and stainless-steel strip. The products are used in restaurants, hotel, hospital, firefighting, food, beverage, ship, engine, industrial seawater desalination and systems of direct-drinking water, cold /hot water supply, city water supply, gas of large/middle scale construction projects.