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CIMC Enric Holdings (CIMC Enric Holdings) PB Ratio : 1.25 (As of May. 01, 2024)


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What is CIMC Enric Holdings 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), CIMC Enric Holdings's share price is $0.973. CIMC Enric Holdings's Book Value per Share for the quarter that ended in Jun. 2023 was $0.78. Hence, CIMC Enric Holdings's PB Ratio of today is 1.25.

Good Sign:

CIMC Enric Holdings Ltd stock PB Ratio (=1.26) is close to 3-year low of 1.23

The historical rank and industry rank for CIMC Enric Holdings's PB Ratio or its related term are showing as below:

CIMEF' s PB Ratio Range Over the Past 10 Years
Min: 0.78   Med: 1.64   Max: 4.89
Current: 1.26

During the past 13 years, CIMC Enric Holdings's highest PB Ratio was 4.89. The lowest was 0.78. And the median was 1.64.

CIMEF's PB Ratio is ranked worse than
51.87% of 989 companies
in the Oil & Gas industry
Industry Median: 1.24 vs CIMEF: 1.26

During the past 12 months, CIMC Enric Holdings's average Book Value Per Share Growth Rate was 4.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 8.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 8.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 4.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of CIMC Enric Holdings was 97.30% per year. The lowest was -27.20% per year. And the median was 10.50% per year.

Back to Basics: PB Ratio


CIMC Enric Holdings PB Ratio Historical Data

The historical data trend for CIMC Enric Holdings'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.

CIMC Enric Holdings PB Ratio Chart

CIMC Enric Holdings 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 1.56 1.17 2.21 1.45 1.13

CIMC Enric Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 2.21 1.70 1.45 1.35 1.13

Competitive Comparison of CIMC Enric Holdings's PB Ratio

For the Oil & Gas Equipment & Services subindustry, CIMC Enric Holdings'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.


CIMC Enric Holdings's PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, CIMC Enric Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where CIMC Enric Holdings's PB Ratio falls into.



CIMC Enric Holdings 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.

CIMC Enric Holdings's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2023)
=0.973/0.776
=1.25

* 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.


CIMC Enric Holdings  (OTCPK:CIMEF) 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.


CIMC Enric Holdings PB Ratio Related Terms

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


CIMC Enric Holdings (CIMC Enric Holdings) Business Description

Traded in Other Exchanges
Address
CIMC R&D Center, third floor, No. 2 Gangwan Avenue, Shekou Industrial Zone, Nanshan District, Guangdong, Shenzhen, CHN
CIMC Enric Holdings Ltd is engaged in the design, development, manufacturing, engineering, and sales of transportation, storage, and processing equipment. It is also involved in the provision of technical maintenance services. The company operates through three segments. The clean energy segment specializes in the manufacture and sale of a wide range of equipment for the storage, transportation, processing, and distribution of natural gas. Chemical and environmental segment specializes in the manufacture and sale of a wide range of equipment, such as tank containers, for the storage and transportation of liquefied or gasified chemicals. The liquid food segment specializes in the engineering, manufacture, and sale of stainless-steel tanks for storage and processing liquid food.

CIMC Enric Holdings (CIMC Enric Holdings) Headlines