CRHKY'
s PB Ratio Range Over the Past 10 Years
Min: 0.66 Med: 4.41 Max: 10.3
Current: 3.48
During the past 13 years, China Resources Beer (Holdings) Co's highest PB Ratio was 10.30. The lowest was 0.66. And the median was 4.41.
CRHKY's PB Ratio is ranked worse than 75.49% of 204
companies
in the Beverages - Alcoholic industry
Industry Median: 1.895
vs CRHKY: 3.48
During the past 12 months, China Resources Beer (Holdings) Co's average Book Value Per Share Growth Rate was 9.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 9.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 10.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -2.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of China Resources Beer (Holdings) Co was 16.40% per year. The lowest was -33.60% per year. And the median was 9.85% per year.
Back to Basics: PB Ratio
China Resources Beer (Holdings) Co PB Ratio Historical Data
* 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.
Competitive Comparison of China Resources Beer (Holdings) Co's PB Ratio
For the Beverages - Brewers subindustry, China Resources Beer (Holdings) 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.
China Resources Beer (Holdings) Co's PB Ratio Distribution in the Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, China Resources Beer (Holdings) Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where China Resources Beer (Holdings) Co's PB Ratio falls into.
China Resources Beer (Holdings) 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.
* 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.
China Resources Beer (Holdings) Co (OTCPK:CRHKY) PB Ratio Explanation
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.
China Resources Beer (Holdings) Co PB Ratio Related Terms
Thank you for viewing the detailed overview of China Resources Beer (Holdings) Co's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
China Resources Beer (Holdings) Co (China Resources Beer (Holdings) Co) Business Description
China Resources Beer, or CR Beer, was originally a conglomerate enterprise with operations across retail, beer, food and beverage sectors. In September 2015, the company disposed of all its non-beer businesses and became a pure beer producer. Through a series of mergers and acquisitions, the company retains its leadership position in China's beer industry. Amid the premiumization trend in the domestic beer market, CR beer acquired Heineken China in 2019, which allows CR Beer access to a premium international brand and also leverages its sophisticated distribution network to grow Heineken's sales and market share. CR Beer is now China's largest brewer, with a volume share of about 24%, versus 18% of Tsingtao and 16% of Budweiser APAC, based on Euromonitor data.
China Resources Beer (Holdings) Co (China Resources Beer (Holdings) Co) Headlines
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