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Fanhua (Fanhua) PB Ratio : 0.67 (As of Apr. 27, 2024)


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What is Fanhua 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 (2024-04-27), Fanhua's share price is $3.42. Fanhua's Book Value per Share for the quarter that ended in Sep. 2023 was $5.10. Hence, Fanhua's PB Ratio of today is 0.67.

Good Sign:

Fanhua Inc stock PB Ratio (=0.69) is close to 5-year low of 0.69

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

FANH' s PB Ratio Range Over the Past 10 Years
Min: 0.43   Med: 1.24   Max: 4.89
Current: 0.67

During the past 13 years, Fanhua's highest PB Ratio was 4.89. The lowest was 0.43. And the median was 1.24.

FANH's PB Ratio is ranked better than
80.33% of 483 companies
in the Insurance industry
Industry Median: 1.21 vs FANH: 0.67

During the past 12 months, Fanhua's average Book Value Per Share Growth Rate was 23.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -5.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -10.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -8.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Fanhua was 76.80% per year. The lowest was -16.70% per year. And the median was 1.40% per year.

Back to Basics: PB Ratio


Fanhua PB Ratio Historical Data

The historical data trend for Fanhua'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.

Fanhua PB Ratio Chart

Fanhua Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.18 4.40 2.00 1.18 1.70

Fanhua Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 1.21 1.70 1.82 1.75 1.41

Competitive Comparison of Fanhua's PB Ratio

For the Insurance Brokers subindustry, Fanhua'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.


Fanhua's PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Fanhua's PB Ratio distribution charts can be found below:

* The bar in red indicates where Fanhua's PB Ratio falls into.



Fanhua 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.

Fanhua's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2023)
=3.42/5.104
=0.67

* 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.


Fanhua  (NAS:FANH) 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.


Fanhua PB Ratio Related Terms

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


Fanhua (Fanhua) Business Description

Traded in Other Exchanges
Address
No.15 West Zhujiang Road, 60th Floor, Pearl River Tower, Guangdong, Guangzhou, CHN, 510623
Fanhua Inc is an independent insurance intermediary company operating in China. The company sells insurance product offerings from various insurance companies through their online platforms Lan Zhanggui, Baowang, and eHuzhu. The company's segments include the insurance agency segment, which mainly consists of providing agency services for distributing life insurance products and P&C insurance products on behalf of insurance companies; and the claims adjusting segment, which consists of providing pre-underwriting survey services, claim adjusting services, disposal of residual value services, loading and unloading supervision services, and consulting services. The insurance agency segment contributes to the majority of the revenue. The company generates all of its revenues from China.