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China Feihe (HKSE:06186) PB Ratio : 1.43 (As of Apr. 30, 2024)


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What is China Feihe 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 (2024-04-30), China Feihe's share price is HK$4.30. China Feihe's Book Value per Share for the quarter that ended in Dec. 2023 was HK$3.01. Hence, China Feihe's PB Ratio of today is 1.43.

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

HKSE:06186' s PB Ratio Range Over the Past 10 Years
Min: 1.15   Med: 3.68   Max: 12.43
Current: 1.43

During the past 8 years, China Feihe's highest PB Ratio was 12.43. The lowest was 1.15. And the median was 3.68.

HKSE:06186's PB Ratio is ranked better than
51.92% of 1793 companies
in the Consumer Packaged Goods industry
Industry Median: 1.51 vs HKSE:06186: 1.43

During the past 12 months, China Feihe's average Book Value Per Share Growth Rate was 1.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 8.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 29.50% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of China Feihe was 75.90% per year. The lowest was 8.50% per year. And the median was 57.50% per year.

Back to Basics: PB Ratio


China Feihe PB Ratio Historical Data

The historical data trend for China Feihe'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.

China Feihe PB Ratio Chart

China Feihe Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial 5.64 7.73 3.64 2.25 1.42

China Feihe Semi-Annual Data
Dec16 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 3.64 3.13 2.25 1.48 1.42

Competitive Comparison of China Feihe's PB Ratio

For the Packaged Foods subindustry, China Feihe'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 Feihe's PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, China Feihe's PB Ratio distribution charts can be found below:

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



China Feihe 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.

China Feihe's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=4.30/3.009
=1.43

* 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 Feihe  (HKSE:06186) 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.


China Feihe PB Ratio Related Terms

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


China Feihe (HKSE:06186) Business Description

Traded in Other Exchanges
Address
10 Jiuxianqiao Road, Block C, 16th Floor, Star City International Building, Chaoyang District, Beijing, CHN, 100016
Feihe is the number one infant milk formula company in China, with a premium market positioning among domestic and foreign competing brands. The company utilizes the flagship Astrobaby lineup to promote its "more suitable for Chinese babies" proposition. It has a nationwide distributor network covering maternity stores, supermarkets and traditional retailers, as well as a direct sales network in e-commerce.

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