Fortune Valley Treasures (Fortune Valley Treasures) PB Ratio : 7.48 (As of Apr. 25, 2024)

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What is Fortune Valley Treasures 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 (2024-04-25), Fortune Valley Treasures's share price is $1.01. Fortune Valley Treasures's Book Value per Share for the quarter that ended in Dec. 2023 was $0.14. Hence, Fortune Valley Treasures's PB Ratio of today is 7.48.

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

FVTI' s PB Ratio Range Over the Past 10 Years
Min: 3.27 Med: 10.57 Max: 228.51
Current: 7.21

During the past 9 years, Fortune Valley Treasures's highest PB Ratio was 228.51. The lowest was 3.27. And the median was 10.57.

FVTI's PB Ratio is ranked worse than
91.13% of 203 companies
in the Beverages - Alcoholic industry
Industry Median: 1.87 vs FVTI: 7.21

During the past 12 months, Fortune Valley Treasures's average Book Value Per Share Growth Rate was -66.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -33.00% per year.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Fortune Valley Treasures was -10.80% per year. The lowest was -33.00% per year. And the median was -21.90% per year.

Back to Basics: PB Ratio

Fortune Valley Treasures PB Ratio Historical Data

The historical data trend for Fortune Valley Treasures'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.

Fortune Valley Treasures PB Ratio Chart

Fortune Valley Treasures Annual Data

Trend

Aug15

Aug16

Aug17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

Get a 7-Day Free Trial

91.31

9.50

10.49

18.52

Fortune Valley Treasures Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio	Get a 7-Day Free Trial															10.49	10.57	10.96	6.51	18.52

Competitive Comparison of Fortune Valley Treasures's PB Ratio

For the Beverages - Wineries & Distilleries subindustry, Fortune Valley Treasures'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.

Fortune Valley Treasures's PB Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Fortune Valley Treasures's PB Ratio distribution charts can be found below:

* The bar in red indicates where Fortune Valley Treasures's PB Ratio falls into.

Fortune Valley Treasures 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.

Fortune Valley Treasures's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	1.01	/	0.135
	=	7.48

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.

Fortune Valley Treasures (OTCPK:FVTI) 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.

Fortune Valley Treasures PB Ratio Related Terms

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

Fortune Valley Treasures (Fortune Valley Treasures) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Fortune Valley Treasures Inc (OTCPK:FVTI) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 139 Liansheng Road, B1601 Oriental Impression Building 2, Humen Town, Dongguan, Guangdong, CHN, 523900

Website

http://www.fvti.show

Fortune Valley Treasures Inc is engaged in operations of wholesale distribution and retail sales of food and beverage products in the People's Republic of China. The company is into acquiring businesses that are in the food, beverage, and alcohol industries. Its products include a variety of wines, such as dry red wine, dry white wine, rose wine, and sweet wine, and other products. Its products are sold to retailers, such as wine shops, convenience stores, and supermarkets.

Executives

Kaihong Lin	director, officer: CFO, Treasurer, Director	NO. 10 OF TUANJIE 2ND ROAD, BEICE, HUMEN, DONGGUAN, GUANGDONG F4 518000
Xinlong Shen	director, officer: CEO, CFO	19F, LIANHE TOWER, 1069 NANHAI AVE,, NANSHAN DISTRICT, SHENZHEN F4 518000

Fortune Valley Treasures (Fortune Valley Treasures) Headlines

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