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Postalvings Bank Of China Co (Postalvings Bank Of China Co) PB Ratio : 0.38 (As of Apr. 25, 2024)


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What is Postalvings Bank Of China Co 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), Postalvings Bank Of China Co's share price is $10.3245. Postalvings Bank Of China Co's Book Value per Share for the quarter that ended in Dec. 2023 was $26.97. Hence, Postalvings Bank Of China Co's PB Ratio of today is 0.38.

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

PSTVY' s PB Ratio Range Over the Past 10 Years
Min: 0.32   Med: 0.4   Max: 0.55
Current: 0.38

During the past 9 years, Postalvings Bank Of China Co's highest PB Ratio was 0.55. The lowest was 0.32. And the median was 0.40.

PSTVY's PB Ratio is ranked better than
88.55% of 1459 companies
in the Banks industry
Industry Median: 0.85 vs PSTVY: 0.38

During the past 12 months, Postalvings Bank Of China Co's average Book Value Per Share Growth Rate was 5.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 7.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 13.10% per year.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Postalvings Bank Of China Co was 18.30% per year. The lowest was 7.40% per year. And the median was 14.55% per year.

Back to Basics: PB Ratio


Postalvings Bank Of China Co PB Ratio Historical Data

The historical data trend for Postalvings Bank Of China Co'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.

Postalvings Bank Of China Co PB Ratio Chart

Postalvings Bank Of China Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only 0.70 0.52 0.58 0.48 0.35

Postalvings Bank Of China Co Quarterly Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 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 - 0.48 0.49 0.39 0.35

Competitive Comparison of Postalvings Bank Of China Co's PB Ratio

For the Banks - Regional subindustry, Postalvings Bank Of China 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.


Postalvings Bank Of China Co's PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Postalvings Bank Of China Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Postalvings Bank Of China Co's PB Ratio falls into.



Postalvings Bank Of China 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.

Postalvings Bank Of China Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=10.3245/26.973
=0.38

* 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.


Postalvings Bank Of China Co  (OTCPK:PSTVY) 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.


Postalvings Bank Of China Co PB Ratio Related Terms

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Postalvings Bank Of China Co (Postalvings Bank Of China Co) Business Description

Address
248 Queen’s Road East, 40th Floor, Dah Sing Financial Centre, Wan Chai, Hong Kong, HKG
Postal Savings Bank of China is headquartered in Beijing. The bank is the fifth-largest commercial bank in China by deposits. The bank was established in 2007 as the postal savings and remittance business of its parent, China Post Group. The bank completed its joint-stock reform in 2012. The bank got listed on Hong Kong and Shanghai stock exchanges in 2016 and 2019 respectively. It boasts over 500 million individual customers and more than 40,000 outlets, which are among the largest customer bases and distribution networks in China.

Postalvings Bank Of China Co (Postalvings Bank Of China Co) Headlines

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