Shanghai Electric Group Co (Shanghai Electric Group Co) PB Ratio : 0.48 (As of Apr. 24, 2024)

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What is Shanghai Electric Group 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 (2024-04-24), Shanghai Electric Group Co's share price is $4.60. Shanghai Electric Group Co's Book Value per Share for the quarter that ended in Dec. 2023 was $9.49. Hence, Shanghai Electric Group Co's PB Ratio of today is 0.48.

The historical rank and industry rank for Shanghai Electric Group Co's PB Ratio or its related term are showing as below:

SIELY' s PB Ratio Range Over the Past 10 Years
Min: 0.94 Med: 1.39 Max: 7.82
Current: 1.52

During the past 13 years, Shanghai Electric Group Co's highest PB Ratio was 7.82. The lowest was 0.94. And the median was 1.39.

SIELY's PB Ratio is ranked better than
67.43% of 2926 companies
in the Industrial Products industry
Industry Median: 1.89 vs SIELY: 1.52

During the past 12 months, Shanghai Electric Group Co's average Book Value Per Share Growth Rate was -3.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -8.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -3.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 3.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Shanghai Electric Group Co was 12.50% per year. The lowest was -8.20% per year. And the median was 8.55% per year.

Back to Basics: PB Ratio

Shanghai Electric Group Co PB Ratio Historical Data

The historical data trend for Shanghai Electric Group 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.

Shanghai Electric Group Co PB Ratio Chart

Shanghai Electric Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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0.51

0.42

0.52

0.45

0.43

Shanghai Electric Group Co 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															0.45	0.44	0.48	0.45	0.43

Competitive Comparison of Shanghai Electric Group Co's PB Ratio

For the Specialty Industrial Machinery subindustry, Shanghai Electric Group 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.

Shanghai Electric Group Co's PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shanghai Electric Group Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Shanghai Electric Group Co's PB Ratio falls into.

Shanghai Electric Group 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.

Shanghai Electric Group Co's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	4.60	/	9.492
	=	0.48

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.

Shanghai Electric Group Co (OTCPK:SIELY) 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.

Shanghai Electric Group Co PB Ratio Related Terms

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Shanghai Electric Group Co (Shanghai Electric Group Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shanghai Electric Group Co Ltd (OTCPK:SIELY) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

SIELF:USA 02727:Hong Kong USR:Germany 601727:China

Address

No. 110 Sichuan Middle Road, Huangpu District, Shanghai, CHN, 200002

Website

https://www.shanghai-electric.com

Shanghai Electric Group Co Ltd is an integrated equipment manufacturing group specializing in industrial equipment. Its products include thermal generator sets, nuclear power units, wind power equipment, power T&D equipment, environmental protection equipment, automation equipment, elevators, rail transit, and Industrial Internet. The operating segments are energy equipment, industrial equipment, and integrated services segments, with maximum revenue from the energy equipment segment.