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Qilian International Holding Group (Qilian International Holding Group) PB Ratio : 0.63 (As of Apr. 29, 2024)


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What is Qilian International Holding Group 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 (2024-04-29), Qilian International Holding Group's share price is $0.7486. Qilian International Holding Group's Book Value per Share for the quarter that ended in Sep. 2023 was $1.20. Hence, Qilian International Holding Group's PB Ratio of today is 0.63.

The historical rank and industry rank for Qilian International Holding Group's PB Ratio or its related term are showing as below:

QLI' s PB Ratio Range Over the Past 10 Years
Min: 0.33   Med: 1.01   Max: 11.73
Current: 0.63

During the past 7 years, Qilian International Holding Group's highest PB Ratio was 11.73. The lowest was 0.33. And the median was 1.01.

QLI's PB Ratio is ranked better than
90.54% of 962 companies
in the Drug Manufacturers industry
Industry Median: 1.925 vs QLI: 0.63

During the past 12 months, Qilian International Holding Group's average Book Value Per Share Growth Rate was -19.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 17.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 28.00% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Qilian International Holding Group was 51.90% per year. The lowest was 17.10% per year. And the median was 35.10% per year.

Back to Basics: PB Ratio


Qilian International Holding Group PB Ratio Historical Data

The historical data trend for Qilian International Holding Group'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.

Qilian International Holding Group PB Ratio Chart

Qilian International Holding Group Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
PB Ratio
Get a 7-Day Free Trial - - 2.63 0.80 0.66

Qilian International Holding Group Semi-Annual Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.63 1.10 0.80 0.88 0.66

Competitive Comparison of Qilian International Holding Group's PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Qilian International Holding Group'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.


Qilian International Holding Group's PB Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Qilian International Holding Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where Qilian International Holding Group's PB Ratio falls into.



Qilian International Holding Group 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.

Qilian International Holding Group's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2023)
=0.7486/1.197
=0.63

* 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.


Qilian International Holding Group  (NAS:QLI) 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.


Qilian International Holding Group PB Ratio Related Terms

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


Qilian International Holding Group (Qilian International Holding Group) Business Description

Traded in Other Exchanges
N/A
Address
Jiuquan Economic and Technological Development Zone, Gansu Province, Jiuquan, CHN, 735000
Qilian International Holding Group Ltd is a pharmaceutical and chemical company. The company is engaged in the development, manufacture, marketing, and sale of licorice products, oxytetracycline products, traditional Chinese medicine derivatives products, heparin products, sausage casings, and fertilizers. It operates through three segments namely, Oxytetracycline and Licorice products and TCMD; Fertilizer; and Heparin products and Sausage casing. Oxytetracycline and Licorice products and TCMD segment generates majority of the revenue.

Qilian International Holding Group (Qilian International Holding Group) Headlines

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