Chongqing Brewery Co (SHSE:600132) PB Ratio : 15.04 (As of Apr. 28, 2024)

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What is Chongqing Brewery 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 (2024-04-28), Chongqing Brewery Co's share price is ¥66.50. Chongqing Brewery Co's Book Value per Share for the quarter that ended in Dec. 2023 was ¥4.42. Hence, Chongqing Brewery Co's PB Ratio of today is 15.04.

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

SHSE:600132' s PB Ratio Range Over the Past 10 Years
Min: 4.31 Med: 11.75 Max: 134
Current: 15.04

During the past 13 years, Chongqing Brewery Co's highest PB Ratio was 134.00. The lowest was 4.31. And the median was 11.75.

SHSE:600132's PB Ratio is ranked worse than
98.52% of 203 companies
in the Beverages - Alcoholic industry
Industry Median: 1.9 vs SHSE:600132: 15.04

During the past 12 months, Chongqing Brewery Co's average Book Value Per Share Growth Rate was 4.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 54.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 11.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 3.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Chongqing Brewery Co was 54.10% per year. The lowest was -20.50% per year. And the median was 3.80% per year.

Back to Basics: PB Ratio

Chongqing Brewery Co PB Ratio Historical Data

The historical data trend for Chongqing Brewery 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.

Chongqing Brewery Co PB Ratio Chart

Chongqing Brewery Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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10.42

98.42

41.74

29.98

15.03

Chongqing Brewery 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															29.98	24.75	27.01	19.28	15.03

Competitive Comparison of Chongqing Brewery Co's PB Ratio

For the Beverages - Brewers subindustry, Chongqing Brewery 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.

Chongqing Brewery Co's PB Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Chongqing Brewery Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Chongqing Brewery Co's PB Ratio falls into.

Chongqing Brewery 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.

Chongqing Brewery Co's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	66.50	/	4.422
	=	15.04

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.

Chongqing Brewery Co (SHSE:600132) 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.

Chongqing Brewery Co PB Ratio Related Terms

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

Chongqing Brewery Co (SHSE:600132) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Chongqing Brewery Co Ltd (SHSE:600132) » Definitions » PB Ratio

Traded in Other Exchanges

N/A

Address

No. 16 Shiyang Road, Shiqiaopu, Jiulongpo District, Chongqing, Chongqing, CHN, 400039

Website

http://www.chongqingbeer.com

Established in 1958 in Chongqing city, Chongqing Brewery is one of the major beer brewers in China. The company distributes a beer portfolio consisting international brands, such as Carlsberg, Tuborg, 1664, and domestic brands such as Chongqing. In 2013, the company became a subsidiary of Carlsberg Group after the latter acquired a 60% stake in the company. It became the sole operating platform of Carlsberg Group's China business in 2020, after the group injected all its China beer assets into Chongqing Brewery.

Chongqing Brewery Co (SHSE:600132) Headlines

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