China Shipbuilding Industry (SHSE:601989) PB Ratio : 1.35 (As of Apr. 27, 2024)

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What is China Shipbuilding Industry 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 (2024-04-27), China Shipbuilding Industry's share price is ¥4.94. China Shipbuilding Industry's Book Value per Share for the quarter that ended in Sep. 2023 was ¥3.67. Hence, China Shipbuilding Industry's PB Ratio of today is 1.35.

The historical rank and industry rank for China Shipbuilding Industry's PB Ratio or its related term are showing as below:

SHSE:601989' s PB Ratio Range Over the Past 10 Years
Min: 0.92 Med: 1.43 Max: 5.58
Current: 1.35

During the past 13 years, China Shipbuilding Industry's highest PB Ratio was 5.58. The lowest was 0.92. And the median was 1.43.

SHSE:601989's PB Ratio is ranked better than
77.62% of 286 companies
in the Aerospace & Defense industry
Industry Median: 2.585 vs SHSE:601989: 1.35

During the past 12 months, China Shipbuilding Industry's average Book Value Per Share Growth Rate was -0.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -0.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 1.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 2.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of China Shipbuilding Industry was 63.50% per year. The lowest was -1.90% per year. And the median was 3.35% per year.

Back to Basics: PB Ratio

China Shipbuilding Industry PB Ratio Historical Data

The historical data trend for China Shipbuilding Industry'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.

China Shipbuilding Industry PB Ratio Chart

China Shipbuilding Industry Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

PB Ratio

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1.15

1.40

1.12

1.13

0.95

China Shipbuilding Industry Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
PB Ratio	Get a 7-Day Free Trial															0.92	0.95	1.03	1.31	1.14

Competitive Comparison of China Shipbuilding Industry's PB Ratio

For the Aerospace & Defense subindustry, China Shipbuilding Industry'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.

China Shipbuilding Industry's PB Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, China Shipbuilding Industry's PB Ratio distribution charts can be found below:

* The bar in red indicates where China Shipbuilding Industry's PB Ratio falls into.

China Shipbuilding Industry 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.

China Shipbuilding Industry's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2023)
	=	4.94	/	3.665
	=	1.35

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.

China Shipbuilding Industry (SHSE:601989) 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.

China Shipbuilding Industry PB Ratio Related Terms

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

China Shipbuilding Industry (SHSE:601989) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » China Shipbuilding Industry Corp (SHSE:601989) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 72, Hunan Road, Kunming, Haidian District, Beijing, CHN, 100097

Website

http://www.csicl.com.cn

China Shipbuilding Industry Corp is engaged in the designing, manufacturing and repairing of ships. The company also manufactures marine defense and marine development equipment, marine transportation equipment, deep-sea equipment and ship repair and modification, ship supporting and electromechanical equipment, military-civilian integration strategy emerging industries. The main developer and supplier of domestic naval equipment is responsible for the manufacturing of naval main battle equipment and core ancillary equipment such as aircraft carriers, surface ships, conventional submarines, and underwater weapons.

China Shipbuilding Industry (SHSE:601989) Headlines

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