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Leshan Giantstar Farming & Husbandry (SHSE:603477) PB Ratio : 5.78 (As of Apr. 30, 2024)


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What is Leshan Giantstar Farming & Husbandry 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 (2024-04-30), Leshan Giantstar Farming & Husbandry's share price is ¥34.82. Leshan Giantstar Farming & Husbandry's Book Value per Share for the quarter that ended in Dec. 2023 was ¥6.02. Hence, Leshan Giantstar Farming & Husbandry's PB Ratio of today is 5.78.

Warning Sign:

Leshan Giantstar Farming & Husbandry Corp Ltd stock PB Ratio (=5.74) is close to 10-year high of 6.07

The historical rank and industry rank for Leshan Giantstar Farming & Husbandry's PB Ratio or its related term are showing as below:

SHSE:603477' s PB Ratio Range Over the Past 10 Years
Min: 1.41   Med: 3.42   Max: 6.07
Current: 5.78

During the past 10 years, Leshan Giantstar Farming & Husbandry's highest PB Ratio was 6.07. The lowest was 1.41. And the median was 3.42.

SHSE:603477's PB Ratio is ranked worse than
91.26% of 1007 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.25 vs SHSE:603477: 5.78

During the past 12 months, Leshan Giantstar Farming & Husbandry's average Book Value Per Share Growth Rate was -17.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 15.50% per year.

During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of Leshan Giantstar Farming & Husbandry was 36.30% per year. The lowest was 1.90% per year. And the median was 19.50% per year.

Back to Basics: PB Ratio


Leshan Giantstar Farming & Husbandry PB Ratio Historical Data

The historical data trend for Leshan Giantstar Farming & Husbandry'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.

Leshan Giantstar Farming & Husbandry PB Ratio Chart

Leshan Giantstar Farming & Husbandry Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.40 1.92 2.38 3.36 6.22

Leshan Giantstar Farming & Husbandry 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 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 3.36 4.43 5.12 4.21 6.22

Competitive Comparison of Leshan Giantstar Farming & Husbandry's PB Ratio

For the Footwear & Accessories subindustry, Leshan Giantstar Farming & Husbandry'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.


Leshan Giantstar Farming & Husbandry's PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Leshan Giantstar Farming & Husbandry's PB Ratio distribution charts can be found below:

* The bar in red indicates where Leshan Giantstar Farming & Husbandry's PB Ratio falls into.



Leshan Giantstar Farming & Husbandry 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.

Leshan Giantstar Farming & Husbandry's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=34.82/6.021
=5.78

* 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.


Leshan Giantstar Farming & Husbandry  (SHSE:603477) 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.


Leshan Giantstar Farming & Husbandry PB Ratio Related Terms

Thank you for viewing the detailed overview of Leshan Giantstar Farming & Husbandry's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Leshan Giantstar Farming & Husbandry (SHSE:603477) Business Description

Traded in Other Exchanges
N/A
Address
Xinhua Village, Zhugen Town, Wutongqiao District, Sichuan Province, Leshan, CHN, 614800
Leshan Giantstar Farming & Husbandry Corp Ltd, formerly Sichuan Zhenjing Corp Ltd manufactures and distributes leather products. The company produces and sells leather cases, leather car seats, decoration leather, and other products.

Leshan Giantstar Farming & Husbandry (SHSE:603477) Headlines

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