Anhui Huaertai Chemical Co (SZSE:001217) PB Ratio

: 1.95 (As of Today)

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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 (2023-03-30), Anhui Huaertai Chemical Co's share price is ¥12.22. Anhui Huaertai Chemical Co's Book Value per Share for the quarter that ended in Dec. 2022 was ¥6.25. Hence, Anhui Huaertai Chemical Co's PB Ratio of today is 1.95.

Good Sign:

Anhui Huaertai Chemical Co Ltd stock PB Ratio (=2.02) is close to 2-year low of 1.89

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

SZSE:001217' s PB Ratio Range Over the Past 10 Years
Min: 1.89 Med: 2.25 Max: 4.11
Current: 1.95

During the past 6 years, Anhui Huaertai Chemical Co's highest PB Ratio was 4.11. The lowest was 1.89. And the median was 2.25.

SZSE:001217's PB Ratio is ranked worse than
55.23% of 1454 companies
in the Chemicals industry
Industry Median: 1.69 vs SZSE:001217: 1.95

During the past 12 months, Anhui Huaertai Chemical Co's average Book Value Per Share Growth Rate was 8.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 32.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 29.90% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Anhui Huaertai Chemical Co was 38.30% per year. The lowest was 19.20% per year. And the median was 32.40% per year.

Back to Basics: PB Ratio

Anhui Huaertai Chemical Co PB Ratio Historical Data

The historical data trend for Anhui Huaertai Chemical 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.

Anhui Huaertai Chemical Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

PB Ratio

3.33

2.09

Anhui Huaertai Chemical Co Quarterly Data
	Dec17	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
PB Ratio											3.33	2.74	2.25	1.96	2.09

Competitive Comparison

For the Specialty Chemicals subindustry, Anhui Huaertai Chemical 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.

Annual Data Quarterly Data

Anhui Huaertai Chemical Co PB Ratio Distribution

For the Chemicals industry and Basic Materials sector, Anhui Huaertai Chemical Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Anhui Huaertai Chemical Co's PB Ratio falls in comparison to its industry or sector. The grey bar indicates the PB Ratio's extreme value range as defined by GuruFocus.

Anhui Huaertai Chemical 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.

Anhui Huaertai Chemical Co's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2022)
	=	12.22	/	6.253
	=	1.95

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.

Anhui Huaertai Chemical Co (SZSE:001217) 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.

Anhui Huaertai Chemical Co PB Ratio Related Terms

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Anhui Huaertai Chemical Co (SZSE:001217) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Anhui Huaertai Chemical Co Ltd (SZSE:001217) » Definitions » PB Ratio

Traded in Other Exchanges

N/A

Address

Xiangyu Town, Anhui Province, Dongzhi, CHN, 247260

Website

http://www.ahhet.com

Anhui Huaertai Chemical Co Ltd is engaged in the research and development, production and sales of chemical products.

Anhui Huaertai Chemical Co (SZSE:001217) Headlines

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