YANGHE (002304.SZ)

P/B ratio as of November 2024 : 2.38

According to YANGHE's latest financial reports the company has a price-to-book ratio of 4.30982.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

YANGHE - P/B ratio (from 2009 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	3.17	-37.05%
2022-12-31	5.03	-13.88%
2021-12-31	5.84	-36.79%
2020-12-31	9.24	102.58%
2019-12-31	4.56	8.47%
2018-12-31	4.21	-28.12%
2017-12-31	5.85	43.25%
2016-12-31	4.09	-9.26%
2015-12-31	4.50	4.39%
2014-12-31	4.31	70.2%
2013-12-31	2.53	-63.03%
2012-12-31	6.85	-41.26%
2011-12-31	11.7	-14.48%
2010-12-31	13.6	35.1%
2009-12-31	10.1
2008-12-31	N/A

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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YANGHE (002304.SZ) - P/B ratio