Foshan Haitian Flavouring and Food (603288.SS)

P/B ratio as of November 2024 : 8.13

According to Foshan Haitian Flavouring and Food's latest financial reports the company has a price-to-book ratio of 9.41378.
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.

Foshan Haitian Flavouring and Food - P/B ratio (from 2014 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	7.24	-46.64%
2022-12-31	13.6	-27.99%
2021-12-31	18.8	-41.53%
2020-12-31	32.2	84.23%
2019-12-31	17.5	30.75%
2018-12-31	13.4	8.72%
2017-12-31	12.3	55.34%
2016-12-31	7.92	-27.54%
2015-12-31	10.9	36.27%
2014-12-31	8.02
2013-12-31	N/A
2012-12-31	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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Foshan Haitian Flavouring and Food (603288.SS) - P/B ratio