China Resources Beer (Holdings) Company Limited, an investment holding company, manufactures, distributes, and sells beer products. The company offers its products under the Heineken, Li, Löwen Fruit Beer, Snow Xiao Pi Qi, Amstel, and Edelweiss brand names. As of March 24, 2022, it operated 65 breweries in 24 provinces, municipalities, and autonomous regions in Mainland China. The company also engages in the manufacture and distribution of Baijiu products; and development and management of real estate. The company was formerly known as China Resources Enterprise, Limited and changed its name to China Resources Beer (Holdings) Company Limited in October 2015. The company is based in Wan Chai, Hong Kong. China Resources Beer (Holdings) Company Limited is a subsidiary of China Resources (Holdings) Company Limited.
P/B ratio for China Resources Beer (Holdings) Company Limited (0291.HK)
P/B ratio as of 2023: 3.04
According to China Resources Beer (Holdings) Company Limited's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 3.04. At the end of 2022 the company had a P/B ratio of 4.69.
P/B ratio history for China Resources Beer (Holdings) Company Limited from 2002 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 3.04 |
| 2022 | 4.69 |
| 2021 | 5.12 |
| 2020 | 6.97 |
| 2019 | 5.07 |
| 2018 | 3.23 |
| 2017 | 3.01 |
| 2016 | 1.77 |
| 2015 | 2.72 |
| 2014 | 0.91 |
| 2013 | 2.48 |
| 2012 | 2.81 |
| 2011 | 2.17 |
| 2010 | 2.91 |
| 2009 | 2.98 |
| 2008 | 1.46 |
| 2007 | 3.71 |
| 2006 | 2.73 |
| 2005 | 1.59 |
| 2004 | 1.53 |
| 2003 | 1.28 |
| 2002 | 1.04 |