Tsingtao Brewery Company Limited, together with its subsidiaries, engages in the production, distribution, wholesale, and retail sale of beer products worldwide. It operates through seven segments: Shandong Region; South China Region; North China Region; East China Region; Southeast China Region; Hong Kong, Macau and Other Overseas Region; and Finance Company. The company sells its beer products primarily under the Tsingtaoand and Laoshan brand names. It also provides wealth management, and agency collection and payment services; and financing, construction, and logistics services, as well as technology promotion and application services. The company was founded in 1903 and is headquartered in Qingdao, the People's Republic of China.
P/B ratio for Tsingtao Brewery Company Limited (600600.SS)
P/B ratio as of 2023: 3.56
According to Tsingtao Brewery Company Limited's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 3.56. At the end of 2022 the company had a P/B ratio of 5.70.
P/B ratio history for Tsingtao Brewery Company Limited from 1990 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 3.56 |
| 2022 | 5.70 |
| 2021 | 5.81 |
| 2020 | 6.51 |
| 2019 | 3.59 |
| 2018 | 2.59 |
| 2017 | 3.12 |
| 2016 | 2.44 |
| 2015 | 2.73 |
| 2014 | 3.63 |
| 2013 | 4.71 |
| 2012 | 3.58 |
| 2011 | 4.07 |
| 2010 | 4.88 |
| 2009 | 6.02 |
| 2008 | 4.30 |
| 2007 | 9.68 |
| 2006 | 3.48 |
| 2005 | 1.87 |
| 2004 | 2.99 |
| 2003 | 2.90 |
| 2002 | 2.88 |
| 2001 | 2.86 |
| 2000 | 5.41 |
| 1999 | 4.03 |
| 1998 | 2.67 |
| 1997 | 2.99 |
| 1996 | 3.28 |
| 1995 | 1.93 |
| 1994 | 2.31 |
| 1993 | 4.69 |
| 1992 | 59.02 |
| 1991 | 74.69 |
| 1990 | 76.66 |