Agricultural Bank's Stock Price Hits New High! PB Recovers Above 1x Threshold

Deep News
10/20

On October 20, Agricultural Bank of China's A-shares showed strong performance, closing up by 1.71% at a price of 7.75 yuan per share. During the trading session, the stock price hit a peak of 7.76 yuan per share, setting a new record with 12 consecutive days of gains.

Data indicates that the stock price of Agricultural Bank has risen by 51.65% since the beginning of this year. Based on the latest stock price, the bank's total market capitalization stands at 2.71 trillion yuan.

Notably, on October 20, the Agricultural Bank's A-share closing price-to-book (PB) ratio was recorded at 1.01, marking its first time above the 1x threshold in recent years.

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