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Rubber Leaf (Rubber Leaf) PB Ratio : (As of May. 28, 2024)


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What is Rubber Leaf PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-28), Rubber Leaf's share price is $5.80. Rubber Leaf's Book Value per Share for the quarter that ended in Mar. 2024 was $-0.03. Hence, Rubber Leaf's PB Ratio of today is .

The historical rank and industry rank for Rubber Leaf's PB Ratio or its related term are showing as below:

During the past 3 years, Rubber Leaf's highest PB Ratio was 508.18. The lowest was 127.50. And the median was 393.84.

RLEA's PB Ratio is not ranked *
in the Chemicals industry.
Industry Median: 1.62
* Ranked among companies with meaningful PB Ratio only.

During the past 12 months, Rubber Leaf's average Book Value Per Share Growth Rate was -256.30% per year.

Back to Basics: PB Ratio


Rubber Leaf PB Ratio Historical Data

The historical data trend for Rubber Leaf's PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Rubber Leaf PB Ratio Chart

Rubber Leaf Annual Data
Trend Dec21 Dec22 Dec23
PB Ratio
- - -

Rubber Leaf Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - 508.18 - -

Competitive Comparison of Rubber Leaf's PB Ratio

For the Specialty Chemicals subindustry, Rubber Leaf's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Rubber Leaf's PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Rubber Leaf's PB Ratio distribution charts can be found below:

* The bar in red indicates where Rubber Leaf's PB Ratio falls into.



Rubber Leaf PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Rubber Leaf's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=5.80/-0.025
=

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Rubber Leaf  (OTCPK:RLEA) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Rubber Leaf PB Ratio Related Terms

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Rubber Leaf (Rubber Leaf) Business Description

Traded in Other Exchanges
N/A
Address
Qixing Road, Weng’ao Industrial Zone, Chunhu Subdistrict, Fenghua District Ningbo, Zhejiang, CHN
Rubber Leaf Inc engages in the production and sales of synthetic rubber, rubber compound, car window seals, and auto parts. It derives revenue primarily through the sale of synthetic rubber, rubber compound, car window seals, and auto parts with two sales channels. The company managed and reviewed its business as two operating segments: direct supply and indirect supply models.
Executives
Hua Wang director, officer: CFO 318 N. CARSON STREET, STE. 208, CARSON CITY NV 89701
Xingxiu Hua director, 10 percent owner, officer: President 318 N. CARSON STREET, STE. 208, CARSON CITY NV 89701
Yongjun Hua director 318 N. CARSON STREET, STE. 208, CARSON CITY NV 89701

Rubber Leaf (Rubber Leaf) Headlines