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Jinhua Chunguang Technology Co (SHSE:603657) PB Ratio : 1.80 (As of Oct. 31, 2024)


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What is Jinhua Chunguang Technology Co 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 (2024-10-31), Jinhua Chunguang Technology Co's share price is ¥12.37. Jinhua Chunguang Technology Co's Book Value per Share for the quarter that ended in Jun. 2024 was ¥6.87. Hence, Jinhua Chunguang Technology Co's PB Ratio of today is 1.80.

The historical rank and industry rank for Jinhua Chunguang Technology Co's PB Ratio or its related term are showing as below:

SHSE:603657' s PB Ratio Range Over the Past 10 Years
Min: 1.31   Med: 2.59   Max: 10.43
Current: 1.8

During the past 10 years, Jinhua Chunguang Technology Co's highest PB Ratio was 10.43. The lowest was 1.31. And the median was 2.59.

SHSE:603657's PB Ratio is ranked better than
54.95% of 2375 companies
in the Hardware industry
Industry Median: 1.96 vs SHSE:603657: 1.80

During the past 12 months, Jinhua Chunguang Technology Co's average Book Value Per Share Growth Rate was -12.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -0.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.30% per year.

During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of Jinhua Chunguang Technology Co was 36.90% per year. The lowest was -0.90% per year. And the median was 6.50% per year.

Back to Basics: PB Ratio


Jinhua Chunguang Technology Co PB Ratio Historical Data

The historical data trend for Jinhua Chunguang Technology Co'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.

Jinhua Chunguang Technology Co PB Ratio Chart

Jinhua Chunguang Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.71 2.43 3.50 2.03 2.31

Jinhua Chunguang Technology Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.24 2.16 2.31 1.74 1.66

Competitive Comparison of Jinhua Chunguang Technology Co's PB Ratio

For the Consumer Electronics subindustry, Jinhua Chunguang Technology Co'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.


Jinhua Chunguang Technology Co's PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Jinhua Chunguang Technology Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Jinhua Chunguang Technology Co's PB Ratio falls into.



Jinhua Chunguang Technology Co 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.

Jinhua Chunguang Technology Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2024)
=12.37/6.866
=1.80

* 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.


Jinhua Chunguang Technology Co  (SHSE:603657) 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.


Jinhua Chunguang Technology Co PB Ratio Related Terms

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Jinhua Chunguang Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 420, Anwen Road, Zhejiang Province, Jinhua, CHN, 321000
Jinhua Chunguang Technology Co Ltd is a research and development, and manufacturing company of hose assembly for cleaning appliances. The products of the company include central vacuum cleaner hose series, steel wire, extrusion hose, blow mould hose, wet vacuum hose, and vacuum cleaner accessories for home.
Executives
Lv Jing Directors, senior managers
Wu Jian Kai senior management
Fu Wei Cai senior management
Weng Yong Hua senior management
Wang Sheng Yong Directors, senior managers
Zhang Chun Xia Director
Chen Kai Director
Chen Zheng Ming Director

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