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Beijing Ultrapower Software Co (SZSE:300002) PB Ratio : 2.89 (As of May. 13, 2024)


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What is Beijing Ultrapower Software 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 (2024-05-13), Beijing Ultrapower Software Co's share price is ¥8.97. Beijing Ultrapower Software Co's Book Value per Share for the quarter that ended in Mar. 2024 was ¥3.11. Hence, Beijing Ultrapower Software Co's PB Ratio of today is 2.89.

Good Sign:

Beijing Ultrapower Software Co Ltd stock PB Ratio (=2.92) is close to 1-year low of 2.82

The historical rank and industry rank for Beijing Ultrapower Software Co's PB Ratio or its related term are showing as below:

SZSE:300002' s PB Ratio Range Over the Past 10 Years
Min: 1.2   Med: 3.14   Max: 10.98
Current: 2.88

During the past 13 years, Beijing Ultrapower Software Co's highest PB Ratio was 10.98. The lowest was 1.20. And the median was 3.14.

SZSE:300002's PB Ratio is ranked worse than
53.41% of 2584 companies
in the Software industry
Industry Median: 2.67 vs SZSE:300002: 2.88

During the past 12 months, Beijing Ultrapower Software Co's average Book Value Per Share Growth Rate was 21.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 13.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 4.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 0.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Beijing Ultrapower Software Co was 173.20% per year. The lowest was -10.70% per year. And the median was 11.20% per year.

Back to Basics: PB Ratio


Beijing Ultrapower Software Co PB Ratio Historical Data

The historical data trend for Beijing Ultrapower Software 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.

Beijing Ultrapower Software Co PB Ratio Chart

Beijing Ultrapower Software 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 1.79 2.55 2.87 1.76 3.01

Beijing Ultrapower Software Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 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 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 3.67 5.24 3.65 3.01 3.01

Competitive Comparison of Beijing Ultrapower Software Co's PB Ratio

For the Software - Application subindustry, Beijing Ultrapower Software 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.


Beijing Ultrapower Software Co's PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Beijing Ultrapower Software Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Beijing Ultrapower Software Co's PB Ratio falls into.



Beijing Ultrapower Software 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.

Beijing Ultrapower Software Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=8.97/3.108
=2.89

* 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.


Beijing Ultrapower Software Co  (SZSE:300002) 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.


Beijing Ultrapower Software Co PB Ratio Related Terms

Thank you for viewing the detailed overview of Beijing Ultrapower Software Co's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Beijing Ultrapower Software Co (SZSE:300002) Business Description

Traded in Other Exchanges
N/A
Address
Building 1 on the 13th Academy Building, Beiyuan, Chaoyang District, 22 North Star Taiyue, Beijing, CHN, 100107
Beijing Ultrapower Software Co Ltd is an IT operations and maintenance service provider in China. It offers enterprise-oriented IT consulting, solutions, software products, and project implementing and operation services. The company focuses on the use of information technology to promote industrial development and social progress and improve people's work and life quality.

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