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Wuhan LAND Electronic Co (BJSE:830779) PB Ratio : 4.69 (As of Dec. 15, 2024)


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What is Wuhan LAND Electronic 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 (2024-12-15), Wuhan LAND Electronic Co's share price is ¥40.44. Wuhan LAND Electronic Co's Book Value per Share for the quarter that ended in Sep. 2024 was ¥8.63. Hence, Wuhan LAND Electronic Co's PB Ratio of today is 4.69.

The historical rank and industry rank for Wuhan LAND Electronic Co's PB Ratio or its related term are showing as below:

BJSE:830779' s PB Ratio Range Over the Past 10 Years
Min: 1.95   Med: 4.15   Max: 11.24
Current: 4.69

During the past 11 years, Wuhan LAND Electronic Co's highest PB Ratio was 11.24. The lowest was 1.95. And the median was 4.15.

BJSE:830779's PB Ratio is ranked worse than
84.72% of 2931 companies
in the Industrial Products industry
Industry Median: 2.12 vs BJSE:830779: 4.69

During the past 12 months, Wuhan LAND Electronic Co's average Book Value Per Share Growth Rate was 2.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 27.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 26.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 3.20% per year.

During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Wuhan LAND Electronic Co was 37.80% per year. The lowest was -20.60% per year. And the median was -0.15% per year.

Back to Basics: PB Ratio


Wuhan LAND Electronic Co PB Ratio Historical Data

The historical data trend for Wuhan LAND Electronic 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.

Wuhan LAND Electronic Co PB Ratio Chart

Wuhan LAND Electronic Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.11 9.47 7.58 11.10 9.73

Wuhan LAND Electronic Co Quarterly Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.89 4.00 3.03 2.49 2.66

Competitive Comparison of Wuhan LAND Electronic Co's PB Ratio

For the Electrical Equipment & Parts subindustry, Wuhan LAND Electronic 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.


Wuhan LAND Electronic Co's PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Wuhan LAND Electronic Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Wuhan LAND Electronic Co's PB Ratio falls into.



Wuhan LAND Electronic 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.

Wuhan LAND Electronic Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=40.44/8.629
=4.69

* 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.


Wuhan LAND Electronic Co  (BJSE:830779) 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.


Wuhan LAND Electronic Co PB Ratio Related Terms

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


Wuhan LAND Electronic Co Business Description

Traded in Other Exchanges
N/A
Address
No. 28, Gaoxin 4th Road, Donghu New Technology Development Zone, No. 01, 4th Floor, No. 7 Factory Building, Phase III, Wuhan Optics Valley Electronic Industrial Park, Hubei Province, Wuhan City, CHN, 430205
Wuhan LAND Electronic Co Ltd engages in the development, production, and sales of software and hardware for battery testing equipment. It caters to applications in the battery testing field, including material research, battery formation, capacity sorting, combined battery, and super capacitor testing.

Wuhan LAND Electronic Co Headlines

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