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CCG (Cheche Group) PB Ratio : 1.82 (As of Mar. 28, 2025)


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What is Cheche Group 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 (2025-03-28), Cheche Group's share price is $1.18. Cheche Group's Book Value per Share for the quarter that ended in Sep. 2024 was $0.65. Hence, Cheche Group's PB Ratio of today is 1.82.

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

CCG' s PB Ratio Range Over the Past 10 Years
Min: 0.95   Med: 1.59   Max: 11.82
Current: 1.82

During the past 3 years, Cheche Group's highest PB Ratio was 11.82. The lowest was 0.95. And the median was 1.59.

CCG's PB Ratio is ranked worse than
50.28% of 537 companies
in the Interactive Media industry
Industry Median: 1.81 vs CCG: 1.82

During the past 12 months, Cheche Group's average Book Value Per Share Growth Rate was -3.00% per year.

Back to Basics: PB Ratio


Cheche Group PB Ratio Historical Data

The historical data trend for Cheche Group'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.

Cheche Group PB Ratio Chart

Cheche Group Annual Data
Trend Dec21 Dec22 Dec23
PB Ratio
- - 9.16

Cheche Group Quarterly Data
Jun21 Dec21 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 15.98 9.16 5.50 1.32 1.42

Competitive Comparison of Cheche Group's PB Ratio

For the Internet Content & Information subindustry, Cheche Group'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.


Cheche Group's PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Cheche Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where Cheche Group's PB Ratio falls into.


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Cheche Group 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.

Cheche Group's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=1.18/0.649
=1.82

* 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.


Cheche Group  (NAS:CCG) 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.


Cheche Group PB Ratio Related Terms

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Cheche Group Business Description

Traded in Other Exchanges
N/A
Address
13-1 Deshengmenwai Avenue, 8th Floor, Desheng Hopson Fortune Plaza, Xicheng, Beijing, CHN, 100088
Cheche Group Inc is an insurtech company. It is China's independent technology-empowered platform for auto insurance transaction services by digital auto insurance transaction premiums and insurance technology companies. The company has reshaped the traditional auto insurance distribution and services value chain to create a digital platform by improving operational efficiencies, reducing transaction costs, and expanding distribution channels. Its business scope ranges from digital insurance transactions, SaaS platforms for insurance intermediaries, AI-driven insurance pricing and underwriting services, auto insurance services for new energy vehicle (NEV) manufacturers, green auto insurance innovations, etc.