RAYA (Erayak Power Solution Group) PB Ratio : 1.27 (As of Mar. 28, 2025)

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What is Erayak Power Solution 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), Erayak Power Solution Group's share price is $1.21. Erayak Power Solution Group's Book Value per Share for the quarter that ended in Jun. 2024 was $0.95. Hence, Erayak Power Solution Group's PB Ratio of today is 1.27.

Warning Sign:

Erayak Power Solution Group Inc stock PB Ratio (=1.27) is close to 1-year high of 1.27.

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

RAYA' s PB Ratio Range Over the Past 10 Years
Min: 0.34 Med: 0.72 Max: 5.38
Current: 1.27

During the past 5 years, Erayak Power Solution Group's highest PB Ratio was 5.38. The lowest was 0.34. And the median was 0.72.

RAYA's PB Ratio is ranked better than
69.1% of 2922 companies
in the Industrial Products industry
Industry Median: 2.07 vs RAYA: 1.27

During the past 12 months, Erayak Power Solution Group's average Book Value Per Share Growth Rate was -40.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 79.40% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Erayak Power Solution Group was 167.70% per year. The lowest was 79.40% per year. And the median was 123.55% per year.

Back to Basics: PB Ratio

Erayak Power Solution Group PB Ratio Historical Data

The historical data trend for Erayak Power Solution 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.

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Erayak Power Solution Group PB Ratio Chart

Erayak Power Solution Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

1.28

0.68

Erayak Power Solution Group Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
PB Ratio	Get a 7-Day Free Trial					-	1.28	1.15	0.68	0.87

Competitive Comparison of Erayak Power Solution Group's PB Ratio

For the Electrical Equipment & Parts subindustry, Erayak Power Solution 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.

Erayak Power Solution Group's PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Erayak Power Solution Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where Erayak Power Solution Group's PB Ratio falls into.

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Erayak Power Solution 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.

Erayak Power Solution Group's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Jun. 2024)
	=	1.21	/	0.952
	=	1.27

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

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Erayak Power Solution Group (NAS:RAYA) 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.

Erayak Power Solution Group PB Ratio Related Terms

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Erayak Power Solution Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Erayak Power Solution Group Inc (NAS:RAYA) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 528, 4th Avenue, Binhai Industrial Park, Zhejiang Province, Wenzhou, CHN, 325025

Website

https://www.erayakpower.com

Erayak Power Solution Group Inc engages in manufacturing, research and development, and wholesale and retail of power solution products. Its product portfolio includes sine wave and off-grid inverters, inverter and gasoline generators, battery, and smart chargers, and custom-designed products. It derives the majority revenue from three products namely inverters, chargers, and gasoline generators. The company geographically operates in China, Australia, Poland, U.K., and Germany. It derives maximum revenue from China.