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Xinya Electronic Co (SHSE:605277) PB Ratio : 3.00 (As of Jun. 17, 2024)


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What is Xinya 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 (2024-06-17), Xinya Electronic Co's share price is ¥13.06. Xinya Electronic Co's Book Value per Share for the quarter that ended in Mar. 2024 was ¥4.36. Hence, Xinya Electronic Co's PB Ratio of today is 3.00.

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

SHSE:605277' s PB Ratio Range Over the Past 10 Years
Min: 2.21   Med: 2.92   Max: 4.28
Current: 3

During the past 8 years, Xinya Electronic Co's highest PB Ratio was 4.28. The lowest was 2.21. And the median was 2.92.

SHSE:605277's PB Ratio is ranked worse than
71.29% of 2933 companies
in the Industrial Products industry
Industry Median: 1.87 vs SHSE:605277: 3.00

During the past 12 months, Xinya Electronic Co's average Book Value Per Share Growth Rate was 12.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 8.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 28.40% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Xinya Electronic Co was 43.60% per year. The lowest was 8.30% per year. And the median was 32.80% per year.

Back to Basics: PB Ratio


Xinya Electronic Co PB Ratio Historical Data

The historical data trend for Xinya 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.

Xinya Electronic Co PB Ratio Chart

Xinya Electronic Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial - - 3.60 2.44 2.94

Xinya Electronic 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 3.04 3.36 3.15 2.94 3.36

Competitive Comparison of Xinya Electronic Co's PB Ratio

For the Electrical Equipment & Parts subindustry, Xinya 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.


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

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

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



Xinya 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=13.06/4.356
=3.00

* 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.


Xinya Electronic Co  (SHSE:605277) 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.


Xinya Electronic Co PB Ratio Related Terms

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


Xinya Electronic Co (SHSE:605277) Business Description

Traded in Other Exchanges
N/A
Address
Wenzhou Bridge Industrial Park, Beibaixiang Town, Zhejiang Province, Yueqing, CHN, 325603
Xinya Electronic Co Ltd is engaged in the research and development, manufacturing and sales of fine electronic wires. The company's products mainly include consumer electronics and industrial control wires, automotive electronic wires, high-frequency data wires and special wires and others. The products are widely used in household appliances, computers, intelligent office, industrial control equipment, automotive electronics, data servers and new energy technology and other fields.
Executives
Huang Juan senior management
Shi Liu Jian Director
Chen Hua Hui Director
Zhu Jia Li Supervisors
Yang Wen Hua Director
Chen Jing Miao Director
Zhao Zhan Bing Director

Xinya Electronic Co (SHSE:605277) Headlines

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