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Beijing Baolande Software (SHSE:688058) PB Ratio : 2.03 (As of Jun. 09, 2024)


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What is Beijing Baolande Software 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 (2024-06-09), Beijing Baolande Software's share price is ¥28.85. Beijing Baolande Software's Book Value per Share for the quarter that ended in Mar. 2024 was ¥14.21. Hence, Beijing Baolande Software's PB Ratio of today is 2.03.

Good Sign:

Beijing Baolande Software Corp stock PB Ratio (=2.24) is close to 5-year low of 2.05

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

SHSE:688058' s PB Ratio Range Over the Past 10 Years
Min: 2.02   Med: 3.46   Max: 23.8
Current: 2.03

During the past 11 years, Beijing Baolande Software's highest PB Ratio was 23.80. The lowest was 2.02. And the median was 3.46.

SHSE:688058's PB Ratio is ranked better than
61.26% of 2579 companies
in the Software industry
Industry Median: 2.57 vs SHSE:688058: 2.03

During the past 12 months, Beijing Baolande Software's average Book Value Per Share Growth Rate was -5.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -4.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 19.90% per year.

During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Beijing Baolande Software was 90.60% per year. The lowest was -4.50% per year. And the median was 50.00% per year.

Back to Basics: PB Ratio


Beijing Baolande Software PB Ratio Historical Data

The historical data trend for Beijing Baolande Software'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 Baolande Software PB Ratio Chart

Beijing Baolande Software 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 4.22 3.60 3.41 2.71 3.09

Beijing Baolande Software 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 3.88 3.77 3.39 3.09 2.66

Competitive Comparison of Beijing Baolande Software's PB Ratio

For the Software - Application subindustry, Beijing Baolande Software'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 Baolande Software's PB Ratio Distribution in the Software Industry

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

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



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

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=28.85/14.214
=2.03

* 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 Baolande Software  (SHSE:688058) 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 Baolande Software PB Ratio Related Terms

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


Beijing Baolande Software (SHSE:688058) Business Description

Traded in Other Exchanges
N/A
Address
17 Shangdi 6th Street, Room 6314, Haidian District, Beijing, CHN, 100085
Beijing Baolande Software Corp is a software company specializing in the development and promotion of basic software. The Baorande product line covers middleware, container PaaS platform, intelligent operation and maintenance and big data in the basic software field.
Executives
Yi Cun Dao Director
Zhao Yan Xing Core technical personnel
Shi Xiao Li Directors, senior managers

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