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Crystal Growth and Energy Equipment (SHSE:688478) PB Ratio : 2.06 (As of Sep. 26, 2024)


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What is Crystal Growth and Energy Equipment 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 (2024-09-26), Crystal Growth and Energy Equipment's share price is ¥23.22. Crystal Growth and Energy Equipment's Book Value per Share for the quarter that ended in Jun. 2024 was ¥11.27. Hence, Crystal Growth and Energy Equipment's PB Ratio of today is 2.06.

Good Sign:

Crystal Growth and Energy Equipment Inc stock PB Ratio (=1.99) is close to 2-year low of 1.9

The historical rank and industry rank for Crystal Growth and Energy Equipment's PB Ratio or its related term are showing as below:

SHSE:688478' s PB Ratio Range Over the Past 10 Years
Min: 1.9   Med: 3.74   Max: 14.71
Current: 2.06

During the past 5 years, Crystal Growth and Energy Equipment's highest PB Ratio was 14.71. The lowest was 1.90. And the median was 3.74.

SHSE:688478's PB Ratio is ranked worse than
55.19% of 2937 companies
in the Industrial Products industry
Industry Median: 1.76 vs SHSE:688478: 2.06

During the past 12 months, Crystal Growth and Energy Equipment's average Book Value Per Share Growth Rate was 0.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 72.20% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Crystal Growth and Energy Equipment was 72.20% per year. The lowest was 72.20% per year. And the median was 72.20% per year.

Back to Basics: PB Ratio


Crystal Growth and Energy Equipment PB Ratio Historical Data

The historical data trend for Crystal Growth and Energy Equipment'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.

Crystal Growth and Energy Equipment PB Ratio Chart

Crystal Growth and Energy Equipment Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
- - - - 4.55

Crystal Growth and Energy Equipment Quarterly Data
Dec19 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 4.23 4.06 4.55 2.73 2.58

Competitive Comparison of Crystal Growth and Energy Equipment's PB Ratio

For the Specialty Industrial Machinery subindustry, Crystal Growth and Energy Equipment'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.


Crystal Growth and Energy Equipment's PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Crystal Growth and Energy Equipment's PB Ratio distribution charts can be found below:

* The bar in red indicates where Crystal Growth and Energy Equipment's PB Ratio falls into.



Crystal Growth and Energy Equipment 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.

Crystal Growth and Energy Equipment's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2024)
=23.22/11.272
=2.06

* 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.


Crystal Growth and Energy Equipment  (SHSE:688478) 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.


Crystal Growth and Energy Equipment PB Ratio Related Terms

Thank you for viewing the detailed overview of Crystal Growth and Energy Equipment's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Crystal Growth and Energy Equipment Business Description

Traded in Other Exchanges
N/A
Address
Hongfeng Science and Technology Park, Economic and Technological Development Zone, Jiangsu Province, West side of Building B4, Nanjing, CHN, 210000
Crystal Growth and Energy Equipment Co Ltd is specialized in the development of 8-12-inch semiconductor-grade silicon single crystal furnaces, 6-8-inch silicon carbide, gallium arsenide and other semiconductor material growth equipment and processes.

Crystal Growth and Energy Equipment Headlines

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