Sansec Technology Co (SHSE:688489) PB Ratio : 1.71 (As of May. 23, 2024)

View and export this data going back to 2022. Start your Free Trial

What is Sansec Technology 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 (2024-05-23), Sansec Technology Co's share price is ¥27.54. Sansec Technology Co's Book Value per Share for the quarter that ended in Mar. 2024 was ¥16.10. Hence, Sansec Technology Co's PB Ratio of today is 1.71.

Good Sign:

Sansec Technology Co Ltd stock PB Ratio (=1.83) is close to 2-year low of 1.77

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

SHSE:688489' s PB Ratio Range Over the Past 10 Years
Min: 1.77 Med: 3.33 Max: 21.3
Current: 1.71

During the past 6 years, Sansec Technology Co's highest PB Ratio was 21.30. The lowest was 1.77. And the median was 3.33.

SHSE:688489's PB Ratio is ranked better than
68.67% of 2576 companies
in the Software industry
Industry Median: 2.69 vs SHSE:688489: 1.71

During the past 12 months, Sansec Technology Co's average Book Value Per Share Growth Rate was -2.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 67.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 82.60% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Sansec Technology Co was 126.70% per year. The lowest was 59.00% per year. And the median was 67.60% per year.

Back to Basics: PB Ratio

Sansec Technology Co PB Ratio Historical Data

The historical data trend for Sansec Technology 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.

Sansec Technology Co PB Ratio Chart

Sansec Technology Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

Get a 7-Day Free Trial

4.12

2.81

Sansec Technology Co Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
PB Ratio	Get a 7-Day Free Trial											4.47	3.87	2.80	2.81	2.03

Competitive Comparison of Sansec Technology Co's PB Ratio

For the Software - Application subindustry, Sansec Technology 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.

Sansec Technology Co's PB Ratio Distribution in the Software Industry

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

* The bar in red indicates where Sansec Technology Co's PB Ratio falls into.

Sansec Technology 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.

Sansec Technology Co's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Mar. 2024)
	=	27.54	/	16.098
	=	1.71

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.

Sansec Technology Co (SHSE:688489) 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.

Sansec Technology Co PB Ratio Related Terms

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

Sansec Technology Co (SHSE:688489) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sansec Technology Co Ltd (SHSE:688489) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Guangshun North Street, Room 1406, 14th Floor, Building 2, Courtyard 16, Chaoyang District, Beijing, CHN, 100102

Website

http://www.sansec.com.cn

Sansec Technology Co Ltd is engaged in innovation of cryptographic technology and R&D, sales and service of cryptographic products and provides cryptographic products and solutions for the internet information security. The company's products portfolio includes PCIe HSM, Cloud HSM, General purpose HSM, Financial HSM, and Cryptographic Software System. HSMs provide the integrated cryptographic functions for different application scenarios, including financial HSMs, general purpose HSMs, cloud HSMs, KMS and other HSMs. Cryptographic systems include key management system, cryptographic service platform, identity authentication system, cryptographic middleware, etc.

Sansec Technology Co (SHSE:688489) Headlines

No Headlines