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Cubic Sensor and Instrument Co (SHSE:688665) PB Ratio : 3.31 (As of Dec. 14, 2024)


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What is Cubic Sensor and Instrument 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 (2024-12-14), Cubic Sensor and Instrument Co's share price is ¥32.34. Cubic Sensor and Instrument Co's Book Value per Share for the quarter that ended in Sep. 2024 was ¥9.76. Hence, Cubic Sensor and Instrument Co's PB Ratio of today is 3.31.

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

SHSE:688665' s PB Ratio Range Over the Past 10 Years
Min: 2.41   Med: 7.63   Max: 16.72
Current: 3.34

During the past 7 years, Cubic Sensor and Instrument Co's highest PB Ratio was 16.72. The lowest was 2.41. And the median was 7.63.

SHSE:688665's PB Ratio is ranked worse than
72.14% of 2380 companies
in the Hardware industry
Industry Median: 1.995 vs SHSE:688665: 3.34

During the past 12 months, Cubic Sensor and Instrument Co's average Book Value Per Share Growth Rate was 5.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 48.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 54.90% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Cubic Sensor and Instrument Co was 84.70% per year. The lowest was -12.40% per year. And the median was 55.15% per year.

Back to Basics: PB Ratio


Cubic Sensor and Instrument Co PB Ratio Historical Data

The historical data trend for Cubic Sensor and Instrument 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.

Cubic Sensor and Instrument Co PB Ratio Chart

Cubic Sensor and Instrument Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial - - 15.14 7.81 5.37

Cubic Sensor and Instrument Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 5.65 5.37 4.00 2.92 3.33

Competitive Comparison of Cubic Sensor and Instrument Co's PB Ratio

For the Electronic Components subindustry, Cubic Sensor and Instrument 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.


Cubic Sensor and Instrument Co's PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Cubic Sensor and Instrument Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Cubic Sensor and Instrument Co's PB Ratio falls into.



Cubic Sensor and Instrument 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.

Cubic Sensor and Instrument Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=32.34/9.762
=3.31

* 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.


Cubic Sensor and Instrument Co  (SHSE:688665) 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.


Cubic Sensor and Instrument Co PB Ratio Related Terms

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


Cubic Sensor and Instrument Co Business Description

Traded in Other Exchanges
N/A
Address
No. 3, Fenghuangyuan 3rd Road, Phoenix Industrial Park, Donghu New Technology Development Zone, Hubei Province, Wuhan, CHN, 430205
Cubic Sensor and Instrument Co Ltd is engaged in the research and development, production and sales of gas sensors and gas analysis instruments.
Executives
Kong Xiang Jun senior management
Tong Lin senior management

Cubic Sensor and Instrument Co Headlines

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