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Advanced Technology & Materials Co (SZSE:000969) PB Ratio : 1.80 (As of Apr. 29, 2024)


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What is Advanced Technology & Materials 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 (2024-04-29), Advanced Technology & Materials Co's share price is ¥9.00. Advanced Technology & Materials Co's Book Value per Share for the quarter that ended in Mar. 2024 was ¥5.01. Hence, Advanced Technology & Materials Co's PB Ratio of today is 1.80.

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

SZSE:000969' s PB Ratio Range Over the Past 10 Years
Min: 0.96   Med: 1.95   Max: 5.49
Current: 1.87

During the past 13 years, Advanced Technology & Materials Co's highest PB Ratio was 5.49. The lowest was 0.96. And the median was 1.95.

SZSE:000969's PB Ratio is ranked worse than
60.11% of 2394 companies
in the Metals & Mining industry
Industry Median: 1.38 vs SZSE:000969: 1.87

During the past 12 months, Advanced Technology & Materials Co's average Book Value Per Share Growth Rate was 0.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 3.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 2.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Advanced Technology & Materials Co was 78.50% per year. The lowest was -2.50% per year. And the median was 5.30% per year.

Back to Basics: PB Ratio


Advanced Technology & Materials Co PB Ratio Historical Data

The historical data trend for Advanced Technology & Materials 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.

Advanced Technology & Materials Co PB Ratio Chart

Advanced Technology & Materials Co 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 1.53 1.48 2.30 1.61 1.83

Advanced Technology & Materials 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 1.91 1.99 1.96 1.84 1.76

Competitive Comparison of Advanced Technology & Materials Co's PB Ratio

For the Other Industrial Metals & Mining subindustry, Advanced Technology & Materials 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.


Advanced Technology & Materials Co's PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Advanced Technology & Materials Co's PB Ratio distribution charts can be found below:

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



Advanced Technology & Materials 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.

Advanced Technology & Materials Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=9.00/5.006
=1.80

* 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.


Advanced Technology & Materials Co  (SZSE:000969) 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.


Advanced Technology & Materials Co PB Ratio Related Terms

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


Advanced Technology & Materials Co (SZSE:000969) Business Description

Traded in Other Exchanges
N/A
Address
No. 76 Xueyuan South Road, Haidian District, Beijing, Beijing, CHN, 100081
Advanced Technology & Materials Co Ltd is a Chinese high-tech company that focuses on the research and development and manufacture of new metallic materials and products. Its products include amorphous and nano-crystalline materials and products; refractory materials and products; powder materials and products; magnetic materials and products; welding materials and products; filtration materials and environmental protection engineering products; and high-speed steel and diamond tools. These products are used in various fields which include aerospace, energy, transportation, consumer electronics, construction and building materials, petrochemical, saving and environmental protection industries. Geographically the activities are carried out through China.

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