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JA Solar Technology Co (SZSE:002459) PB Ratio : 1.19 (As of Apr. 02, 2025)


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What is JA Solar 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 (2025-04-02), JA Solar Technology Co's share price is ¥11.44. JA Solar Technology Co's Book Value per Share for the quarter that ended in Sep. 2024 was ¥9.59. Hence, JA Solar Technology Co's PB Ratio of today is 1.19.

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

SZSE:002459' s PB Ratio Range Over the Past 10 Years
Min: 0.61   Med: 3.88   Max: 10.14
Current: 1.19

During the past 13 years, JA Solar Technology Co's highest PB Ratio was 10.14. The lowest was 0.61. And the median was 3.88.

SZSE:002459's PB Ratio is ranked better than
71.97% of 974 companies
in the Semiconductors industry
Industry Median: 2.005 vs SZSE:002459: 1.19

During the past 12 months, JA Solar Technology Co's average Book Value Per Share Growth Rate was -9.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 31.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 16.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 23.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of JA Solar Technology Co was 63.70% per year. The lowest was -27.70% per year. And the median was 26.30% per year.

Back to Basics: PB Ratio


JA Solar Technology Co PB Ratio Historical Data

The historical data trend for JA Solar 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.

JA Solar Technology Co PB Ratio Chart

JA Solar Technology 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 1.88 4.43 8.99 5.14 1.96

JA Solar Technology 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 2.41 1.96 1.67 1.14 1.41

Competitive Comparison of JA Solar Technology Co's PB Ratio

For the Solar subindustry, JA Solar 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.


JA Solar Technology Co's PB Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, JA Solar Technology Co's PB Ratio distribution charts can be found below:

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


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JA Solar 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=11.44/9.587
=1.19

* 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.


JA Solar Technology Co  (SZSE:002459) 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.


JA Solar Technology Co PB Ratio Related Terms

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


JA Solar Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Auto Museum East Road, No. 1, Building 8, Noble Center, Fengtai District, Beijing, CHN, 100160
JA Solar is one of the top four largest Chinese solar module producers, holding an estimated 10% share of the global market by module production in 2023. JA's products are distributed in over 165 countries and regions. The company operates a vertically integrated production process, spanning from solar wafer and cell manufacturing to module production.
Executives
Cao Yang Feng Director
Zhang Li Directors, executives
Cui Qian Supervisors
Zhang Hao Yi Directors, executives
Wang Jin Xiang Executives
Zhu Xin Sheng Director
Wang Xiang Dong Supervisors
Yang Zhi Bao Executives
Yang Qing Fen Director
Huang Yi Cheng Director
Xu Bo Directors, executives
Yang Zhen Zhong Supervisors
Xue Jian Min Executives
Feng Huan Fu Executives
Li Tian Nong Executives

JA Solar Technology Co Headlines

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