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Impulse (Qingdao) Health Tech Co (SZSE:002899) PB Ratio : 1.80 (As of Apr. 25, 2025)


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What is Impulse (Qingdao) Health Tech 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 (2025-04-25), Impulse (Qingdao) Health Tech Co's share price is ¥20.51. Impulse (Qingdao) Health Tech Co's Book Value per Share for the quarter that ended in Sep. 2024 was ¥11.38. Hence, Impulse (Qingdao) Health Tech Co's PB Ratio of today is 1.80.

The historical rank and industry rank for Impulse (Qingdao) Health Tech Co's PB Ratio or its related term are showing as below:

SZSE:002899' s PB Ratio Range Over the Past 10 Years
Min: 0.95   Med: 1.58   Max: 11.76
Current: 1.8

During the past 11 years, Impulse (Qingdao) Health Tech Co's highest PB Ratio was 11.76. The lowest was 0.95. And the median was 1.58.

SZSE:002899's PB Ratio is ranked worse than
55.1% of 755 companies
in the Travel & Leisure industry
Industry Median: 1.6 vs SZSE:002899: 1.80

During the past 12 months, Impulse (Qingdao) Health Tech Co's average Book Value Per Share Growth Rate was 11.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 4.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 4.00% per year.

During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Impulse (Qingdao) Health Tech Co was 27.80% per year. The lowest was 3.00% per year. And the median was 4.55% per year.

Back to Basics: PB Ratio


Impulse (Qingdao) Health Tech Co PB Ratio Historical Data

The historical data trend for Impulse (Qingdao) Health Tech 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.

Impulse (Qingdao) Health Tech Co PB Ratio Chart

Impulse (Qingdao) Health Tech 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 1.61 1.44 1.68 1.29 1.60

Impulse (Qingdao) Health Tech 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 1.52 1.60 1.72 1.18 1.56

Competitive Comparison of Impulse (Qingdao) Health Tech Co's PB Ratio

For the Leisure subindustry, Impulse (Qingdao) Health Tech 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.


Impulse (Qingdao) Health Tech Co's PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Impulse (Qingdao) Health Tech Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Impulse (Qingdao) Health Tech Co's PB Ratio falls into.


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Impulse (Qingdao) Health Tech 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.

Impulse (Qingdao) Health Tech Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=20.51/11.38
=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.


Impulse (Qingdao) Health Tech Co  (SZSE:002899) 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.


Impulse (Qingdao) Health Tech Co PB Ratio Related Terms

Thank you for viewing the detailed overview of Impulse (Qingdao) Health Tech Co's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Impulse (Qingdao) Health Tech Co Business Description

Traded in Other Exchanges
N/A
Address
No. 369 Huashan 2nd road, Jimo, Shandong province, Qingdao, CHN, 266200
Impulse (Qingdao) Health Tech Co Ltd is a fitness equipment manufacturer specializing in the development, manufacture, sales and operation of all-category and multi-series fitness equipment. Its products include treadmill, elliptical, upright bike, recumbent bike, indoor-cycling and others. Its products are mainly divided into commercial products, household products, and outdoor products.
Executives
Sa Xiao Dong Supervisors
Zheng Guo Liang Executives

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