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Gansu Jingang Solar Co (SZSE:300093) PB Ratio : (As of Dec. 13, 2024)


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What is Gansu Jingang Solar 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 (2024-12-13), Gansu Jingang Solar Co's share price is ¥18.81. Gansu Jingang Solar Co's Book Value per Share for the quarter that ended in Sep. 2024 was ¥-1.61. Hence, Gansu Jingang Solar Co's PB Ratio of today is .

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

During the past 13 years, Gansu Jingang Solar Co's highest PB Ratio was 412.09. The lowest was 1.30. And the median was 4.95.

SZSE:300093's PB Ratio is not ranked *
in the Semiconductors industry.
Industry Median: 2.26
* Ranked among companies with meaningful PB Ratio only.

During the past 3 years, the average Book Value Per Share Growth Rate was -62.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -53.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -27.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Gansu Jingang Solar Co was 39.30% per year. The lowest was -66.00% per year. And the median was -2.75% per year.

Back to Basics: PB Ratio


Gansu Jingang Solar Co PB Ratio Historical Data

The historical data trend for Gansu Jingang Solar 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.

Gansu Jingang Solar Co PB Ratio Chart

Gansu Jingang Solar 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 3.75 3.91 26.39 372.52 242.85

Gansu Jingang Solar 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 - 242.85 - - -

Competitive Comparison of Gansu Jingang Solar Co's PB Ratio

For the Solar subindustry, Gansu Jingang Solar 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.


Gansu Jingang Solar Co's PB Ratio Distribution in the Semiconductors Industry

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

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



Gansu Jingang Solar 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.

Gansu Jingang Solar Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=18.81/-1.606
=

* 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.


Gansu Jingang Solar Co  (SZSE:300093) 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.


Gansu Jingang Solar Co PB Ratio Related Terms

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Gansu Jingang Solar Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Xiyuanjing 5th Road, Room 2-12, 2nd Floor, Chuangye Building, Economic and Technological Development Zone, Suzhou District, Gansu Province, Jiuquan, CHN, 215200
Gansu Jingang Solar Co Ltd is focused on the main business of HJT cells and modules and provides high-quality and high-performance HJT cells and modules. The company's product category includes solar cell and solar modules.
Executives
Yan Chun Lai Directors, executives
Lin Wen Qing Directors, executives
Wang Shou Ren Independent director
Jiang Yi Gang Director

Gansu Jingang Solar Co Headlines

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