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Winner Technology Co (SZSE:300609) PB Ratio : 1.97 (As of May. 25, 2024)


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What is Winner 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 (2024-05-25), Winner Technology Co's share price is ¥17.36. Winner Technology Co's Book Value per Share for the quarter that ended in Mar. 2024 was ¥8.80. Hence, Winner Technology Co's PB Ratio of today is 1.97.

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

SZSE:300609' s PB Ratio Range Over the Past 10 Years
Min: 1.4   Med: 3.6   Max: 21.17
Current: 1.99

During the past 12 years, Winner Technology Co's highest PB Ratio was 21.17. The lowest was 1.40. And the median was 3.60.

SZSE:300609's PB Ratio is ranked better than
63.76% of 2577 companies
in the Software industry
Industry Median: 2.66 vs SZSE:300609: 1.99

During the past 12 months, Winner Technology Co's average Book Value Per Share Growth Rate was 3.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -0.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 11.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 18.80% per year.

During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Winner Technology Co was 27.30% per year. The lowest was -0.90% per year. And the median was 20.30% per year.

Back to Basics: PB Ratio


Winner Technology Co PB Ratio Historical Data

The historical data trend for Winner 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.

Winner Technology Co PB Ratio Chart

Winner 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 6.36 1.89 1.92 1.81 3.06

Winner Technology 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 2.45 3.32 3.26 3.06 2.27

Competitive Comparison of Winner Technology Co's PB Ratio

For the Software - Application subindustry, Winner 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.


Winner Technology Co's PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Winner Technology Co's PB Ratio distribution charts can be found below:

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



Winner 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=17.36/8.804
=1.97

* 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.


Winner Technology Co  (SZSE:300609) 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.


Winner Technology Co PB Ratio Related Terms

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


Winner Technology Co (SZSE:300609) Business Description

Traded in Other Exchanges
N/A
Address
Lane 55, Zhangjiang Chuanhe Road, No. 6, China (Shanghai) Pilot Free Trade Zone, Pudong New Area, Shanghai, CHN, 201210
Winner Technology Co Inc Formerly Winner Information Technology Inc is a Chinese company engaged in the big data business. It provides offline consumer entity consumer data collection and analysis. The solutions offered by the company includes smart shopping, wisdom store and data service. Wisdom stores acquire consumer and product information by combining video identification, Beacon\Wi-Fi\RFID and other data collection technologies and multimedia means.
Executives
Sun Wei Min Directors, executives
Zhang Hong Jun Directors, executives
Guo Hong Wei Supervisors
Xue Hong Wei Director

Winner Technology Co (SZSE:300609) Headlines

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