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Hydsoft Technology Co (SZSE:301316) PB Ratio : 9.68 (As of Dec. 14, 2024)


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What is Hydsoft 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 (2024-12-14), Hydsoft Technology Co's share price is ¥25.08. Hydsoft Technology Co's Book Value per Share for the quarter that ended in Sep. 2024 was ¥2.59. Hence, Hydsoft Technology Co's PB Ratio of today is 9.68.

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

SZSE:301316' s PB Ratio Range Over the Past 10 Years
Min: 5.18   Med: 9.32   Max: 16.86
Current: 9.68

During the past 8 years, Hydsoft Technology Co's highest PB Ratio was 16.86. The lowest was 5.18. And the median was 9.32.

SZSE:301316's PB Ratio is ranked worse than
86% of 2572 companies
in the Software industry
Industry Median: 2.885 vs SZSE:301316: 9.68

During the past 12 months, Hydsoft Technology Co's average Book Value Per Share Growth Rate was 5.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 28.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 7.90% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Hydsoft Technology Co was 28.50% per year. The lowest was -19.70% per year. And the median was 2.00% per year.

Back to Basics: PB Ratio


Hydsoft Technology Co PB Ratio Historical Data

The historical data trend for Hydsoft 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.

Hydsoft Technology Co PB Ratio Chart

Hydsoft Technology Co Annual Data
Trend Dec13 Dec14 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial - - - 7.96 9.11

Hydsoft Technology Co Quarterly Data
Dec13 Dec14 Dec18 Dec19 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 12.83 9.11 7.76 5.75 7.48

Competitive Comparison of Hydsoft Technology Co's PB Ratio

For the Information Technology Services subindustry, Hydsoft 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.


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

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

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



Hydsoft 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=25.08/2.592
=9.68

* 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.


Hydsoft Technology Co  (SZSE:301316) 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.


Hydsoft Technology Co PB Ratio Related Terms

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


Hydsoft Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 11 Liangzhan Road, Renhe Street, Room 309, 3rd Floor, Building 1, Yuhang District, Zhejiang Province, Hangzhou, CHN, 311107
Hydsoft Technology Co Ltd is engaged in providing professional information technology outsourcing services to customers.

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