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ZJK (ZJK Industrial Co) PB Ratio : 32.77 (As of Dec. 11, 2024)


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What is ZJK Industrial 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 (2024-12-11), ZJK Industrial Co's share price is $11.60. ZJK Industrial Co's Book Value per Share for the quarter that ended in Dec. 2023 was $0.35. Hence, ZJK Industrial Co's PB Ratio of today is 32.77.

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

ZJK' s PB Ratio Range Over the Past 10 Years
Min: 12.51   Med: 13.93   Max: 39.8
Current: 35.17

During the past 3 years, ZJK Industrial Co's highest PB Ratio was 39.80. The lowest was 12.51. And the median was 13.93.

ZJK's PB Ratio is ranked worse than
99.56% of 2929 companies
in the Industrial Products industry
Industry Median: 2.15 vs ZJK: 35.17

During the past 12 months, ZJK Industrial Co's average Book Value Per Share Growth Rate was 50.00% per year.

Back to Basics: PB Ratio


ZJK Industrial Co PB Ratio Historical Data

The historical data trend for ZJK Industrial 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.

ZJK Industrial Co PB Ratio Chart

ZJK Industrial Co Annual Data
Trend Dec21 Dec22 Dec23
PB Ratio
- - -

ZJK Industrial Co Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
PB Ratio - - - - -

Competitive Comparison of ZJK Industrial Co's PB Ratio

For the Specialty Industrial Machinery subindustry, ZJK Industrial 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.


ZJK Industrial Co's PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, ZJK Industrial Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where ZJK Industrial Co's PB Ratio falls into.



ZJK Industrial 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.

ZJK Industrial Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=11.60/0.354
=32.77

* 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.


ZJK Industrial Co  (NAS:ZJK) 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.


ZJK Industrial Co PB Ratio Related Terms

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ZJK Industrial Co Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No.8, Jingqiang Road, 138 Industrial Zone, Xiuxin Community, Kengzi Town, Pingshan New Area, Shenzhen, CHN, 518122
ZJK Industrial Co Ltd is a high-tech enterprise specialized in the manufacturing and sale of precision fasteners, structural parts, and other precision metal parts products for new energy vehicles, circuit boards, data centers, liquid cooling systems for high-speed supercomputers widely applied in the artificial intelligence industry, and intelligent electronic equipment, such as mobile phones, smart watches, drones, and 5G communication base stations. Its products include various standard screws, nuts, bolts, turning parts, stamping parts, and Computer Numerical Control (CNC) machining parts. The products are used in new energy vehicles, mobile phones, smart watches, drones, 5G communication base stations, circuit boards, liquid cooling systems, and other electronic equipment.