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 (2024-04-28), Smart Powerr's share price is $1.07. Smart Powerr's Book Value per Share for the quarter that ended in Dec. 2023 was $13.44. Hence, Smart Powerr's PB Ratio of today is 0.08.
The historical rank and industry rank for Smart Powerr's PB Ratio or its related term are showing as below:
CREG'
s PB Ratio Range Over the Past 10 Years
Min: 0.03 Med: 0.11 Max: 1.92
Current: 0.08
During the past 13 years, Smart Powerr's highest PB Ratio was 1.92. The lowest was 0.03. And the median was 0.11.
During the past 12 months, Smart Powerr's average Book Value Per Share Growth Rate was -10.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -22.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -30.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -30.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Smart Powerr was 386.50% per year. The lowest was -79.40% per year. And the median was 2.30% per year.
Back to Basics: PB Ratio
Smart Powerr PB Ratio Historical Data
The historical data trend for Smart Powerr'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.
For the Utilities - Renewable subindustry, Smart Powerr'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.
Smart Powerr's PB Ratio Distribution in the Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Smart Powerr's PB Ratio distribution charts can be found below:
* The bar in red indicates where Smart Powerr's PB Ratio falls into.
Smart Powerr 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.
Smart Powerr's PB Ratio for today is calculated as follows:
* 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.
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.
Smart Powerr PB Ratio Related Terms
Thank you for viewing the detailed overview of Smart Powerr's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Smart Powerr Corp, is a developer of waste energy recycling. The company design, finance, construct, operate, and transfer energy saving and recovery facilities for multiple energy-intensive industries. Its waste heat-to-energy solution consists of heat power generation projects for applications in cement, steel, coking coal, and nonferrous metal industries, which collect the residual heat from various manufacturing processes, such as the entrance and exit ends of the cement rotary kilns, to generate electricity. The company's waste gas-to-energy solution consists of a WGPG system that utilizes flammable waste gas from coal mining, petroleum exploitation, refinery processing, or other sources as a fuel source to generate electricity.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
CREG has been successfully added to your 