GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Nano Labs Ltd (NAS:NA) » Definitions » PB Ratio

Nano Labs (Nano Labs) PB Ratio : (As of May. 05, 2024)


View and export this data going back to 2022. Start your Free Trial

What is Nano Labs 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 (2024-05-05), Nano Labs's share price is $0.6312. Nano Labs's Book Value per Share for the quarter that ended in Dec. 2023 was $-0.03. Hence, Nano Labs's PB Ratio of today is .

The historical rank and industry rank for Nano Labs's PB Ratio or its related term are showing as below:

During the past 4 years, Nano Labs's highest PB Ratio was 38.48. The lowest was 1.39. And the median was 14.63.

NA's PB Ratio is not ranked *
in the Semiconductors industry.
Industry Median: 2.415
* Ranked among companies with meaningful PB Ratio only.

During the past 12 months, Nano Labs's average Book Value Per Share Growth Rate was -107.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 24.10% per year.

During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Nano Labs was 24.10% per year. The lowest was 24.10% per year. And the median was 24.10% per year.

Back to Basics: PB Ratio


Nano Labs PB Ratio Historical Data

The historical data trend for Nano Labs'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.

Nano Labs PB Ratio Chart

Nano Labs Annual Data
Trend Dec20 Dec21 Dec22 Dec23
PB Ratio
- - 2.72 -

Nano Labs Quarterly Data
Dec20 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Dec23
PB Ratio Get a 7-Day Free Trial Premium Member Only - 2.43 2.72 24.63 -

Competitive Comparison of Nano Labs's PB Ratio

For the Semiconductors subindustry, Nano Labs'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.


Nano Labs's PB Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Nano Labs's PB Ratio distribution charts can be found below:

* The bar in red indicates where Nano Labs's PB Ratio falls into.



Nano Labs 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.

Nano Labs's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=0.6312/-0.031
=

* 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.


Nano Labs  (NAS:NA) 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.


Nano Labs PB Ratio Related Terms

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


Nano Labs (Nano Labs) Business Description

Traded in Other Exchanges
N/A
Address
No. 29, East Jiefang Road, 30th Floor, Dikaiyinzuo, Zhejiang, Hangzhou, CHN
Nano Labs Ltd operates as a fabless IC design company and product solution provider in China. It engages in the development of HTC chips, HPC chips, distributed computing and storage solutions, smart-NICs, vision computing chips, and distributed rendering. Its products comprise Cuckoo 1.0 Chip, Cuckoo 2.0 Chip, and Darkbird 1.0 Chip. Majority of the company revenue comes from China.