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EZGO Technologies (EZGO Technologies) PB Ratio : 0.08 (As of Apr. 26, 2024)


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What is EZGO Technologies 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 (2024-04-26), EZGO Technologies's share price is $1.96. EZGO Technologies's Book Value per Share for the quarter that ended in Sep. 2023 was $24.83. Hence, EZGO Technologies's PB Ratio of today is 0.08.

Good Sign:

EZGO Technologies Ltd stock PB Ratio (=0.07) is close to 5-year low of 0.07

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

EZGO' s PB Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.62   Max: 11.93
Current: 0.08

During the past 6 years, EZGO Technologies's highest PB Ratio was 11.93. The lowest was 0.07. And the median was 0.62.

EZGO's PB Ratio is ranked better than
99.44% of 1251 companies
in the Vehicles & Parts industry
Industry Median: 1.44 vs EZGO: 0.08

During the past 12 months, EZGO Technologies's average Book Value Per Share Growth Rate was -50.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -9.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 13.40% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of EZGO Technologies was 82.40% per year. The lowest was -9.50% per year. And the median was 6.30% per year.

Back to Basics: PB Ratio


EZGO Technologies PB Ratio Historical Data

The historical data trend for EZGO Technologies'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.

EZGO Technologies PB Ratio Chart

EZGO Technologies Annual Data
Trend Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
PB Ratio
Get a 7-Day Free Trial - - 1.40 0.32 0.23

EZGO Technologies Semi-Annual Data
Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 1.40 0.62 0.32 1.80 0.23

Competitive Comparison of EZGO Technologies's PB Ratio

For the Recreational Vehicles subindustry, EZGO Technologies'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.


EZGO Technologies's PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, EZGO Technologies's PB Ratio distribution charts can be found below:

* The bar in red indicates where EZGO Technologies's PB Ratio falls into.



EZGO Technologies 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.

EZGO Technologies's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2023)
=1.96/24.834
=0.08

* 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.


EZGO Technologies  (NAS:EZGO) 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.


EZGO Technologies PB Ratio Related Terms

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


EZGO Technologies (EZGO Technologies) Business Description

Traded in Other Exchanges
N/A
Address
Changzhou Institute of Dalian University of Technology, Building No. A, Floor 2, Science and Education Town, Wujin District, Jiangsu, Changzhou, CHN, 213164
EZGO Technologies Ltd is engaged in the sale of e-bicycles and battery and e-bicycle rentals, complemented by the sale of battery packs, battery cell trading and charging pile business. Its product categories include e-bicycle, e-motorcycle and e-moped and urban style e-tricycle. Its segments include the Battery cells and packs and the E-bicycle sales segment. The company generates maximum revenue from the E-bicycle segment.