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Mloptic (SHSE:688502) PB Ratio : 4.05 (As of Apr. 25, 2024)


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What is Mloptic 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 (2024-04-25), Mloptic's share price is ¥91.31. Mloptic's Book Value per Share for the quarter that ended in Dec. 2023 was ¥22.56. Hence, Mloptic's PB Ratio of today is 4.05.

Good Sign:

Mloptic Corp stock PB Ratio (=4.05) is close to 2-year low of 4.05

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

SHSE:688502' s PB Ratio Range Over the Past 10 Years
Min: 3.93   Med: 8.86   Max: 33.92
Current: 4.05

During the past 9 years, Mloptic's highest PB Ratio was 33.92. The lowest was 3.93. And the median was 8.86.

SHSE:688502's PB Ratio is ranked worse than
83.99% of 2392 companies
in the Hardware industry
Industry Median: 1.83 vs SHSE:688502: 4.05

During the past 12 months, Mloptic's average Book Value Per Share Growth Rate was 227.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 48.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 35.30% per year.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Mloptic was 54.70% per year. The lowest was 8.20% per year. And the median was 36.40% per year.

Back to Basics: PB Ratio


Mloptic PB Ratio Historical Data

The historical data trend for Mloptic'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.

Mloptic PB Ratio Chart

Mloptic Annual Data
Trend Dec13 Dec14 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only - - - - 9.62

Mloptic Quarterly Data
Dec13 Dec14 Mar15 Dec17 Dec18 Dec19 Mar20 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 9.49 8.66 10.38 9.62

Competitive Comparison of Mloptic's PB Ratio

For the Scientific & Technical Instruments subindustry, Mloptic'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.


Mloptic's PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Mloptic's PB Ratio distribution charts can be found below:

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



Mloptic 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.

Mloptic's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=91.31/22.556
=4.05

* 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.


Mloptic  (SHSE:688502) 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.


Mloptic PB Ratio Related Terms

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


Mloptic (SHSE:688502) Business Description

Traded in Other Exchanges
N/A
Address
No. 398 Pugang Street, Jiangning Development Zone, Jiangsu Province, Nanjing, CHN, 211102
Mloptic Corp is engaged in the research and development, design, manufacture and sales of precision optical devices, optical lenses and optical systems.

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