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W&E Source (W&E Source) PB Ratio : (As of May. 15, 2024)


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What is W&E Source 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 (2024-05-15), W&E Source's share price is $0.015. W&E Source's Book Value per Share for the quarter that ended in Mar. 2023 was $-0.00. Hence, W&E Source's PB Ratio of today is .

The historical rank and industry rank for W&E Source's PB Ratio or its related term are showing as below:

WESC's PB Ratio is not ranked *
in the Travel & Leisure industry.
Industry Median: 1.78
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


W&E Source PB Ratio Historical Data

The historical data trend for W&E Source'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.

W&E Source PB Ratio Chart

W&E Source Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
PB Ratio
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W&E Source Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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Competitive Comparison of W&E Source's PB Ratio

For the Travel Services subindustry, W&E Source'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.


W&E Source's PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, W&E Source's PB Ratio distribution charts can be found below:

* The bar in red indicates where W&E Source's PB Ratio falls into.



W&E Source 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.

W&E Source's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2023)
=0.015/-0.001
=

* 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.


W&E Source  (OTCPK:WESC) 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.


W&E Source PB Ratio Related Terms

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


W&E Source (W&E Source) Business Description

Traded in Other Exchanges
N/A
Address
113 Barksdale Professional Center, Newark, DE, USA, 19711
W&E Source Corp provides air ticket reservations, hotel reservations, and other travel-related services. It is engaged in services, such as airline and cruise ticketing, customized and packaged tours, travel blogs, travel magazines, sales of travel-related merchandise, group hotel reservations, business travel arrangements, conference travel arrangements, car rental, and admission ticket sale for local tourist attractions. The company earns revenue from providing travel consulting and travel arrangement advisory services and service revenue from travel schedule arrangements and advisory.
Executives
Hong Ba director, 10 percent owner, officer: Chief Executive Officer UNIT 2702, SANLITUN SOHO BUILDING 2, NO 8 GONGTIBEILU, CHAOYANG DISTRICT, BEJING F4 100027
Junjun Wu 10 percent owner 1-97 HONGQI NORTH STREET, XIAOWANG VILLAGE, WANBAILIN DISTRICT, TAIYUAN, SHANXI F4 030024
Chenling Shi 10 percent owner ROOM 903, 9/F ENTRANCE 12, BLDG 4, JIAODAOKOU DONGDAJIE, DONGCHENG DISTRICT, BEIJING F4 100007
Chenxi Shi director, 10 percent owner, officer: President & CEO 1855 TALLEYRAND #203A, BROSSARD A8 J4W 2Y9
Zibing Zhang director, officer: Vice President 3-5557 COTE DES NEIGES, MONTREAL A8 H3T 1Y8
Zhenyu Chen director, officer: Vice President 3-5557 COTE DES NEIGES, MONTREAL A8 H3T 1Y8

W&E Source (W&E Source) Headlines

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