WiMi Hologram Cloud (WiMi Hologram Cloud) PB Ratio : 0.59 (As of Apr. 28, 2024)

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What is WiMi Hologram Cloud 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 (2024-04-28), WiMi Hologram Cloud's share price is $1.02. WiMi Hologram Cloud's Book Value per Share for the quarter that ended in Jun. 2023 was $1.73. Hence, WiMi Hologram Cloud's PB Ratio of today is 0.59.

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

WIMI' s PB Ratio Range Over the Past 10 Years
Min: 0.27 Med: 0.99 Max: 16.03
Current: 0.59

During the past 6 years, WiMi Hologram Cloud's highest PB Ratio was 16.03. The lowest was 0.27. And the median was 0.99.

WIMI's PB Ratio is ranked better than
81.45% of 954 companies
in the Media - Diversified industry
Industry Median: 1.45 vs WIMI: 0.59

During the past 12 months, WiMi Hologram Cloud's average Book Value Per Share Growth Rate was -20.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 19.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 49.10% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of WiMi Hologram Cloud was 105.70% per year. The lowest was 19.60% per year. And the median was 42.90% per year.

Back to Basics: PB Ratio

WiMi Hologram Cloud PB Ratio Historical Data

The historical data trend for WiMi Hologram Cloud'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.

WiMi Hologram Cloud PB Ratio Chart

WiMi Hologram Cloud Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

PB Ratio

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2.85

1.33

0.43

WiMi Hologram Cloud Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
PB Ratio	Get a 7-Day Free Trial							2.03	1.33	1.00	0.43	0.63

Competitive Comparison of WiMi Hologram Cloud's PB Ratio

For the Advertising Agencies subindustry, WiMi Hologram Cloud'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.

WiMi Hologram Cloud's PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, WiMi Hologram Cloud's PB Ratio distribution charts can be found below:

* The bar in red indicates where WiMi Hologram Cloud's PB Ratio falls into.

WiMi Hologram Cloud 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.

WiMi Hologram Cloud's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Jun. 2023)
	=	1.02	/	1.733
	=	0.59

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

WiMi Hologram Cloud (NAS:WIMI) 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.

WiMi Hologram Cloud PB Ratio Related Terms

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WiMi Hologram Cloud (WiMi Hologram Cloud) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » WiMi Hologram Cloud Inc (NAS:WIMI) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

0BF1:Germany

Address

1st West Dawang Road, Room No.2002, Building A, Wentley Center, Chaoyang, Beijing, CHN, 100020

Website

http://ir.wimiar.com

WiMi Hologram Cloud Inc and its subsidiaries offer augmented reality (AR) based holographic services and products to cater to its customers. Its AR service and product offerings primarily consist of holographic AR advertising services and holographic AR entertainment products. It is also into the semiconductor business, in which the company provides central processing algorithm services and computer chip products to enterprise customers and the sales of comprehensive solutions for central processing algorithms and related services with software and hardware integration. The company reports in three segments: AR advertising, AR entertainment, and Semiconductor. Its geographical segments are Mainland China, Hong Kong, and International.