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Baidu (BIDU) PB Ratio : 0.92 (As of Oct. 31, 2024)


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What is Baidu 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 (2024-10-31), Baidu's share price is $91.20. Baidu's Book Value per Share for the quarter that ended in Jun. 2024 was $99.36. Hence, Baidu's PB Ratio of today is 0.92.

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

BIDU' s PB Ratio Range Over the Past 10 Years
Min: 0.82   Med: 2   Max: 11.09
Current: 0.92

During the past 13 years, Baidu's highest PB Ratio was 11.09. The lowest was 0.82. And the median was 2.00.

BIDU's PB Ratio is ranked better than
75.23% of 541 companies
in the Interactive Media industry
Industry Median: 1.91 vs BIDU: 0.92

During the past 12 months, Baidu's average Book Value Per Share Growth Rate was 5.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 8.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 18.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Baidu was 81.40% per year. The lowest was 5.30% per year. And the median was 36.55% per year.

Back to Basics: PB Ratio


Baidu PB Ratio Historical Data

The historical data trend for Baidu'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.

Baidu PB Ratio Chart

Baidu Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.87 2.59 1.55 1.25 1.22

Baidu Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 Premium Member Only Premium Member Only 1.45 1.42 1.22 1.07 0.87

Competitive Comparison of Baidu's PB Ratio

For the Internet Content & Information subindustry, Baidu'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.


Baidu's PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Baidu's PB Ratio distribution charts can be found below:

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



Baidu 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2024)
=91.20/99.364
=0.92

* 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.


Baidu  (NAS:BIDU) 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.


Baidu PB Ratio Related Terms

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


Baidu Business Description

Address
No. 10 Shangdi 10th Street, Baidu Campus, Haidian District, Beijing, CHN, 100085
Baidu is the largest internet search engine in China with over 50% share of the search engine market in 2024 per web analytics firm, Statcounter. The firm generated 72% of core revenue from online marketing services from its search engine in 2023. Outside its search engine, Baidu is a technology-driven company and its other major growth initiatives are artificial intelligence cloud, video streaming services, voice recognition technology, and autonomous driving.

Baidu Headlines

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