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Bescient Technologies Co (SHSE:688671) PB Ratio : 1.35 (As of May. 26, 2024)


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What is Bescient Technologies Co 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 (2024-05-26), Bescient Technologies Co's share price is ¥19.64. Bescient Technologies Co's Book Value per Share for the quarter that ended in Mar. 2024 was ¥14.55. Hence, Bescient Technologies Co's PB Ratio of today is 1.35.

Good Sign:

Bescient Technologies Co Ltd stock PB Ratio (=1.35) is close to 1-year low of 1.35

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

SHSE:688671' s PB Ratio Range Over the Past 10 Years
Min: 1.35   Med: 2.34   Max: 7.69
Current: 1.35

During the past 5 years, Bescient Technologies Co's highest PB Ratio was 7.69. The lowest was 1.35. And the median was 2.34.

SHSE:688671's PB Ratio is ranked better than
67.38% of 2934 companies
in the Industrial Products industry
Industry Median: 1.925 vs SHSE:688671: 1.35

During the past 12 months, Bescient Technologies Co's average Book Value Per Share Growth Rate was 68.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 34.40% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Bescient Technologies Co was 34.40% per year. The lowest was 23.90% per year. And the median was 29.15% per year.

Back to Basics: PB Ratio


Bescient Technologies Co PB Ratio Historical Data

The historical data trend for Bescient Technologies Co'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.

Bescient Technologies Co PB Ratio Chart

Bescient Technologies Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
- - - - 2.40

Bescient Technologies Co Quarterly Data
Dec19 Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 3.16 2.40 1.82

Competitive Comparison of Bescient Technologies Co's PB Ratio

For the Pollution & Treatment Controls subindustry, Bescient Technologies Co'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.


Bescient Technologies Co's PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Bescient Technologies Co's PB Ratio distribution charts can be found below:

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



Bescient Technologies Co 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=19.64/14.553
=1.35

* 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.


Bescient Technologies Co  (SHSE:688671) 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.


Bescient Technologies Co PB Ratio Related Terms

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


Bescient Technologies Co (SHSE:688671) Business Description

Traded in Other Exchanges
N/A
Address
Liuxian 3rd Road, Xin'an Street, Room 301, Building 2, Runheng Industrial Zone, No. 1, Xingdong, Bao'an, Guangdong, Shenzhen, CHN, 518101
Bescient Technologies Co Ltd is a national high-tech backbone enterprise engaged in the development of environmental automatic monitoring. It has always focused on the independent research and development of scientific instruments and big data and is committed to building multi-industry intelligent applications and services that perceive and interconnect all things, and provide strong technical support for the construction of the national ecological environment, water conservancy and public safety. Its main business involves research and development, production and technical services in the fields of intelligent environmental monitoring equipment, environmental monitoring Internet of Things and ecological environment big data, smart water affairs, digital agriculture, and public security.
Executives
He Yuan Ping Director

Bescient Technologies Co (SHSE:688671) Headlines

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