GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Guangzhou Hi-Target Navigation Tech Co Ltd (SZSE:300177) » Definitions » PB Ratio

Guangzhou Hi-Target Navigation Tech Co (SZSE:300177) PB Ratio : 3.44 (As of May. 12, 2024)


View and export this data going back to 2011. Start your Free Trial

What is Guangzhou Hi-Target Navigation Tech 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 (2024-05-12), Guangzhou Hi-Target Navigation Tech Co's share price is ¥7.54. Guangzhou Hi-Target Navigation Tech Co's Book Value per Share for the quarter that ended in Mar. 2024 was ¥2.20. Hence, Guangzhou Hi-Target Navigation Tech Co's PB Ratio of today is 3.44.

The historical rank and industry rank for Guangzhou Hi-Target Navigation Tech Co's PB Ratio or its related term are showing as below:

SZSE:300177' s PB Ratio Range Over the Past 10 Years
Min: 1.81   Med: 3.43   Max: 12.56
Current: 3.44

During the past 13 years, Guangzhou Hi-Target Navigation Tech Co's highest PB Ratio was 12.56. The lowest was 1.81. And the median was 3.43.

SZSE:300177's PB Ratio is ranked worse than
78.47% of 2387 companies
in the Hardware industry
Industry Median: 1.88 vs SZSE:300177: 3.44

During the past 12 months, Guangzhou Hi-Target Navigation Tech Co's average Book Value Per Share Growth Rate was -21.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -4.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -0.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 4.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Guangzhou Hi-Target Navigation Tech Co was 81.70% per year. The lowest was -41.40% per year. And the median was 8.15% per year.

Back to Basics: PB Ratio


Guangzhou Hi-Target Navigation Tech Co PB Ratio Historical Data

The historical data trend for Guangzhou Hi-Target Navigation Tech 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.

Guangzhou Hi-Target Navigation Tech Co PB Ratio Chart

Guangzhou Hi-Target Navigation Tech Co 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 3.65 4.00 3.03 2.16 3.20

Guangzhou Hi-Target Navigation Tech Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.60 2.40 2.59 3.20 2.64

Competitive Comparison of Guangzhou Hi-Target Navigation Tech Co's PB Ratio

For the Scientific & Technical Instruments subindustry, Guangzhou Hi-Target Navigation Tech 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.


Guangzhou Hi-Target Navigation Tech Co's PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Guangzhou Hi-Target Navigation Tech Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Guangzhou Hi-Target Navigation Tech Co's PB Ratio falls into.



Guangzhou Hi-Target Navigation Tech 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.

Guangzhou Hi-Target Navigation Tech Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=7.54/2.195
=3.44

* 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.


Guangzhou Hi-Target Navigation Tech Co  (SZSE:300177) 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.


Guangzhou Hi-Target Navigation Tech Co PB Ratio Related Terms

Thank you for viewing the detailed overview of Guangzhou Hi-Target Navigation Tech Co's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Guangzhou Hi-Target Navigation Tech Co (SZSE:300177) Business Description

Traded in Other Exchanges
N/A
Address
Number 555, North of Panyu Road, Building 13, Tian'An Technology Zone, Panyu District, Guangzhou, CHN, 511400
Guangzhou Hi-Target Navigation Tech Co Ltd is engaged in providing professional high-precision geographic instrument solutions. It offers GPS/GNSS, total stations, GIS mapping products, hydrographic surveying products, UAVs, 3D laser system instruments and BDS high-precision application products, precision agriculture products, precision machine controls and indoor localization solutions.

Guangzhou Hi-Target Navigation Tech Co (SZSE:300177) Headlines

No Headlines