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Sublime China Information Co (SZSE:301299) PB Ratio : 3.92 (As of May. 26, 2024)


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What is Sublime China Information 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), Sublime China Information Co's share price is ¥45.65. Sublime China Information Co's Book Value per Share for the quarter that ended in Mar. 2024 was ¥11.64. Hence, Sublime China Information Co's PB Ratio of today is 3.92.

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

SZSE:301299' s PB Ratio Range Over the Past 10 Years
Min: 3   Med: 5.08   Max: 11.48
Current: 3.97

During the past 8 years, Sublime China Information Co's highest PB Ratio was 11.48. The lowest was 3.00. And the median was 5.08.

SZSE:301299's PB Ratio is ranked worse than
66.74% of 2577 companies
in the Software industry
Industry Median: 2.66 vs SZSE:301299: 3.97

During the past 12 months, Sublime China Information Co's average Book Value Per Share Growth Rate was -1.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 38.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 39.40% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Sublime China Information Co was 56.00% per year. The lowest was -10.40% per year. And the median was 31.50% per year.

Back to Basics: PB Ratio


Sublime China Information Co PB Ratio Historical Data

The historical data trend for Sublime China Information 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.

Sublime China Information Co PB Ratio Chart

Sublime China Information Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial - - - 4.32 5.27

Sublime China Information Co Quarterly Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 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 4.81 5.08 6.09 5.27 3.99

Competitive Comparison of Sublime China Information Co's PB Ratio

For the Information Technology Services subindustry, Sublime China Information 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.


Sublime China Information Co's PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Sublime China Information Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Sublime China Information Co's PB Ratio falls into.



Sublime China Information 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.

Sublime China Information Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=45.65/11.643
=3.92

* 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.


Sublime China Information Co  (SZSE:301299) 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.


Sublime China Information Co PB Ratio Related Terms

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


Sublime China Information Co (SZSE:301299) Business Description

Traded in Other Exchanges
N/A
Address
No. 186, North Beijing Road, Zhangdian District, Shandong Province, Zibo, CHN, 255095
Sublime China Information Co Ltd is commodity market data monitoring, transaction price evaluation and industry data analysis company.
Executives
Lu Hua Directors, executives

Sublime China Information Co (SZSE:301299) Headlines

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