GURUFOCUS.COM » STOCK LIST » Technology » Software » U-BX Technology Ltd (NAS:UBXG) » Definitions » PB Ratio

UBXG (U-BX Technology) PB Ratio : 1.57 (As of Oct. 31, 2024)


View and export this data going back to 2024. Start your Free Trial

What is U-BX Technology 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), U-BX Technology's share price is $0.3399. U-BX Technology's Book Value per Share for the quarter that ended in Dec. 2023 was $0.22. Hence, U-BX Technology's PB Ratio of today is 1.57.

Good Sign:

U-BX Technology Ltd stock PB Ratio (=1.54) is close to 1-year low of 1.54

The historical rank and industry rank for U-BX Technology's PB Ratio or its related term are showing as below:

UBXG' s PB Ratio Range Over the Past 10 Years
Min: 1.54   Med: 120.39   Max: 550
Current: 1.54

During the past 4 years, U-BX Technology's highest PB Ratio was 550.00. The lowest was 1.54. And the median was 120.39.

UBXG's PB Ratio is ranked better than
73.84% of 2573 companies
in the Software industry
Industry Median: 2.79 vs UBXG: 1.54

During the past 12 months, U-BX Technology's average Book Value Per Share Growth Rate was 442.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 11.30% per year.

During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of U-BX Technology was 11.30% per year. The lowest was 11.30% per year. And the median was 11.30% per year.

Back to Basics: PB Ratio


U-BX Technology PB Ratio Historical Data

The historical data trend for U-BX Technology'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.

U-BX Technology PB Ratio Chart

U-BX Technology Annual Data
Trend Jun20 Jun21 Jun22 Jun23
PB Ratio
- - - -

U-BX Technology Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
PB Ratio Get a 7-Day Free Trial - - - - -

Competitive Comparison of U-BX Technology's PB Ratio

For the Software - Infrastructure subindustry, U-BX Technology'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.


U-BX Technology's PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, U-BX Technology's PB Ratio distribution charts can be found below:

* The bar in red indicates where U-BX Technology's PB Ratio falls into.



U-BX Technology 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.

U-BX Technology's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=0.3399/0.217
=1.57

* 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.


U-BX Technology  (NAS:UBXG) 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.


U-BX Technology PB Ratio Related Terms

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


U-BX Technology Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 1 Linkong Er Road, Shunyi District, Zhongguan Science and Technology Park, Beijing, CHN
Website
U-BX Technology Ltd is focused on providing value-added services using artificial intelligence-driven technology to businesses within the insurance industry, including insurance carriers and brokers. It helps institutional clients obtain visibility on various social media platforms and generate revenue based on consumers' clicks, views, or its clients' promotion time through those channels. The company has also developed an algorithm named Magic Mirror to calculate payout risks for insurance carriers to underwrite auto insurance coverage.

U-BX Technology Headlines