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ZBAO (Zhibao Technology) PB Ratio : 50.76 (As of Oct. 31, 2024)


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What is Zhibao 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), Zhibao Technology's share price is $3.452. Zhibao Technology's Book Value per Share for the quarter that ended in Dec. 2023 was $0.07. Hence, Zhibao Technology's PB Ratio of today is 50.76.

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

ZBAO' s PB Ratio Range Over the Past 10 Years
Min: 23.45   Med: 27.34   Max: 58.53
Current: 46.32

During the past 2 years, Zhibao Technology's highest PB Ratio was 58.53. The lowest was 23.45. And the median was 27.34.

ZBAO's PB Ratio is ranked worse than
99.38% of 482 companies
in the Insurance industry
Industry Median: 1.3 vs ZBAO: 46.32

During the past 12 months, Zhibao Technology's average Book Value Per Share Growth Rate was -48.10% per year.

Back to Basics: PB Ratio


Zhibao Technology PB Ratio Historical Data

The historical data trend for Zhibao 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.

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Zhibao Technology PB Ratio Chart

Zhibao Technology Annual Data
Trend Jun21 Jun22
PB Ratio
- -

Zhibao Technology Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
PB Ratio Get a 7-Day Free Trial - - - - -

Competitive Comparison of Zhibao Technology's PB Ratio

For the Insurance Brokers subindustry, Zhibao 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.


Zhibao Technology's PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Zhibao Technology's PB Ratio distribution charts can be found below:

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



Zhibao 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.

Zhibao Technology's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=3.452/0.068
=50.76

* 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.


Zhibao Technology  (NAS:ZBAO) 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.


Zhibao Technology PB Ratio Related Terms

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Zhibao Technology Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Floor 3, Building 6, Wuxing Road, Lane 727, Shanghai, CHN, 201204
Zhibao Technology Inc is a insurance technology company primarily engaged in providing digital insurance brokerage services in China. 2B2C digital embedded insurance is their innovative business model which They pioneered in China. They provide customized digital insurance solutions for B-side channels (covering a wide range of industries and organizations, including but not limited to Internet platforms, large and medium-sized enterprises, and government agencies, etc.), embedding them into the channel's existing business matrix, and providing the channel with Provide digital insurance brokerage services to C-end customers.