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ZBAO (Zhibao Technology) Price-to-Tangible-Book : 56.59 (As of Oct. 31, 2024)


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What is Zhibao Technology Price-to-Tangible-Book?

As of today (2024-10-31), Zhibao Technology's share price is $3.452. Zhibao Technology's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $0.06. Hence, Zhibao Technology's Price to Tangible Book Ratio of today is 56.59.

The historical rank and industry rank for Zhibao Technology's Price-to-Tangible-Book or its related term are showing as below:

ZBAO' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0   Med: 0   Max: 57.53
Current: 57.53

During the past 2 years, Zhibao Technology's highest Price to Tangible Book Ratio was 57.53. The lowest was 0.00. And the median was 0.00.

ZBAO's Price-to-Tangible-Book is ranked worse than
98.9% of 456 companies
in the Insurance industry
Industry Median: 1.415 vs ZBAO: 57.53

A closely related ratio is called PB Ratio. As of today, Zhibao Technology's share price is $3.452. Zhibao Technology's Book Value per Sharefor the quarter that ended in Dec. 2023 was $0.07. Hence, Zhibao Technology's P/B Ratio of today is 50.76.


Zhibao Technology Price-to-Tangible-Book Historical Data

The historical data trend for Zhibao Technology's Price-to-Tangible-Book 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.

Zhibao Technology Price-to-Tangible-Book Chart

Zhibao Technology Annual Data
Trend Jun21 Jun22
Price-to-Tangible-Book
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Zhibao Technology Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Price-to-Tangible-Book Get a 7-Day Free Trial - - - - -

Competitive Comparison of Zhibao Technology's Price-to-Tangible-Book

For the Insurance Brokers subindustry, Zhibao Technology's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 Price-to-Tangible-Book Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Zhibao Technology's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Zhibao Technology's Price-to-Tangible-Book falls into.



Zhibao Technology Price-to-Tangible-Book Calculation

Zhibao Technology's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=3.452/0.061
=56.59

* 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 PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


Zhibao Technology Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Zhibao Technology's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


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.