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North Long Dragon New Materials Tech Co (SZSE:301357) PB Ratio : 2.55 (As of Jan. 18, 2025)


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What is North Long Dragon New Materials 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 (2025-01-18), North Long Dragon New Materials Tech Co's share price is ¥30.22. North Long Dragon New Materials Tech Co's Book Value per Share for the quarter that ended in Sep. 2024 was ¥11.84. Hence, North Long Dragon New Materials Tech Co's PB Ratio of today is 2.55.

The historical rank and industry rank for North Long Dragon New Materials Tech Co's PB Ratio or its related term are showing as below:

SZSE:301357' s PB Ratio Range Over the Past 10 Years
Min: 1.78   Med: 2.93   Max: 9.01
Current: 2.55

During the past 6 years, North Long Dragon New Materials Tech Co's highest PB Ratio was 9.01. The lowest was 1.78. And the median was 2.93.

SZSE:301357's PB Ratio is ranked better than
54.21% of 297 companies
in the Aerospace & Defense industry
Industry Median: 2.73 vs SZSE:301357: 2.55

During the past 12 months, North Long Dragon New Materials Tech Co's average Book Value Per Share Growth Rate was -0.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 61.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 54.30% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of North Long Dragon New Materials Tech Co was 61.50% per year. The lowest was 44.00% per year. And the median was 53.50% per year.

Back to Basics: PB Ratio


North Long Dragon New Materials Tech Co PB Ratio Historical Data

The historical data trend for North Long Dragon New Materials 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.

North Long Dragon New Materials Tech Co PB Ratio Chart

North Long Dragon New Materials Tech Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial - - - - 3.01

North Long Dragon New Materials Tech Co Quarterly Data
Dec18 Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.90 3.01 2.25 2.71 2.59

Competitive Comparison of North Long Dragon New Materials Tech Co's PB Ratio

For the Aerospace & Defense subindustry, North Long Dragon New Materials 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.


North Long Dragon New Materials Tech Co's PB Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, North Long Dragon New Materials Tech Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where North Long Dragon New Materials Tech Co's PB Ratio falls into.



North Long Dragon New Materials 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.

North Long Dragon New Materials Tech Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=30.22/11.836
=2.55

* 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.


North Long Dragon New Materials Tech Co  (SZSE:301357) 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.


North Long Dragon New Materials Tech Co PB Ratio Related Terms

Thank you for viewing the detailed overview of North Long Dragon New Materials Tech Co's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


North Long Dragon New Materials Tech Co Business Description

Traded in Other Exchanges
N/A
Address
No. 699 Hangtian East Road, 2nd Floor, Building 11, Civil-Military Integration Innovation Park (Area B), National Civil Aerospace Industry Base, Shaanxi Province, Xi'an, CHN, 710100
North Long Dragon New Materials Tech Co Ltd is mainly engaged in the R&D, design, production and sales of supporting equipment for military vehicles with the core of non-metal composite material performance research, process structure design and application technology. The products are widely used in electronic information, armored combat, armored support and other round Type, tracked vehicle main combat equipment.

North Long Dragon New Materials Tech Co Headlines

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