ICZOOM Group (ICZOOM Group) PB Ratio : 1.43 (As of May. 16, 2024)

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What is ICZOOM Group 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 (2024-05-16), ICZOOM Group's share price is $2.15. ICZOOM Group's Book Value per Share for the quarter that ended in Jun. 2023 was $1.51. Hence, ICZOOM Group's PB Ratio of today is 1.43.

Good Sign:

ICZOOM Group Inc stock PB Ratio (=1.5) is close to 1-year low of 1.45

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

IZM' s PB Ratio Range Over the Past 10 Years
Min: 1.06 Med: 5.43 Max: 29.93
Current: 1.5

During the past 5 years, ICZOOM Group's highest PB Ratio was 29.93. The lowest was 1.06. And the median was 5.43.

IZM's PB Ratio is ranked better than
61.28% of 2389 companies
in the Hardware industry
Industry Median: 1.86 vs IZM: 1.50

During the past 12 months, ICZOOM Group's average Book Value Per Share Growth Rate was -6.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 45.60% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of ICZOOM Group was 80.60% per year. The lowest was 45.60% per year. And the median was 63.10% per year.

Back to Basics: PB Ratio

ICZOOM Group PB Ratio Historical Data

The historical data trend for ICZOOM Group'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.

ICZOOM Group PB Ratio Chart

ICZOOM Group Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

PB Ratio

3.13

ICZOOM Group Semi-Annual Data
	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
PB Ratio	Get a 7-Day Free Trial				-	-	-	-	3.13

Competitive Comparison of ICZOOM Group's PB Ratio

For the Electronics & Computer Distribution subindustry, ICZOOM Group'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.

ICZOOM Group's PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, ICZOOM Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where ICZOOM Group's PB Ratio falls into.

ICZOOM Group 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.

ICZOOM Group's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Jun. 2023)
	=	2.15	/	1.505
	=	1.43

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

ICZOOM Group (NAS:IZM) 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.

ICZOOM Group PB Ratio Related Terms

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ICZOOM Group (ICZOOM Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » ICZOOM Group Inc (NAS:IZM) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 7018 Cai Tian Road, Room 3801, Building A, Sunhope e·METRO, Futian District, Guangdong, Shenzhen, CHN, 518000

Website

http://www.iczoomex.com

ICZOOM Group Inc is engaged in the sale of electronic component products to customers in China. These products are used by small and medium-sized enterprises (SMEs) in the consumer electronic industry, Internet of Things (IoT), automotive electronics, and industrial control segment. In addition to the sales of electronic component products, also provides services to customers such as temporary warehousing, logistic and shipping, and customs clearance and charges them additional service commission fees. The company earns maximum revenue from sale of electronic components.