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Beijing Oriental Jicheng Co (SZSE:002819) PB Ratio : 2.12 (As of Jun. 06, 2024)


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What is Beijing Oriental Jicheng 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 (2024-06-06), Beijing Oriental Jicheng Co's share price is ¥21.07. Beijing Oriental Jicheng Co's Book Value per Share for the quarter that ended in Mar. 2024 was ¥9.92. Hence, Beijing Oriental Jicheng Co's PB Ratio of today is 2.12.

Good Sign:

Beijing Oriental Jicheng Co Ltd stock PB Ratio (=2.33) is close to 1-year low of 2.15

The historical rank and industry rank for Beijing Oriental Jicheng Co's PB Ratio or its related term are showing as below:

SZSE:002819' s PB Ratio Range Over the Past 10 Years
Min: 1.67   Med: 6.72   Max: 17.47
Current: 2.12

During the past 13 years, Beijing Oriental Jicheng Co's highest PB Ratio was 17.47. The lowest was 1.67. And the median was 6.72.

SZSE:002819's PB Ratio is ranked worse than
57.71% of 2388 companies
in the Hardware industry
Industry Median: 1.89 vs SZSE:002819: 2.12

During the past 12 months, Beijing Oriental Jicheng Co's average Book Value Per Share Growth Rate was -8.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 42.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 35.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 17.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Beijing Oriental Jicheng Co was 55.80% per year. The lowest was 3.10% per year. And the median was 8.40% per year.

Back to Basics: PB Ratio


Beijing Oriental Jicheng Co PB Ratio Historical Data

The historical data trend for Beijing Oriental Jicheng 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.

Beijing Oriental Jicheng Co PB Ratio Chart

Beijing Oriental Jicheng Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.59 9.14 2.75 2.21 2.56

Beijing Oriental Jicheng Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only 2.89 3.21 2.41 2.56 2.55

Competitive Comparison of Beijing Oriental Jicheng Co's PB Ratio

For the Electronics & Computer Distribution subindustry, Beijing Oriental Jicheng 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.


Beijing Oriental Jicheng Co's PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Beijing Oriental Jicheng Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Beijing Oriental Jicheng Co's PB Ratio falls into.



Beijing Oriental Jicheng 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.

Beijing Oriental Jicheng Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=21.07/9.924
=2.12

* 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.


Beijing Oriental Jicheng Co  (SZSE:002819) 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.


Beijing Oriental Jicheng Co PB Ratio Related Terms

Thank you for viewing the detailed overview of Beijing Oriental Jicheng Co's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Beijing Oriental Jicheng Co (SZSE:002819) Business Description

Traded in Other Exchanges
N/A
Address
No. 67, Fucheng Road, Yindu Building, Haidian District, Beijing, CHN, 100034
Beijing Oriental Jicheng Co Ltd operates as an integrated service provider in the field of electronic test and measurement in China. Its products include power supply, digital multimeter, signal generator, electronic load, data collector and switch, wireless device tester, semiconductor and solar cell testing equipment, calibrator, and analyzer instruments.
Executives
Wu Xu Executives
Zheng Da Wei Directors, executives
Chen Yi Gang Executives
Wang Ge Director
Xiao Jia Zhong Supervisors
Yan Li Directors, executives
Chang Hong Directors, executives

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