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36KR Holdings (36KR Holdings) PB Ratio : 0.42 (As of May. 12, 2024)


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What is 36KR Holdings 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 (2024-05-12), 36KR Holdings's share price is $0.373. 36KR Holdings's Book Value per Share for the quarter that ended in Dec. 2023 was $0.89. Hence, 36KR Holdings's PB Ratio of today is 0.42.

The historical rank and industry rank for 36KR Holdings's PB Ratio or its related term are showing as below:

KRKR' s PB Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.93   Max: 3.52
Current: 0.42

During the past 7 years, 36KR Holdings's highest PB Ratio was 3.52. The lowest was 0.40. And the median was 0.93.

KRKR's PB Ratio is ranked better than
91.68% of 541 companies
in the Interactive Media industry
Industry Median: 1.96 vs KRKR: 0.42

During the past 12 months, 36KR Holdings's average Book Value Per Share Growth Rate was -28.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -16.10% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of 36KR Holdings was -16.10% per year. The lowest was -19.90% per year. And the median was -18.00% per year.

Back to Basics: PB Ratio


36KR Holdings PB Ratio Historical Data

The historical data trend for 36KR Holdings'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.

36KR Holdings PB Ratio Chart

36KR Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial 3.05 1.86 0.89 0.83 0.63

36KR Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.83 0.98 0.84 1.00 0.63

Competitive Comparison of 36KR Holdings's PB Ratio

For the Internet Content & Information subindustry, 36KR Holdings'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.


36KR Holdings's PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, 36KR Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where 36KR Holdings's PB Ratio falls into.



36KR Holdings 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.

36KR Holdings's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=0.373/0.889
=0.42

* 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.


36KR Holdings  (NAS:KRKR) 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.


36KR Holdings PB Ratio Related Terms

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36KR Holdings (36KR Holdings) Business Description

Traded in Other Exchanges
N/A
Address
No. 10 South Chaoyang Park Avenue, 5th-6th Floor, Tower A1, Junhao Central Park Plaza, Chaoyang District, Beijing, CHN, 100026
36KR Holdings Inc is a holding company and conducts its business mainly through its subsidiaries, a VIE, and subsidiaries of the VIE. The Group is engaging in providing content and business services to new economy participants in the PRC. Its content production process includes content creation, content editing, screening and monitoring, and content distribution. The Group mainly generates revenues from providing online advertising services, enterprise value-added services, and subscription services. The Group's principal operations and geographic markets are substantially located in PRC.