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Servyou Software Group Co (SHSE:603171) PB Ratio : 3.68 (As of May. 28, 2024)


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What is Servyou Software Group 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 (2024-05-28), Servyou Software Group Co's share price is ¥22.35. Servyou Software Group Co's Book Value per Share for the quarter that ended in Mar. 2024 was ¥6.07. Hence, Servyou Software Group Co's PB Ratio of today is 3.68.

Good Sign:

Servyou Software Group Co Ltd stock PB Ratio (=3.73) is close to 3-year low of 3.56

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

SHSE:603171' s PB Ratio Range Over the Past 10 Years
Min: 3.56   Med: 5.71   Max: 8.76
Current: 3.68

During the past 8 years, Servyou Software Group Co's highest PB Ratio was 8.76. The lowest was 3.56. And the median was 5.71.

SHSE:603171's PB Ratio is ranked worse than
63.52% of 2577 companies
in the Software industry
Industry Median: 2.66 vs SHSE:603171: 3.68

During the past 12 months, Servyou Software Group Co's average Book Value Per Share Growth Rate was -0.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 7.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 8.00% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Servyou Software Group Co was 31.20% per year. The lowest was 7.10% per year. And the median was 12.50% per year.

Back to Basics: PB Ratio


Servyou Software Group Co PB Ratio Historical Data

The historical data trend for Servyou Software Group 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.

Servyou Software Group Co PB Ratio Chart

Servyou Software Group Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial - - 5.88 6.03 5.91

Servyou Software Group Co Quarterly Data
Dec18 Mar19 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 7.21 6.68 5.61 5.91 4.15

Competitive Comparison of Servyou Software Group Co's PB Ratio

For the Software - Application subindustry, Servyou Software Group 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.


Servyou Software Group Co's PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Servyou Software Group Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Servyou Software Group Co's PB Ratio falls into.



Servyou Software Group 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.

Servyou Software Group Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=22.35/6.068
=3.68

* 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.


Servyou Software Group Co  (SHSE:603171) 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.


Servyou Software Group Co PB Ratio Related Terms

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


Servyou Software Group Co (SHSE:603171) Business Description

Traded in Other Exchanges
N/A
Address
No. 3738, Nanhuan Road, Puyan Street, Binjiang District, Zhejiang Province, Hangzhou, CHN, 310053
Servyou Software Group Co Ltd is a comprehensive service provider of fiscal and taxation information in China. It offers tax system development and operation and maintenance for tax authorities, and provides comprehensive Internet financial and taxation services for taxpayers and financial and tax intermediaries with the Yiqiying brand.
Executives
Zhou Ke Ren Director

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