IEIT Systems Co (SZSE:000977) PB Ratio : 3.22 (As of May. 16, 2024)

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What is IEIT Systems 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 (2024-05-16), IEIT Systems Co's share price is ¥39.95. IEIT Systems Co's Book Value per Share for the quarter that ended in Mar. 2024 was ¥12.42. Hence, IEIT Systems Co's PB Ratio of today is 3.22.

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

SZSE:000977' s PB Ratio Range Over the Past 10 Years
Min: 1.72 Med: 4.14 Max: 17.9
Current: 3.22

During the past 13 years, IEIT Systems Co's highest PB Ratio was 17.90. The lowest was 1.72. And the median was 4.14.

SZSE:000977's PB Ratio is ranked worse than
76.85% of 2389 companies
in the Hardware industry
Industry Median: 1.86 vs SZSE:000977: 3.22

During the past 12 months, IEIT Systems Co's average Book Value Per Share Growth Rate was 4.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 7.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 14.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 26.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of IEIT Systems Co was 47.20% per year. The lowest was -5.80% per year. And the median was 14.30% per year.

Back to Basics: PB Ratio

IEIT Systems Co PB Ratio Historical Data

The historical data trend for IEIT Systems 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.

IEIT Systems Co PB Ratio Chart

IEIT Systems Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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3.90

2.70

3.44

1.82

2.72

IEIT Systems 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															2.94	4.07	3.26	2.72	3.45

Competitive Comparison of IEIT Systems Co's PB Ratio

For the Computer Hardware subindustry, IEIT Systems 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.

IEIT Systems Co's PB Ratio Distribution in the Hardware Industry

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

* The bar in red indicates where IEIT Systems Co's PB Ratio falls into.

IEIT Systems 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.

IEIT Systems Co's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Mar. 2024)
	=	39.95	/	12.421
	=	3.22

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.

IEIT Systems Co (SZSE:000977) 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.

IEIT Systems Co PB Ratio Related Terms

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IEIT Systems Co (SZSE:000977) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » IEIT Systems Co Ltd (SZSE:000977) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

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Address

1036 Langchao Road, Shandong Province, Jinan, CHN, 250101

Website

http://www.inspur.com

IEIT Systems Co Ltd formerly Inspur Electronic Information Industry Co Ltd is a China-based cloud computing, big data service provider. It is engaged in providing cloud computing solutions and services at IaaS, PaaS and SaaS levels. Its products include rack servers, blade systems, mission-critical systems, storage devices, mainframe security products and others. The company assists customers to build platforms underpinned by cloud computing infrastructure and based on its information software for governments, enterprises, and industries, terminal products, and solutions, the company support governments, enterprises, and industries in cloud construction. The company ships its IT products and services internationally.

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