Erayak Power Solution
RAYA
$0.76
Share price
5.57%
Change (1 day)
-57.54%
Change (1 year)
Categories
Erayak Power Solution (RAYA) - P/B ratio
P/B ratio as of May 2024 : 0.5346
According to Erayak Power Solution's latest financial reports the company has a price-to-book ratio of 0.5346.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.
Erayak Power Solution - P/B ratio (from 2022 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 0.6534 | -47.07% |
| 2022-12-31 | 1.23 | |
| 2021-12-31 | N/A | |
| 2020-12-31 | N/A |