Zhejiang Zheneng Electric (600023.SS)

P/B ratio as of December 2025 : 0.7990

According to Zhejiang Zheneng Electric's latest financial reports the company has a price-to-book ratio of 0.842502.
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.

Zhejiang Zheneng Electric - P/B ratio (from 2016 to 2025)

P/B ratio by year

Year	P/B ratio	Change
2025-12-31	N/A	-100%
2024-12-31	0.8741	13.08%
2023-12-31	0.7730	11.48%
2022-12-31	0.6934	-9.38%
2021-12-31	0.7652	18.39%
2020-12-31	0.6463
2019-12-31	N/A
2018-12-31	N/A	-100%
2017-12-31	1.05	-3.7%
2016-12-31	1.09
2015-12-31	N/A
2014-12-31	N/A
2013-12-31	N/A

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Zhejiang Zheneng Electric (600023.SS) - P/B ratio