Erayak Power Solution
RAYA
#9426
Rank
NZ$54.38 M
Marketcap
$1.94
Share price
-4.92%
Change (1 day)
36.18%
Change (1 year)

Erayak Power Solution (RAYA) - P/B ratio

P/B ratio as of November 2024 : 1.59

According to Erayak Power Solution's latest financial reports the company has a price-to-book ratio of 1.19631.
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
2023-12-310.6534-47.07%
2022-12-311.23
2021-12-31N/A
2020-12-31N/A