Shenzhen Inovance
300124.SZ
$8.18
Share price
3.24%
Change (1 day)
-7.47%
Change (1 year)
Shenzhen Inovance Technology Co., Ltd. is a Chinese company that engages in the manufacture and sale of industrial automation control products.
Shenzhen Inovance (300124.SZ) - P/B ratio
P/B ratio as of April 2024 : 6.85
According to Shenzhen Inovance's latest financial reports the company has a price-to-book ratio of 6.85.
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.
Shenzhen Inovance - P/B ratio (from 2010 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 7.44 | -18.08% |
| 2022-12-31 | 9.08 | -17.93% |
| 2021-12-31 | 11.1 | -24% |
| 2020-12-31 | 14.6 | 145.45% |
| 2019-12-31 | 5.93 | 17.44% |
| 2018-12-31 | 5.05 | -39.89% |
| 2017-12-31 | 8.41 | 28.03% |
| 2016-12-31 | 6.57 | -24.96% |
| 2015-12-31 | 8.75 | 39.68% |
| 2014-12-31 | 6.26 | -10.92% |
| 2013-12-31 | 7.03 | 104.37% |
| 2012-12-31 | 3.44 | -25.83% |
| 2011-12-31 | 4.64 | -29.51% |
| 2010-12-31 | 6.58 | |
| 2009-12-31 | N/A |