Price to Book ratio Analysis of Kandi Technologies Group Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY PB
Period Ending - Dec-23
Excellent PB
0.438
Period Ending - Dec-22
Excellent PB
0.424
Growth
3.44 %
Trailing Twelve Months PB
Period Ending - Dec-23
Excellent PB
0
Most recent Quarter PB
Period Ending - Mar-24
Excellent PB
0
PB Analysis of Kandi Technologies Group Inc
| P/B Ratio 0 of Kandi Technologies Group Inc shows that company is trading much below Book value and may be attractive buy. |
| PB Ratio of KNDI has grown by 3.44 % Compared to previous Financial Year. |
| PB Ratio of KNDI trending up for at least three Years. |
| PB Ratio with value of 0.309 was lowest in Year Dec-20 in last Five Years. |
| Latest PB Ratio with value of 0.438 is Greater than Average PB of 0.418 in last five years. |
Other PB Related Info of KNDI that may interest you.
Kandi Technologies Group Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| KNDI | 2.23 | 2.24 | 0.446 % | Auto Parts |
Defination of Price to Book
Price to book value essentially determines the value given by the market for each rupee of the company's net worth. Book value refers to how much an investor would receive if the company sold off its assets and paid all its debts. Book value shows the actual value of the company. more ..
PB Related Ratios
| PriceToEarningRatio | PriceToSalesRatio | ReturnOnEquity |
Tsr Value Index
| Very Low Value Stock | |
FY - Historical Price to Book of Kandi Technologies Group Inc
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| PB | 0.438 | 0.424 | 0.383 | 0.309 | 0.536 | 0.506 | 0.479 |
| Change | 3.44 % | 10.60 % | 23.97 % | -42.31 % | 5.89 % | 5.52 % | 5.29 % |
FY Chart of Price to Book of Kandi Technologies Group Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)