Launch Tech Co Stock

Launch Tech Co P/B

The P/B (Price-to-Book Ratio) of Launch Tech Co (2488.HK) as of Sep 7, 2026 is 2.14. In the previous year, P/B (Price-to-Book Ratio) was 2.11 — a change of 1.25% (higher).

P/B

2.14

YoY

1.25%

Last updated:

P/B (Price-to-Book Ratio) of Launch Tech Co is 2026 2.14 . P/B (Price-to-Book Ratio) of Launch Tech Co was 2025 2.11 . It decreases by 1.25% higher compared to the previous year.

The Launch Tech Co P/B history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

P/B
Date
P/B
Jan 1, 2017
2.41 CNY
Jan 1, 2018
2.70 CNY
Jan 1, 2019
2.70 CNY
Jan 1, 2021
3.51 CNY
Jan 1, 2022
2.44 CNY
Jan 1, 2023
2.45 CNY
Jan 1, 2024
2.11 CNY
Jan 1, 2025
2.14 CNY
The Launch Tech Co P/B history
YEARP/BYoY
2.14+1.25%
2.11-13.79%
2.45+0.42%
2.44-30.46%
3.51+30.05%
2.700.00%
2.70+11.94%
2.41-33.31%
3.61-2.92%
3.72-17.63%
4.52
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Launch Tech Co Stock analysis

What does Launch Tech Co do? Launch Tech Co Ltd is a Chinese company that was founded in 1992 and is headquartered in Shenzhen. The company quickly gained prominence in the automotive industry and is now one of the largest providers of diagnostic and repair equipment for vehicles worldwide. The company's business model is to provide a wide range of high-quality and reliable diagnostic and repair equipment to workshops and auto mechanics. They offer various products such as electronic diagnostic devices, suspension test equipment, brake testers, and cooling system testers. Launch Tech Co Ltd is known for its innovative products and constant improvement of existing ones. They strive to meet the needs of their customers by developing user-friendly products that offer excellent value for money. Their products are tailored to the needs of workshops and mechanics who require reliable and accurate diagnosis and repair of vehicles. In addition to developing diagnostic and repair equipment, the company also offers training and further education programs to help customers get the most out of their products. Due to the high quality of their products and their good reputation, Launch Tech Co Ltd operates internationally and is appreciated by customers worldwide. Their products are available in more than 150 countries. Overall, Launch Tech Co Ltd is a significant company in the field of automotive diagnostic and repair equipment, occupying a leading role in the industry thanks to its innovative products and excellent customer service. Launch Tech Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Launch Tech Co stock

P/B (Price-to-Book Ratio) of Launch Tech Co is 2.14 in 2026.

P/B (Price-to-Book Ratio) of Launch Tech Co changed from 2.11 to 2.14, representing a 1.25% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of P/B (Price-to-Book Ratio) Launch Tech Co since 2006 – with annual values, charts, and detailed analysis.

The Price-to-Book ratio compares a company's market price to its book value. A low P/B may indicate an undervalued stock, while a high P/B could suggest overvaluation or strong growth expectations.

P/B = Stock Price / Book Value per Share

To evaluate P/B (Price-to-Book Ratio)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for P/B (Price-to-Book Ratio).

A 'good' varies by industry and company stage. On Eulerpool, you can compare P/B (Price-to-Book Ratio)'s Launch Tech Co with sector peers and the industry average to assess whether it is attractive.

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Valuation — Launch Tech Co

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