Novoray

Novoray P/B

The P/B (Price-to-Book Ratio) of Novoray (688300.SS) as of Oct 12, 2026 is 9.28. In the previous year, P/B (Price-to-Book Ratio) was 10.06 — a change of -7.69% (lower).

P/B

9.28

YoY

-7.69%

Last updated:

P/B (Price-to-Book Ratio) of Novoray is 2025 9.28 . P/B (Price-to-Book Ratio) of Novoray was 2024 10.06 . It decreases by -7.69% lower compared to the previous year.

The Novoray P/B history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

P/B
Date
P/B
Jan 1, 2018
47.46 CNY
Jan 1, 2019
16.92 CNY
Jan 1, 2020
15.73 CNY
Jan 1, 2021
13.86 CNY
Jan 1, 2022
12.33 CNY
Jan 1, 2023
11.25 CNY
Jan 1, 2024
10.06 CNY
Jan 1, 2025
9.28 CNY
The Novoray P/B history
YEARP/BYoY
9.28-7.69%
10.06-10.63%
11.25-8.71%
12.33-11.08%
13.86-11.86%
15.73-7.03%
16.92-64.34%
47.46-39.61%
78.58-15.68%
93.19-24.21%
122.95-22.03%
157.69—
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Novoray Stock analysis

What does Novoray do? Novoray is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Novoray stock

P/B (Price-to-Book Ratio) of Novoray is 9.28 in 2025.

P/B (Price-to-Book Ratio) of Novoray changed from 10.06 to 9.28, representing a -7.69% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of P/B (Price-to-Book Ratio) Novoray 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 Novoray with sector peers and the industry average to assess whether it is attractive.

Access this data via the Eulerpool API

Valuation — Novoray

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