Erayak Power Solution Group Inc
NASDAQ:RAYA
Decide at what price you'd be comfortable buying and we'll help you stay ready.
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P/B
Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.
Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.
Valuation Scenarios
If P/B returns to its 3-Year Average (8.8), the stock would be worth $262.14 (7 633% upside from current price).
| Scenario | P/B Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 0.1 | $3.39 |
0%
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| 3-Year Average | 8.8 | $262.14 |
+7 633%
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| 5-Year Average | 8.8 | $262.14 |
+7 633%
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| Industry Average | 3.7 | $109.1 |
+3 118%
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| Country Average | 2.4 | $72.63 |
+2 043%
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Forward P/B
Today’s price vs future total equity
Peer Comparison
| Market Cap | P/B | P/E | ||||
|---|---|---|---|---|---|---|
| CN |
E
|
Erayak Power Solution Group Inc
NASDAQ:RAYA
|
16.2m USD | 0.1 | -5.3 | |
| CN |
|
Contemporary Amperex Technology Co Ltd
SZSE:300750
|
2T CNY | 6.2 | 26.4 | |
| FR |
|
Schneider Electric SE
PAR:SU
|
155.2B EUR | 6.4 | 37.3 | |
| CH |
|
Abb Ltd
SIX:ABBN
|
142B CHF | 11.3 | 38.4 | |
| IE |
|
Eaton Corporation PLC
NYSE:ETN
|
164.4B USD | 8.5 | 40.2 | |
| US |
|
Vertiv Holdings Co
NYSE:VRT
|
124.2B USD | 29.3 | 79.7 | |
| US |
|
Emerson Electric Co
NYSE:EMR
|
79.4B USD | 3.9 | 34.4 | |
| KR |
|
LG Energy Solution Ltd
KRX:373220
|
112.6T KRW | 5.6 | -104.9 | |
| JP |
|
Fujikura Ltd
TSE:5803
|
10T JPY | 19.7 | 69.4 | |
| US |
|
AMETEK Inc
NYSE:AME
|
53.4B USD | 5 | 36 | |
| FR |
|
Legrand SA
PAR:LR
|
39.9B EUR | 5.5 | 32.1 |
Market Distribution
| Min | 0 |
| 30th Percentile | 1.5 |
| Median | 2.4 |
| 70th Percentile | 3.9 |
| Max | 1 172 445.9 |
Other Multiples
Erayak Power Solution Group Inc
Glance View
Erayak Power Solution Group Inc. is a holding company. The company is headquartered in Wenzhou, Zhejiang. The company went IPO on 2022-12-14. The firm's product portfolio includes sine wave and off-grid inverters, inverter and gasoline generators, battery and smart chargers, and custom-designed products. The firm's products are principally used in homes, campers, yachts, trucks, vans, solar energy systems, outdoor operations, new energy and other fields. The firm's products are exported to Japan, England, Germany, France, Spain, Switzerland, Sweden, the Netherlands, the U.S., Canada and other countries and regions.
