Rlx Technology Stock Price To Book

RLX Stock  USD 1.99  0.03  1.49%   
RLX Technology fundamentals help investors to digest information that contributes to RLX Technology's financial success or failures. It also enables traders to predict the movement of RLX Stock. The fundamental analysis module provides a way to measure RLX Technology's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to RLX Technology stock.
Price To Book Ratio is likely to drop to 1.33 in 2025.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

RLX Technology Company Price To Book Analysis

RLX Technology's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

P/B

 = 

MV Per Share

BV Per Share

More About Price To Book | All Equity Analysis

Current RLX Technology Price To Book

    
  1.44 X  
Most of RLX Technology's fundamental indicators, such as Price To Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, RLX Technology is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

RLX Price To Book Driver Correlations

Understanding the fundamental principles of building solid financial models for RLX Technology is extremely important. It helps to project a fair market value of RLX Stock properly, considering its historical fundamentals such as Price To Book. Since RLX Technology's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of RLX Technology's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of RLX Technology's interrelated accounts and indicators.
0.950.950.45-0.830.90.430.680.950.540.950.970.880.990.990.790.880.840.64
0.951.00.33-0.780.980.370.81.00.471.00.910.920.910.930.730.920.770.78
0.951.00.33-0.780.980.370.81.00.471.00.910.920.910.930.730.920.770.78
0.450.330.33-0.670.180.960.090.370.920.330.590.20.550.470.80.20.740.0
-0.83-0.78-0.78-0.67-0.67-0.71-0.46-0.82-0.75-0.78-0.9-0.66-0.9-0.86-0.87-0.66-0.88-0.46
0.90.980.980.18-0.670.240.870.970.350.980.830.930.840.860.610.930.670.86
0.430.370.370.96-0.710.240.240.410.970.370.570.250.530.450.830.250.790.14
0.680.80.80.09-0.460.870.240.780.320.80.580.830.60.590.460.830.580.95
0.951.01.00.37-0.820.970.410.780.511.00.930.910.930.940.760.910.80.76
0.540.470.470.92-0.750.350.970.320.510.470.670.340.620.560.920.340.890.18
0.951.01.00.33-0.780.980.370.81.00.470.910.920.910.930.730.920.770.78
0.970.910.910.59-0.90.830.570.580.930.670.910.80.990.990.890.80.90.52
0.880.920.920.2-0.660.930.250.830.910.340.920.80.830.830.571.00.660.83
0.990.910.910.55-0.90.840.530.60.930.620.910.990.830.990.840.830.880.56
0.990.930.930.47-0.860.860.450.590.940.560.930.990.830.990.820.830.850.55
0.790.730.730.8-0.870.610.830.460.760.920.730.890.570.840.820.570.980.32
0.880.920.920.2-0.660.930.250.830.910.340.920.81.00.830.830.570.660.83
0.840.770.770.74-0.880.670.790.580.80.890.770.90.660.880.850.980.660.44
0.640.780.780.0-0.460.860.140.950.760.180.780.520.830.560.550.320.830.44
Click cells to compare fundamentals

RLX Price To Book Historical Pattern

Today, most investors in RLX Technology Stock are looking for potential investment opportunities by analyzing not only static indicators but also various RLX Technology's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's price to book growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of RLX Technology price to book as a starting point in their analysis.
   RLX Technology Price To Book   
       Timeline  
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Competition

RLX Book Value Per Share

Book Value Per Share

11.01

At this time, RLX Technology's Book Value Per Share is fairly stable compared to the past year.
Based on the latest financial disclosure, RLX Technology has a Price To Book of 1.4356 times. This is 74.59% lower than that of the Food Products sector and 90.55% lower than that of the Consumer Staples industry. The price to book for all United States stocks is 84.9% higher than that of the company.

RLX Price To Book Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses RLX Technology's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of RLX Technology could also be used in its relative valuation, which is a method of valuing RLX Technology by comparing valuation metrics of similar companies.
RLX Technology is currently under evaluation in price to book category among its peers.

RLX Technology Current Valuation Drivers

We derive many important indicators used in calculating different scores of RLX Technology from analyzing RLX Technology's financial statements. These drivers represent accounts that assess RLX Technology's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of RLX Technology's important valuation drivers and their relationship over time.
202020212022202320242025 (projected)
Market Cap299.1B34.7B20.9B19.0B21.9B20.8B
Enterprise Value298.1B29.7B19.8B16.7B19.2B18.2B

RLX Fundamentals

About RLX Technology Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze RLX Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of RLX Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of RLX Technology based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for RLX Stock Analysis

When running RLX Technology's price analysis, check to measure RLX Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy RLX Technology is operating at the current time. Most of RLX Technology's value examination focuses on studying past and present price action to predict the probability of RLX Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RLX Technology's price. Additionally, you may evaluate how the addition of RLX Technology to your portfolios can decrease your overall portfolio volatility.