RLX Price Book Value Ratio from 2010 to 2024

RLX Stock  USD 1.94  0.02  1.02%   
RLX Technology Price Book Value Ratio yearly trend continues to be fairly stable with very little volatility. Price Book Value Ratio will likely drop to 1.13 in 2024. During the period from 2010 to 2024, RLX Technology Price Book Value Ratio regression line of annual values had r-squared of  0.73 and arithmetic mean of  28,765. View All Fundamentals
 
Price Book Value Ratio  
First Reported
2010-12-31
Previous Quarter
1.19253999
Current Value
1.13
Quarterly Volatility
23.9 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check RLX Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among RLX main balance sheet or income statement drivers, such as Tax Provision of 17.3 M, Net Interest Income of 550.8 M or Interest Income of 659.3 M, as well as many exotic indicators such as Price To Sales Ratio of 14.22, Dividend Yield of 0.0047 or PTB Ratio of 1.13. RLX financial statements analysis is a perfect complement when working with RLX Technology Valuation or Volatility modules.
  
This module can also supplement RLX Technology's financial leverage analysis and stock options assessment as well as various RLX Technology Technical models . Check out the analysis of RLX Technology Correlation against competitors.
For more information on how to buy RLX Stock please use our How to Invest in RLX Technology guide.

Latest RLX Technology's Price Book Value Ratio Growth Pattern

Below is the plot of the Price Book Value Ratio of RLX Technology over the last few years. It is RLX Technology's Price Book Value Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in RLX Technology's overall financial position and show how it may be relating to other accounts over time.
Price Book Value Ratio10 Years Trend
Slightly volatile
   Price Book Value Ratio   
       Timeline  

RLX Price Book Value Ratio Regression Statistics

Arithmetic Mean28,765
Geometric Mean1,722
Coefficient Of Variation82.98
Mean Deviation22,584
Median47,585
Standard Deviation23,870
Sample Variance569.8M
Range47.6K
R-Value(0.86)
Mean Square Error164.8M
R-Squared0.73
Significance0.000048
Slope(4,565)
Total Sum of Squares8B

RLX Price Book Value Ratio History

2024 1.13
2023 1.19
2022 1.34
2021 2.58
2020 198.29
2019 3001.45

About RLX Technology Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include RLX Technology income statement, its balance sheet, and the statement of cash flows. RLX Technology investors use historical funamental indicators, such as RLX Technology's Price Book Value Ratio, to determine how well the company is positioned to perform in the future. Although RLX Technology investors may use each financial statement separately, they are all related. The changes in RLX Technology's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on RLX Technology's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on RLX Technology Financial Statements. Understanding these patterns can help to make the right decision on long term investment in RLX Technology. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price Book Value Ratio 1.19  1.13 

Currently Active Assets on Macroaxis

When determining whether RLX Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of RLX Technology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Rlx Technology Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rlx Technology Stock:
Check out the analysis of RLX Technology Correlation against competitors.
For more information on how to buy RLX Stock please use our How to Invest in RLX Technology guide.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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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.
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Is RLX Technology's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of RLX Technology. If investors know RLX will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about RLX Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.67)
Dividend Share
0.071
Earnings Share
0.06
Revenue Per Share
0.949
Quarterly Revenue Growth
0.815
The market value of RLX Technology is measured differently than its book value, which is the value of RLX that is recorded on the company's balance sheet. Investors also form their own opinion of RLX Technology's value that differs from its market value or its book value, called intrinsic value, which is RLX Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because RLX Technology's market value can be influenced by many factors that don't directly affect RLX Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between RLX Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if RLX Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RLX Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.