ATRenew Inc., through its subsidiaries, operates pre-owned consumer electronics transactions and services platform in the People's Republic of China. It primarily sells mobile phones, laptops, tablets, drones, digital cameras, household products, and bags through its online platforms and offline stores, as well as provides services to third-party merchants to sell the products through its platforms. As of December 31, 2021, it operated 1,287 AHS stores and 21 Paipai stores in 214 cities. The company was formerly known as AiHuiShou International Co. Ltd. and changed its name to ATRenew Inc. November 2021. The company was incorporated in 2011 and is headquartered in Shanghai, the People's Republic of China.
P/B ratio for ATRenew Inc. (RERE)
P/B ratio as of 2023: 0.89
According to ATRenew Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 0.89. At the end of 2022 the company had a P/B ratio of 1.14.
P/B ratio history for ATRenew Inc. from 2018 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 0.89 |
| 2022 | 1.14 |
| 2021 | 0.85 |
| 2020 | -4.80 |
| 2019 | -7.76 |
| 2018 | -14.20 |