China Precision Steel (China Precision Steel) Book Value per Share : $0.67 (As of Dec. 2014)

China Precision Steel Book Value per Share Chart

China Precision Steel Annual Data
	Trend	Dec04	Dec05	Jun07	Jun08	Jun09	Jun10	Jun11	Jun12	Jun13	Jun14
Book Value per Share		Get a 7-Day Free Trial					32.76	34.42	30.63	13.63	3.77

China Precision Steel Quarterly Data
	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14
Book Value per Share	Get a 7-Day Free Trial															7.95	2.57	3.77	2.04	0.67

Competitive Comparison of China Precision Steel's Book Value per Share

For the Steel subindustry, China Precision Steel's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

China Precision Steel's PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, China Precision Steel's PB Ratio distribution charts can be found below:

* The bar in red indicates where China Precision Steel's PB Ratio falls into.

China Precision Steel Book Value per Share Calculation

China Precision Steel's Book Value Per Share for the fiscal year that ended in Jun. 2014 is calculated as:

China Precision Steel's Book Value Per Share for the quarter that ended in Dec. 2014 is calculated as:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

China Precision Steel  (OTCPK:CPSL) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.

China Precision Steel Book Value per Share Related Terms

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China Precision Steel (China Precision Steel) Business Description