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China Mengniu Dairy Co (China Mengniu Dairy Co) Price-to-Tangible-Book : 2.78 (As of Apr. 25, 2024)


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What is China Mengniu Dairy Co Price-to-Tangible-Book?

As of today (2024-04-25), China Mengniu Dairy Co's share price is $20.035. China Mengniu Dairy Co's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was $7.22. Hence, China Mengniu Dairy Co's Price to Tangible Book Ratio of today is 2.78.

The historical rank and industry rank for China Mengniu Dairy Co's Price-to-Tangible-Book or its related term are showing as below:

CIADY' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.39   Med: 5.1   Max: 8.19
Current: 2.47

During the past 13 years, China Mengniu Dairy Co's highest Price to Tangible Book Ratio was 8.19. The lowest was 2.39. And the median was 5.10.

CIADY's Price-to-Tangible-Book is ranked worse than
65.39% of 1702 companies
in the Consumer Packaged Goods industry
Industry Median: 1.68 vs CIADY: 2.47

A closely related ratio is called PB Ratio. As of today, China Mengniu Dairy Co's share price is $20.035. China Mengniu Dairy Co's Book Value per Sharefor the quarter that ended in Jun. 2023 was $14.84. Hence, China Mengniu Dairy Co's P/B Ratio of today is 1.35.


China Mengniu Dairy Co Price-to-Tangible-Book Historical Data

The historical data trend for China Mengniu Dairy Co's Price-to-Tangible-Book can be seen below:

* 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.

* Premium members only.

China Mengniu Dairy Co Price-to-Tangible-Book Chart

China Mengniu Dairy Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.27 7.97 6.40 6.60 3.30

China Mengniu Dairy Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.40 5.13 6.60 5.23 3.30

Competitive Comparison of China Mengniu Dairy Co's Price-to-Tangible-Book

For the Packaged Foods subindustry, China Mengniu Dairy Co's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 Mengniu Dairy Co's Price-to-Tangible-Book Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, China Mengniu Dairy Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where China Mengniu Dairy Co's Price-to-Tangible-Book falls into.



China Mengniu Dairy Co Price-to-Tangible-Book Calculation

China Mengniu Dairy Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2023 )
=20.035/7.219
=2.78

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


China Mengniu Dairy Co Price-to-Tangible-Book Related Terms

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China Mengniu Dairy Co (China Mengniu Dairy Co) Business Description

Traded in Other Exchanges
Address
262 Gloucester Road, Causeway Bay, 32nd Floor, COFCO Tower, Hong Kong, HKG
China Mengniu Dairy, or Mengniu, is China's second-largest dairy producer by market share. The company produces a wide range of dairy products including liquid milk, ice cream, milk formula and cheese. Liquid milk, composed of milk, milk beverages and yogurt, contributed close to 80% of Mengniu's revenue in 2022. Flagship lineups include Deluxe, Mengniu Pure Milk, Just Yogurt and Yoyi C. Mengniu also owns two infant formula brands including Yashili and Bellamy as well as Milkground, a cheese brand.

China Mengniu Dairy Co (China Mengniu Dairy Co) Headlines

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