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Mingteng International (Mingteng International) Price-to-Tangible-Book : 5.11 (As of May. 26, 2024)


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What is Mingteng International Price-to-Tangible-Book?

As of today (2024-05-26), Mingteng International's share price is $6.29. Mingteng International's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $1.23. Hence, Mingteng International's Price to Tangible Book Ratio of today is 5.11.

The historical rank and industry rank for Mingteng International's Price-to-Tangible-Book or its related term are showing as below:

MTEN' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0   Med: 0   Max: 5.11
Current: 5.11

During the past 4 years, Mingteng International's highest Price to Tangible Book Ratio was 5.11. The lowest was 0.00. And the median was 0.00.

MTEN's Price-to-Tangible-Book is ranked worse than
82.95% of 2833 companies
in the Industrial Products industry
Industry Median: 2.11 vs MTEN: 5.11

A closely related ratio is called PB Ratio. As of today, Mingteng International's share price is $6.29. Mingteng International's Book Value per Sharefor the quarter that ended in Dec. 2023 was $1.23. Hence, Mingteng International's P/B Ratio of today is 5.11.


Mingteng International Price-to-Tangible-Book Historical Data

The historical data trend for Mingteng International'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.

Mingteng International Price-to-Tangible-Book Chart

Mingteng International Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
- - - -

Mingteng International Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Price-to-Tangible-Book Get a 7-Day Free Trial - - - - -

Competitive Comparison of Mingteng International's Price-to-Tangible-Book

For the Metal Fabrication subindustry, Mingteng International'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.


Mingteng International's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mingteng International's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Mingteng International's Price-to-Tangible-Book falls into.



Mingteng International Price-to-Tangible-Book Calculation

Mingteng International's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=6.29/1.231
=5.11

* 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.


Mingteng International Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Mingteng International's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Mingteng International (Mingteng International) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Lvhua Village, Luoshe Town, Huishan District, Jiangsu Province, Wuxi, CHN, 214189
Website
Mingteng International Corp Inc operates as an automotive mold developer and supplier in China. It provides a wide range of products including casting molds for turbocharger systems, braking systems, steering and differential system, and other automotive system parts. Besides, it also produces molds for new energy electric vehicle motor drive systems, battery pack systems, and engineering hydraulic components, which are widely used in automobile, construction machinery, and other manufacturing industries.

Mingteng International (Mingteng International) Headlines