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Shanghai Beite Technology Co (SHSE:603009) Price-to-Tangible-Book : 5.00 (As of May. 29, 2024)


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What is Shanghai Beite Technology Co Price-to-Tangible-Book?

As of today (2024-05-29), Shanghai Beite Technology Co's share price is ¥18.19. Shanghai Beite Technology Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥3.64. Hence, Shanghai Beite Technology Co's Price to Tangible Book Ratio of today is 5.00.

The historical rank and industry rank for Shanghai Beite Technology Co's Price-to-Tangible-Book or its related term are showing as below:

SHSE:603009' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.6   Med: 2.15   Max: 10.05
Current: 5

During the past 13 years, Shanghai Beite Technology Co's highest Price to Tangible Book Ratio was 10.05. The lowest was 1.60. And the median was 2.15.

SHSE:603009's Price-to-Tangible-Book is ranked worse than
84.93% of 1201 companies
in the Vehicles & Parts industry
Industry Median: 1.66 vs SHSE:603009: 5.00

A closely related ratio is called PB Ratio. As of today, Shanghai Beite Technology Co's share price is ¥18.19. Shanghai Beite Technology Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥4.52. Hence, Shanghai Beite Technology Co's P/B Ratio of today is 4.02.


Shanghai Beite Technology Co Price-to-Tangible-Book Historical Data

The historical data trend for Shanghai Beite Technology 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.

Shanghai Beite Technology Co Price-to-Tangible-Book Chart

Shanghai Beite Technology 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 1.75 1.79 2.16 1.68 4.14

Shanghai Beite Technology Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.94 2.06 2.15 4.14 4.17

Competitive Comparison of Shanghai Beite Technology Co's Price-to-Tangible-Book

For the Auto Parts subindustry, Shanghai Beite Technology 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.


Shanghai Beite Technology Co's Price-to-Tangible-Book Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Shanghai Beite Technology Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Shanghai Beite Technology Co's Price-to-Tangible-Book falls into.



Shanghai Beite Technology Co Price-to-Tangible-Book Calculation

Shanghai Beite Technology Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=18.19/3.637
=5.00

* 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.


Shanghai Beite Technology Co Price-to-Tangible-Book Related Terms

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


Shanghai Beite Technology Co (SHSE:603009) Business Description

Traded in Other Exchanges
N/A
Address
No 2488 Gaoshi Road, Jiading District, Shanghai, IND, 201816
Shanghai Beite Technology Co Ltd provides metal products for steering and shock absorber piston rod customers primarily in China. Its products include rack blanks, semi-finished racks, finished racks, finished valve sleeves, semi-finished input shafts, semi-finished worm shafts, pinion blanks, semi-finished pinions, piston rod blanks, semi-finished piston rods, and finished piston rods.
Executives
Jin Kun Director
Xu Hong Fei senior management
Cao Qing Supervisors
Cai Xiang Dong senior management
Liu Chun Mei senior management
Cao Xian Bin Supervisors
Tao Wan Yin Director
Jin Xiao Tang Director

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