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Hangzhou Cable Co (SHSE:603618) Price-to-Tangible-Book : 1.14 (As of Jun. 08, 2024)


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What is Hangzhou Cable Co Price-to-Tangible-Book?

As of today (2024-06-08), Hangzhou Cable Co's share price is ¥4.53. Hangzhou Cable Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥3.96. Hence, Hangzhou Cable Co's Price to Tangible Book Ratio of today is 1.14.

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

SHSE:603618' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.08   Med: 1.9   Max: 7.14
Current: 1.14

During the past 13 years, Hangzhou Cable Co's highest Price to Tangible Book Ratio was 7.14. The lowest was 1.08. And the median was 1.90.

SHSE:603618's Price-to-Tangible-Book is ranked better than
76.33% of 2818 companies
in the Industrial Products industry
Industry Median: 2.025 vs SHSE:603618: 1.14

A closely related ratio is called PB Ratio. As of today, Hangzhou Cable Co's share price is ¥4.53. Hangzhou Cable Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥4.28. Hence, Hangzhou Cable Co's P/B Ratio of today is 1.06.


Hangzhou Cable Co Price-to-Tangible-Book Historical Data

The historical data trend for Hangzhou Cable 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.

Hangzhou Cable Co Price-to-Tangible-Book Chart

Hangzhou Cable 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 1.54 1.50 2.01 1.42 1.66

Hangzhou Cable 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 1.54 1.71 1.58 1.66 1.29

Competitive Comparison of Hangzhou Cable Co's Price-to-Tangible-Book

For the Electrical Equipment & Parts subindustry, Hangzhou Cable 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.


Hangzhou Cable Co's Price-to-Tangible-Book Distribution in the Industrial Products Industry

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

* The bar in red indicates where Hangzhou Cable Co's Price-to-Tangible-Book falls into.



Hangzhou Cable Co Price-to-Tangible-Book Calculation

Hangzhou Cable 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 )
=4.53/3.958
=1.14

* 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.


Hangzhou Cable Co Price-to-Tangible-Book Related Terms

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


Hangzhou Cable Co (SHSE:603618) Business Description

Traded in Other Exchanges
N/A
Address
6th Street 68-1, Hangzhou Economic Development Zone, Zhejiang Province, Hangzhou, CHN
Hangzhou Cable Co Ltd engaged in the research and development, manufacturing and sale of wire and cable. The Company researches develop, produces and markets EHV cables, plastic wire, rubber cable and aerial cable, Aluminium alloy, Power cable, Rubber sleeve cable, Overhead wire, Mining cable and Control cable.
Executives
Hu Jian Ming senior management
Hua Jian Fei Director
Lu Chun Xiao Director
Ni Yi Jian Directors, senior managers
Zhang Xu Dong Supervisors
Yin Zhi Ping senior management
Zhang Qin Ying Director
Zheng Xiu Hua Director
Sun Qing Yan Director
Zhang Xiu Hua senior management

Hangzhou Cable Co (SHSE:603618) Headlines

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