WPG (Shanghai) Smart Water PCL (SHSE:603956) Price-to-Tangible-Book : 2.08 (As of May. 16, 2024)

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What is WPG (Shanghai) Smart Water PCL Price-to-Tangible-Book?

As of today (2024-05-16), WPG (Shanghai) Smart Water PCL's share price is ¥6.44. WPG (Shanghai) Smart Water PCL's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥3.10. Hence, WPG (Shanghai) Smart Water PCL's Price to Tangible Book Ratio of today is 2.08.

The historical rank and industry rank for WPG (Shanghai) Smart Water PCL's Price-to-Tangible-Book or its related term are showing as below:

SHSE:603956' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.07 Med: 6.13 Max: 11.18
Current: 2.08

During the past 10 years, WPG (Shanghai) Smart Water PCL's highest Price to Tangible Book Ratio was 11.18. The lowest was 2.07. And the median was 6.13.

SHSE:603956's Price-to-Tangible-Book is ranked better than
51.27% of 2832 companies
in the Industrial Products industry
Industry Median: 2.12 vs SHSE:603956: 2.08

A closely related ratio is called PB Ratio. As of today, WPG (Shanghai) Smart Water PCL's share price is ¥6.44. WPG (Shanghai) Smart Water PCL's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥3.81. Hence, WPG (Shanghai) Smart Water PCL's P/B Ratio of today is 1.69.

WPG (Shanghai) Smart Water PCL Price-to-Tangible-Book Historical Data

The historical data trend for WPG (Shanghai) Smart Water PCL'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.

WPG (Shanghai) Smart Water PCL Price-to-Tangible-Book Chart

WPG (Shanghai) Smart Water PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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6.54

5.22

6.52

2.25

2.42

WPG (Shanghai) Smart Water PCL 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															2.84	2.57	2.41	2.42	2.27

Competitive Comparison of WPG (Shanghai) Smart Water PCL's Price-to-Tangible-Book

For the Specialty Industrial Machinery subindustry, WPG (Shanghai) Smart Water PCL'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.

WPG (Shanghai) Smart Water PCL's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, WPG (Shanghai) Smart Water PCL's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where WPG (Shanghai) Smart Water PCL's Price-to-Tangible-Book falls into.

WPG (Shanghai) Smart Water PCL Price-to-Tangible-Book Calculation

WPG (Shanghai) Smart Water PCL's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	6.44	/	3.102
	=	2.08

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

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

WPG (Shanghai) Smart Water PCL Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of WPG (Shanghai) Smart Water PCL's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

WPG (Shanghai) Smart Water PCL (SHSE:603956) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » WPG (Shanghai) Smart Water PCL (SHSE:603956) » Definitions » Price-to-Tangible-Book

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Traded in Other Exchanges

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Address

No. 1 Hengyong Road, Jiading District, Shanghai, CHN, 201806

Website

https://www.shwpg.com

WPG (Shanghai) Smart Water PCL is a smart water solutions provider, is a professional technology service company dedicated to solving various problems arising in water supply for customers. Its core business includes the development, production, sales and service of secondary water supply Zhilian equipment with the concept of industrial Internet, the deployment, commissioning and maintenance of the intelligent water supply management platform system, providing safe, energy-saving and efficient operation for secondary water supply.

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