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Bangyan Technology Co (SHSE:688132) Price-to-Tangible-Book : 1.89 (As of May. 26, 2024)


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What is Bangyan Technology Co Price-to-Tangible-Book?

As of today (2024-05-26), Bangyan Technology Co's share price is ¥18.09. Bangyan Technology Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥9.59. Hence, Bangyan Technology Co's Price to Tangible Book Ratio of today is 1.89.

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

SHSE:688132' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.66   Med: 2.27   Max: 2.75
Current: 1.89

During the past 7 years, Bangyan Technology Co's highest Price to Tangible Book Ratio was 2.75. The lowest was 1.66. And the median was 2.27.

SHSE:688132's Price-to-Tangible-Book is ranked better than
54.57% of 2298 companies
in the Hardware industry
Industry Median: 2.06 vs SHSE:688132: 1.89

A closely related ratio is called PB Ratio. As of today, Bangyan Technology Co's share price is ¥18.09. Bangyan Technology Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥10.21. Hence, Bangyan Technology Co's P/B Ratio of today is 1.77.


Bangyan Technology Co Price-to-Tangible-Book Historical Data

The historical data trend for Bangyan 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.

Bangyan Technology Co Price-to-Tangible-Book Chart

Bangyan Technology Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial - - - 2.50 2.27

Bangyan Technology Co Quarterly Data
Dec17 Dec18 Dec19 Jun20 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 2.73 2.75 2.23 2.27 1.66

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

For the Communication Equipment subindustry, Bangyan 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.


Bangyan Technology Co's Price-to-Tangible-Book Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Bangyan Technology Co's Price-to-Tangible-Book distribution charts can be found below:

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



Bangyan Technology Co Price-to-Tangible-Book Calculation

Bangyan 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 )
=18.09/9.589
=1.89

* 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.


Bangyan Technology Co Price-to-Tangible-Book Related Terms

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


Bangyan Technology Co (SHSE:688132) Business Description

Traded in Other Exchanges
N/A
Address
No. 100, Zhihe Road, Yuanshan Street, Room 2101, Dakang Community, Longgang District, Guangdong, Shenzhen, CHN, 518064
Bangyan Technology Co Ltd is engaged in the research and development, manufacturing, sales and service of information communication and information security equipment.
Executives
Wu Qiu Core technical personnel

Bangyan Technology Co (SHSE:688132) Headlines

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