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Hunan Changyuan Lico Co (SHSE:688779) Price-to-Tangible-Book : 1.40 (As of May. 27, 2024)


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What is Hunan Changyuan Lico Co Price-to-Tangible-Book?

As of today (2024-05-27), Hunan Changyuan Lico Co's share price is ¥5.24. Hunan Changyuan Lico Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥3.73. Hence, Hunan Changyuan Lico Co's Price to Tangible Book Ratio of today is 1.40.

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

SHSE:688779' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.37   Med: 3.73   Max: 8.15
Current: 1.4

During the past 7 years, Hunan Changyuan Lico Co's highest Price to Tangible Book Ratio was 8.15. The lowest was 1.37. And the median was 3.73.

SHSE:688779's Price-to-Tangible-Book is ranked better than
69.55% of 2834 companies
in the Industrial Products industry
Industry Median: 2.12 vs SHSE:688779: 1.40

A closely related ratio is called PB Ratio. As of today, Hunan Changyuan Lico Co's share price is ¥5.24. Hunan Changyuan Lico Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥3.92. Hence, Hunan Changyuan Lico Co's P/B Ratio of today is 1.34.


Hunan Changyuan Lico Co Price-to-Tangible-Book Historical Data

The historical data trend for Hunan Changyuan Lico 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.

Hunan Changyuan Lico Co Price-to-Tangible-Book Chart

Hunan Changyuan Lico Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial - - 7.35 3.63 1.96

Hunan Changyuan Lico Co Quarterly Data
Dec18 Jun19 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 3.73 2.95 2.23 1.96 1.44

Competitive Comparison of Hunan Changyuan Lico Co's Price-to-Tangible-Book

For the Electrical Equipment & Parts subindustry, Hunan Changyuan Lico 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.


Hunan Changyuan Lico Co's Price-to-Tangible-Book Distribution in the Industrial Products Industry

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

* The bar in red indicates where Hunan Changyuan Lico Co's Price-to-Tangible-Book falls into.



Hunan Changyuan Lico Co Price-to-Tangible-Book Calculation

Hunan Changyuan Lico 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 )
=5.24/3.733
=1.40

* 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.


Hunan Changyuan Lico Co Price-to-Tangible-Book Related Terms

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


Hunan Changyuan Lico Co (SHSE:688779) Business Description

Traded in Other Exchanges
N/A
Address
No. 18, Lutian Road, Yuelu District, Hunan Province, Changsha, CHN, 410205
Hunan Changyuan Lico Co Ltd is engaged in the research and development, production and sales of high-efficiency battery cathode materials.
Executives
Gao Yun Chuan Supervisors

Hunan Changyuan Lico Co (SHSE:688779) Headlines

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