Guangdong Dowstone Technology co (SZSE:300409) Price-to-Tangible-Book : 1.11 (As of Jun. 05, 2024)

View and export this data going back to 2014. Start your Free Trial

What is Guangdong Dowstone Technology co Price-to-Tangible-Book?

As of today (2024-06-05), Guangdong Dowstone Technology co's share price is ¥9.48. Guangdong Dowstone Technology co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥8.57. Hence, Guangdong Dowstone Technology co's Price to Tangible Book Ratio of today is 1.11.

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

SZSE:300409' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.11 Med: 3.87 Max: 13.89
Current: 1.11

During the past 13 years, Guangdong Dowstone Technology co's highest Price to Tangible Book Ratio was 13.89. The lowest was 1.11. And the median was 3.87.

SZSE:300409's Price-to-Tangible-Book is ranked better than
71.19% of 1482 companies
in the Chemicals industry
Industry Median: 1.74 vs SZSE:300409: 1.11

A closely related ratio is called PB Ratio. As of today, Guangdong Dowstone Technology co's share price is ¥9.48. Guangdong Dowstone Technology co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥10.29. Hence, Guangdong Dowstone Technology co's P/B Ratio of today is 0.92.

Guangdong Dowstone Technology co Price-to-Tangible-Book Historical Data

The historical data trend for Guangdong Dowstone 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.

Guangdong Dowstone Technology co Price-to-Tangible-Book Chart

Guangdong Dowstone 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

3.48

3.75

3.82

1.94

1.29

Guangdong Dowstone 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															1.92	1.38	1.21	1.29	1.14

Competitive Comparison of Guangdong Dowstone Technology co's Price-to-Tangible-Book

For the Specialty Chemicals subindustry, Guangdong Dowstone 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.

Guangdong Dowstone Technology co's Price-to-Tangible-Book Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Guangdong Dowstone Technology co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Guangdong Dowstone Technology co's Price-to-Tangible-Book falls into.

Guangdong Dowstone Technology co Price-to-Tangible-Book Calculation

Guangdong Dowstone 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 )
	=	9.48	/	8.574
	=	1.11

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.

Guangdong Dowstone Technology co Price-to-Tangible-Book Related Terms

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

Guangdong Dowstone Technology co (SZSE:300409) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Guangdong Dowstone Technology co Ltd (SZSE:300409) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

2nd Floor, 30 world Jihua, Four Italian American Ceramic Sanitary Ware, Foshan, Guangdong, CHN

Website

http://www.dowstone.com.cn

Guangdong Dowstone Technology co Ltd is a domestic ceramic product full-service chain product and service provider. The company also provides package product solutions and raw material procurement management services for high-end ceramics manufacturers at home and abroad. Its product offerings include Ceramic ink, Enamel glaze, One-time burning, Full caste Glaze, and others. The company's solutions consist of Digital overall solution, Finished glaze overall solution, Dry powder dry granule overall solution, Total solution service process, and other solutions.

Executives

Rong Ji Hua	Director
Zhang Yi	Directors, executives
Wang Hai Qing	Director
Liang Hai Yan	Director
He Xiang Yong	Executives

Guangdong Dowstone Technology co (SZSE:300409) Headlines

No Headlines