GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Zhejiang Sling Automobile Bearing Co Ltd (SZSE:301550) » Definitions » Price-to-Tangible-Book

Zhejiang Sling Automobile Bearing Co (SZSE:301550) Price-to-Tangible-Book : 3.86 (As of Jun. 04, 2024)


View and export this data going back to 2023. Start your Free Trial

What is Zhejiang Sling Automobile Bearing Co Price-to-Tangible-Book?

As of today (2024-06-04), Zhejiang Sling Automobile Bearing Co's share price is ¥55.68. Zhejiang Sling Automobile Bearing Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥14.44. Hence, Zhejiang Sling Automobile Bearing Co's Price to Tangible Book Ratio of today is 3.86.

The historical rank and industry rank for Zhejiang Sling Automobile Bearing Co's Price-to-Tangible-Book or its related term are showing as below:

SZSE:301550' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.23   Med: 3.31   Max: 3.86
Current: 3.86

During the past 9 years, Zhejiang Sling Automobile Bearing Co's highest Price to Tangible Book Ratio was 3.86. The lowest was 2.23. And the median was 3.31.

SZSE:301550's Price-to-Tangible-Book is ranked worse than
78.99% of 1204 companies
in the Vehicles & Parts industry
Industry Median: 1.655 vs SZSE:301550: 3.86

A closely related ratio is called PB Ratio. As of today, Zhejiang Sling Automobile Bearing Co's share price is ¥55.68. Zhejiang Sling Automobile Bearing Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥14.92. Hence, Zhejiang Sling Automobile Bearing Co's P/B Ratio of today is 3.73.


Zhejiang Sling Automobile Bearing Co Price-to-Tangible-Book Historical Data

The historical data trend for Zhejiang Sling Automobile Bearing 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.

Zhejiang Sling Automobile Bearing Co Price-to-Tangible-Book Chart

Zhejiang Sling Automobile Bearing Co Annual Data
Trend Dec12 Dec13 Dec14 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only - - - - 3.31

Zhejiang Sling Automobile Bearing Co Quarterly Data
Dec12 Dec13 Jun14 Dec14 Jun15 Dec18 Dec19 Dec20 Jun21 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 - - 3.41 3.31 2.23

Competitive Comparison of Zhejiang Sling Automobile Bearing Co's Price-to-Tangible-Book

For the Auto Parts subindustry, Zhejiang Sling Automobile Bearing 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.


Zhejiang Sling Automobile Bearing Co's Price-to-Tangible-Book Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Zhejiang Sling Automobile Bearing Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Zhejiang Sling Automobile Bearing Co's Price-to-Tangible-Book falls into.



Zhejiang Sling Automobile Bearing Co Price-to-Tangible-Book Calculation

Zhejiang Sling Automobile Bearing 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 )
=55.68/14.438
=3.86

* 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.


Zhejiang Sling Automobile Bearing Co Price-to-Tangible-Book Related Terms

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


Zhejiang Sling Automobile Bearing Co (SZSE:301550) Business Description

Traded in Other Exchanges
N/A
Address
No. 3, Jiangdong Road, Chengtan Street, Xinchang, Zhejiang, CHN, 312500
Zhejiang Sling Automobile Bearing Co Ltd is engaged in research & development, manufacturing and sales of automotive bearings.

Zhejiang Sling Automobile Bearing Co (SZSE:301550) Headlines

No Headlines