Zijin Mining Group Co (HKSE:02899) Price-to-Tangible-Book : 8.74 (As of Apr. 29, 2024)

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What is Zijin Mining Group Co Price-to-Tangible-Book?

As of today (2024-04-29), Zijin Mining Group Co's share price is HK$17.40. Zijin Mining Group Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was HK$1.99. Hence, Zijin Mining Group Co's Price to Tangible Book Ratio of today is 8.74.

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

HKSE:02899' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.71 Med: 4.69 Max: 24.91
Current: 9.89

During the past 13 years, Zijin Mining Group Co's highest Price to Tangible Book Ratio was 24.91. The lowest was 2.71. And the median was 4.69.

HKSE:02899's Price-to-Tangible-Book is ranked worse than
94.6% of 2239 companies
in the Metals & Mining industry
Industry Median: 1.34 vs HKSE:02899: 9.89

A closely related ratio is called PB Ratio. As of today, Zijin Mining Group Co's share price is HK$17.40. Zijin Mining Group Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was HK$4.81. Hence, Zijin Mining Group Co's P/B Ratio of today is 3.61.

Zijin Mining Group Co Price-to-Tangible-Book Historical Data

The historical data trend for Zijin Mining Group 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.

Zijin Mining Group Co Price-to-Tangible-Book Chart

Zijin Mining Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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3.31

19.84

8.61

12.51

7.87

Zijin Mining Group 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															11.11	9.45	8.79	7.87	7.85

Competitive Comparison of Zijin Mining Group Co's Price-to-Tangible-Book

For the Gold subindustry, Zijin Mining Group 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.

Zijin Mining Group Co's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Zijin Mining Group Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Zijin Mining Group Co's Price-to-Tangible-Book falls into.

Zijin Mining Group Co Price-to-Tangible-Book Calculation

Zijin Mining Group 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 )
	=	17.40	/	1.991
	=	8.74

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.

Zijin Mining Group Co Price-to-Tangible-Book Related Terms

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Zijin Mining Group Co (HKSE:02899) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Zijin Mining Group Co Ltd (HKSE:02899) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

ZIJMY:USA ZIJMF:USA FJZ:Germany 601899:China

Address

No.1 Zijin Road, Zijin Tower, Fujian Province, Shanghang County, Longyan, CHN, 364200

Website

https://www.zjky.cn

Zijin Mining Group Co Ltd is focusing on the exploration and development of gold and copper and other metal mineral resources. The company's operating segment includes Gold bullion; Processed, refined, and trading gold; Gold concentrates; Electrolytic copper & electrodeposited copper; Refined copper; Copper concentrates; Other concentrates; Zinc bullion, Environmental protection, trading, and others. It generates maximum revenue from the Processed, refined & trading gold segment. The Processed, refined, and trading gold segment is engaged in the production of gold bullion by processing gold concentrates produced by the group or purchased from external suppliers and gold bullion in the business of physical gold trading. Geographically, the majority is derived from Mainland China.

Zijin Mining Group Co (HKSE:02899) Headlines

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