JinkoSolar Holding Co (JinkoSolar Holding Co) Price-to-Tangible-Book : 0.50 (As of Apr. 27, 2024)

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What is JinkoSolar Holding Co Price-to-Tangible-Book?

As of today (2024-04-27), JinkoSolar Holding Co's share price is $24.14. JinkoSolar Holding Co's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was $48.44. Hence, JinkoSolar Holding Co's Price to Tangible Book Ratio of today is 0.50.

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

JKS' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.37 Med: 0.99 Max: 2.95
Current: 0.5

During the past 13 years, JinkoSolar Holding Co's highest Price to Tangible Book Ratio was 2.95. The lowest was 0.37. And the median was 0.99.

JKS's Price-to-Tangible-Book is ranked better than
96.2% of 948 companies
in the Semiconductors industry
Industry Median: 2.57 vs JKS: 0.50

A closely related ratio is called PB Ratio. As of today, JinkoSolar Holding Co's share price is $24.14. JinkoSolar Holding Co's Book Value per Sharefor the quarter that ended in Sep. 2023 was $53.22. Hence, JinkoSolar Holding Co's P/B Ratio of today is 0.45.

JinkoSolar Holding Co Price-to-Tangible-Book Historical Data

The historical data trend for JinkoSolar Holding 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.

JinkoSolar Holding Co Price-to-Tangible-Book Chart

JinkoSolar Holding Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.37

0.81

2.06

1.41

0.97

JinkoSolar Holding Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.42	0.97	1.11	0.92	0.63

Competitive Comparison of JinkoSolar Holding Co's Price-to-Tangible-Book

For the Solar subindustry, JinkoSolar Holding 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.

JinkoSolar Holding Co's Price-to-Tangible-Book Distribution in the Semiconductors Industry

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

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

JinkoSolar Holding Co Price-to-Tangible-Book Calculation

JinkoSolar Holding Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	24.14	/	48.436
	=	0.50

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.

JinkoSolar Holding Co Price-to-Tangible-Book Related Terms

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

JinkoSolar Holding Co (JinkoSolar Holding Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » JinkoSolar Holding Co Ltd (NYSE:JKS) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

JKS:Mexico 0JOX:UK ZJS1:Germany ZJS1:Germany ZJS1:Germany JKS:Austria

Address

1 Yingbin Road, Shangrao Economic Development Zone, Jiangxi Province, Shangrao, CHN, 334100

Website

https://www.jinkosolar.com/en

JinkoSolar Holding Co Ltd is engaged in the photovoltaic industry. The firm has built a vertically integrated solar power product value chain, manufacturing from silicon wafers to solar modules. It sells solar modules under the JinkoSolar brand. The company's product includes Silicon wafers, Solar cells, and Solar modules. Its geographical segments are China (including Hong Kong and Taiwan), North America, Europe, Asia Pacific (except China, which includes Hong Kong and Taiwan), and the Rest of the world.