GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Gulf Resources Inc (NAS:GURE) » Definitions » Price-to-Tangible-Book

Gulf Resources (Gulf Resources) Price-to-Tangible-Book

: 0.06 (As of Today)
View and export this data going back to 2006. Start your Free Trial

As of today (2024-04-18), Gulf Resources's share price is $1.385. Gulf Resources's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was $24.11. Hence, Gulf Resources's Price to Tangible Book Ratio of today is 0.06.

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

GURE' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.05   Med: 0.19   Max: 0.32
Current: 0.06

During the past 13 years, Gulf Resources's highest Price to Tangible Book Ratio was 0.32. The lowest was 0.05. And the median was 0.19.

GURE's Price-to-Tangible-Book is ranked better than
99.87% of 1490 companies
in the Chemicals industry
Industry Median: 1.74 vs GURE: 0.06

A closely related ratio is called PB Ratio. As of today, Gulf Resources's share price is $1.385. Gulf Resources's Book Value per Sharefor the quarter that ended in Sep. 2023 was $24.99. Hence, Gulf Resources's P/B Ratio of today is 0.06.


Gulf Resources Price-to-Tangible-Book Historical Data

The historical data trend for Gulf Resources'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.

Gulf Resources Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Price-to-Tangible-Book
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.13 0.10 0.15 0.16 0.12

Gulf Resources 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 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 Premium Member Only Premium Member Only Premium Member Only 0.14 0.12 0.11 0.10 0.08

Competitive Comparison

For the Chemicals subindustry, Gulf Resources'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.


Gulf Resources Price-to-Tangible-Book Distribution

For the Chemicals industry and Basic Materials sector, Gulf Resources's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Gulf Resources's Price-to-Tangible-Book falls into.



Gulf Resources Price-to-Tangible-Book Calculation

Gulf Resources's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2023 )
=1.385/24.106
=0.06

* 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.


Gulf Resources Price-to-Tangible-Book Related Terms

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


Gulf Resources (Gulf Resources) Business Description

Traded in Other Exchanges
Address
Level 11, Vegetable Building, Industrial Park of the East Shouguang City, Shandong, Shouguang, CHN, 262700
Gulf Resources Inc is a holding company engaged in the manufacture and trade of bromine and crude salt, and natural gas; manufactures and sells chemical products used in oil and gas field exploration, oil and gas distribution, oil field drilling, wastewater processing, papermaking chemical agents and inorganic chemicals, and manufactures and sells materials for human and animal antibiotics. It operates in four segments: Bromine, Crude Salt, Chemical Products, and Natural Gas. It derives maximum revenue from the Bromine segment which is commonly used in brominated flame retardants, fumigants, water purification compounds, dyes, medicines, and disinfectants.
Executives
Xiaobin Liu director, officer: Chief Executive Officer GULF RESOURCES, INC. NO.99 WENCHANG ROAD, CHENMING INDUSTRIAL PARK, SHOUGUANG CITY F4 262714
Naihui Miao officer: COO and Secretary GULF RESOURCES INC. NO.99, WENCHANG ROAD, CHENMING INDUSTRIAL PARK, SHOUGUANG CITY F4 262714
Min Li director, officer: Chief Financial Officer CHEMING INDUSTRIAL PARK UNIT, HAOYUAN CHEMICAL COMPANY LIMITED, SHOUGUANG CITY, SHAN F4 F4 262714
Tengfei Zhang director C/O GULF RESOURCES, INC. 99 WENCHANG RD., CHENMING INDUSTRIAL PARK, SHOUGUANG CITY, SHANDONG F4 262714
Shengwei Ma director LEVEL 11, VEGETABLE BUILDING, INDUSTRIAL PARK OF THE EAST CITY, SHOUGUANG CITY, SHANGDON PROVI F4 262700
Shitong Jiang director GULF RESOURCES, INC. NO.99 WENCHANG ROAD, CHENMING INDUSTRIAL PARK, SHOUGUANG CITY F4 262714
Yang Zou director C/O GULF RESOURCES, INC., 99 WENCHANG RD, CHENMING INDUSTRIAL PARK, SHOUGUANG CITY, SHANDONG F4 262714
Nan Li director C/O GULF RESOURCES, INC., 99 WENCHANG RD, CHENMING INDUSTRIAL PARK, SHOUGUANG CITY, SHANDONG F4 262714
Ming Yang 10 percent owner NO. 501 BO HAI ROAD, SHOUGUANG CITY, SHANDONG F4 262700
Weijie Chen 10 percent owner NORTH WEIGAO ROAD, LUOCHENG SUB-DISTRICT OFFICE, SHOUGUANG F4 262700
Hap Trading, Llc 10 percent owner 395 HUDSON STREET, SUITE 701, NEW YORK NY 10014
Vignolo Biagio M Jr director 1 WHITEHALL STREET, NEW YORK NY 10004
Richard Khaleel director 110 RIVERSIDE DRIVE, APT 3E, NEW YORK NY 10024
Shandong Haoyuan Industry Group Ltd 10 percent owner WO PU TOWN, QING HE OIL EXTRACTION PLANT, 2ND LIVING DISTRICT, SHOUGUANG CITY F4 51800
Wenxiang Yu 10 percent owner NO. 108 SHENG CHENG ROAD, BUILDING NO. 1, UNIT 3, ROOM 402, SHOUGUANG CITY, SHAN F4 262700