Huadi International Group Co (Huadi International Group Co) Price-to-Tangible-Book

: 0.52 (As of Today)

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As of today (2024-04-23), Huadi International Group Co's share price is $2.57. Huadi International Group Co's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was $4.92. Hence, Huadi International Group Co's Price to Tangible Book Ratio of today is 0.52.

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

HUDI' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.52 Med: 1.18 Max: 6.71
Current: 0.52

During the past 6 years, Huadi International Group Co's highest Price to Tangible Book Ratio was 6.71. The lowest was 0.52. And the median was 1.18.

HUDI's Price-to-Tangible-Book is ranked better than
78.48% of 604 companies
in the Steel industry
Industry Median: 1.055 vs HUDI: 0.52

A closely related ratio is called PB Ratio. As of today, Huadi International Group Co's share price is $2.57. Huadi International Group Co's Book Value per Sharefor the quarter that ended in Sep. 2023 was $5.22. Hence, Huadi International Group Co's P/B Ratio of today is 0.49.

Huadi International Group Co Price-to-Tangible-Book Historical Data

The historical data trend for Huadi International 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.

Huadi International Group Co Annual Data

Trend

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.18

6.71

0.69

Huadi International Group Co Semi-Annual Data
	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial						1.18	5.91	6.71	0.59	0.69

Competitive Comparison

For the Steel subindustry, Huadi International 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.

Huadi International Group Co Price-to-Tangible-Book Distribution

For the Steel industry and Basic Materials sector, Huadi International Group Co's Price-to-Tangible-Book distribution charts can be found below:

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

Huadi International Group Co Price-to-Tangible-Book Calculation

Huadi International Group 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 )
	=	2.57	/	4.916
	=	0.52

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.

Huadi International Group Co Price-to-Tangible-Book Related Terms

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Huadi International Group Co (Huadi International Group Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Huadi International Group Co Ltd (NAS:HUDI) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.1688 Tianzhong Street, Longwan District, Zhejiang Province, Wenzhou, CHN, 325025

Website

http://www.huadigroup.com

Huadi International Group Co Ltd is a manufacturer of industrial stainless steel seamless pipes and tubes products. Its products are used in the oil & gas transmission, chemistry engineering, food processing, medical devices, aeronautics and astronautics, boiler, irrigation works construction, automobile and naval architecture, paper mill and mechanical industries. Products are exported to the United States, Mexico, Thailand, Australia, Argentina, Taiwan, India, the Philippines, UAE and Canada. Geographically, majority revenue is generated from China.