Pingtan Marine Enterprise (Pingtan Marine Enterprise) Price-to-Tangible-Book : 0.35 (As of May. 08, 2024)

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What is Pingtan Marine Enterprise Price-to-Tangible-Book?

As of today (2024-05-08), Pingtan Marine Enterprise's share price is $0.27. Pingtan Marine Enterprise's Tangible Book per Share of Jun. 2022 for the quarter that ended in Jun. 2022 was $0.78. Hence, Pingtan Marine Enterprise's Price to Tangible Book Ratio of today is 0.35.

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

PME's Price-to-Tangible-Book is not ranked ^*
in the Consumer Packaged Goods industry.
Industry Median: 1.74
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Pingtan Marine Enterprise's share price is $0.27. Pingtan Marine Enterprise's Book Value per Sharefor the quarter that ended in Jun. 2022 was $0.78. Hence, Pingtan Marine Enterprise's P/B Ratio of today is 0.35.

Pingtan Marine Enterprise Price-to-Tangible-Book Historical Data

The historical data trend for Pingtan Marine Enterprise'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.

Pingtan Marine Enterprise Price-to-Tangible-Book Chart

Pingtan Marine Enterprise Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.86

1.52

0.73

2.12

0.65

Pingtan Marine Enterprise Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun22
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.38	1.23	0.92	0.65	1.14

Competitive Comparison of Pingtan Marine Enterprise's Price-to-Tangible-Book

For the Farm Products subindustry, Pingtan Marine Enterprise'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.

Pingtan Marine Enterprise's Price-to-Tangible-Book Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Pingtan Marine Enterprise's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Pingtan Marine Enterprise's Price-to-Tangible-Book falls into.

Pingtan Marine Enterprise Price-to-Tangible-Book Calculation

Pingtan Marine Enterprise's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2022 )
	=	0.27	/	0.779
	=	0.35

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.

Pingtan Marine Enterprise Price-to-Tangible-Book Related Terms

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

Pingtan Marine Enterprise (Pingtan Marine Enterprise) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Pingtan Marine Enterprise Ltd (NAS:PME) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 154 Hudong Road, 18-19th Floor, Zhongshan Building A, Gulou District, Fujian Province, Fuzhou, CHN, 350001

Website

https://www.ptmarine.com

Pingtan Marine Enterprise Ltd is a marine enterprises group primarily engaging in ocean fishing. The company provides high-quality seafood to a diverse group of customers including distributors, restaurant owners and exporters in the China. It harvests a range of fish species with its owned and licensed vessels operating within the Indian Exclusive Economic Zone, Indo-Pacific waters, the Arafura Sea of Indonesia, and international waters of Atlantic and Pacific Oceans. Pingtan derives revenue primarily from the sales of frozen seafood products.

Executives

Liming Yung	officer: Chief Financial Officer	18/F, ZHONGSHAN BUILDING A, NO. 154 HUDONG ROAD, FUZHOU F4 350001
Xinrong Zhuo	director, 10 percent owner, officer: Chief Executive Officer	FLOOR 18, TOWER A, ZHONG SHAN BUILDING, NO 154, HUDONG ROAD, GULAU DISTRICT, FUHOO CITY, FUJAN PROVINCE F4 00000
Lin Lin	director	18-19/F, ZHONGSHAN BUILDING A,, NO. 154 HUDONG ROAD, FUZHOU F4 350001
Xingan Lin	director	18-19/F, ZHONGSHAN BUILDING A,, NO. 154 HUDONG ROAD, FUZHOU F4 350001
Yang Yu	officer: CFO	561 XIAN FENG ROAD, HARBIN HEILONGJIANG XX 1540000
Yeliang Zhou	director	FLOOR 18, TOWER A, ZHONGSHAN BUILDING, NO 154, HUDONG ROAD, GULOU DISTRICT, FUZHOU CITY, FUJIAN PROVINCE F4 00000
Zengbiao Zhu	director	FLOOR 18, TOWER A, ZHONGSHAN BUILDING, NO 154, HUDONG ROAD, GULOU DISTRICT, FUZHOU CITY, FUJIAN PROVINCE F4 00000
Lin Bao	director	FLOOR 18, TOWER A, ZHONGSHAN BUILDING, NO 154, HUDONG ROAD, GULOU DISTRICT, FUZHOU CITY, FUJIAN PROVINCE F4 00000
Bin Lin	director, officer: Senior Vice President	FLOOR 18, TOWER A, ZHONGSHAN BUILDING, NO 154, HUDONG ROAD, GULOU DISTRICT, FUZHOU CITY, FUJIAN PROVINCE F4 00000
Jin Shi	director, 10 percent owner, officer: Chief Executive Officer	1818 CANGGONG ROAD, FENGXIAN, SHANGHAI, CHEMICAL INDUSTRY PARK, SHANGHAI F4 201417
Teng Zhou	director	1818 CANGGONG ROAD, FENGXIAN, SHANGHAI, CHEMICAL INDUSTRY PARK, SHANGHAI F4 201417
Xuesong Song	director, 10 percent owner, officer: Chief Financial Officer	1818 CANGGONG ROAD, FENGXIAN, SHANGHAI, CHEMICAL INDUSTRY PARK, SHANGHAI F4 201417
Xuechu He	director	1818 CANGGONG ROAD, FENGXIAN, SHANGHAI, CHEMICAL INDUSTRY PARK, SHANGHAI F4 201417
Michael W Zhang	director	A12 JIANGUOMENWAI AVENUE, NCI TOWER SUITE 1602, BEIJING F4 100022
Xue Bai	director	A12 JIANGUOMENWAI AVENUE, NCI TOWER SUITE 1602, BEIJING F4 100022