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China Rare Earth Holdings (China Rare Earth Holdings) Price-to-Tangible-Book : 0.28 (As of Apr. 25, 2024)


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What is China Rare Earth Holdings Price-to-Tangible-Book?

As of today (2024-04-25), China Rare Earth Holdings's share price is $0.0311. China Rare Earth Holdings's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $0.11. Hence, China Rare Earth Holdings's Price to Tangible Book Ratio of today is 0.28.

The historical rank and industry rank for China Rare Earth Holdings's Price-to-Tangible-Book or its related term are showing as below:

CREQF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.26   Med: 0.51   Max: 0.83
Current: 0.26

During the past 13 years, China Rare Earth Holdings's highest Price to Tangible Book Ratio was 0.83. The lowest was 0.26. And the median was 0.51.

CREQF's Price-to-Tangible-Book is ranked better than
89.6% of 2240 companies
in the Metals & Mining industry
Industry Median: 1.32 vs CREQF: 0.26

A closely related ratio is called PB Ratio. As of today, China Rare Earth Holdings's share price is $0.0311. China Rare Earth Holdings's Book Value per Sharefor the quarter that ended in Dec. 2023 was $0.11. Hence, China Rare Earth Holdings's P/B Ratio of today is 0.28.


China Rare Earth Holdings Price-to-Tangible-Book Historical Data

The historical data trend for China Rare Earth Holdings'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.

China Rare Earth Holdings Price-to-Tangible-Book Chart

China Rare Earth Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 0.37 0.73 0.45 0.35

China Rare Earth Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Price-to-Tangible-Book Get a 7-Day Free Trial 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 0.73 0.53 0.45 0.44 0.35

Competitive Comparison of China Rare Earth Holdings's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, China Rare Earth Holdings'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.


China Rare Earth Holdings's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, China Rare Earth Holdings's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where China Rare Earth Holdings's Price-to-Tangible-Book falls into.



China Rare Earth Holdings Price-to-Tangible-Book Calculation

China Rare Earth Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=0.0311/0.113
=0.28

* 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.


China Rare Earth Holdings Price-to-Tangible-Book Related Terms

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


China Rare Earth Holdings (China Rare Earth Holdings) Business Description

Traded in Other Exchanges
Address
Dingshu Town, Jiangsu Province, Yixing, CHN, 214226
China Rare Earth Holdings Ltd is an investment holding company. It operates in two segments: Rare earth and Refractory. The Rare earth segment includes manufacturing and sales of rare earth products such as praseodymium, neodymium, terbium, and dysprosium through trading. It also focuses on the production of high-end products such as rare earth oxides. The Refractory segment includes the manufacturing and sales of refractory products, including Refractory materials and Magnesium grains. The majority of its revenue comes from Rare Earth Segment. Its geographical segments are China, Japan, Europe, and Others, of which China accounts for the vast majority of its revenue.

China Rare Earth Holdings (China Rare Earth Holdings) Headlines

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