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Sinopec Shanghai Petrochemical Co (Sinopec Shanghai Petrochemical Co) Price-to-Tangible-Book : 0.58 (As of Apr. 28, 2024)


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What is Sinopec Shanghai Petrochemical Co Price-to-Tangible-Book?

As of today (2024-04-28), Sinopec Shanghai Petrochemical Co's share price is $18.28. Sinopec Shanghai Petrochemical Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $31.47. Hence, Sinopec Shanghai Petrochemical Co's Price to Tangible Book Ratio of today is 0.58.

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

SHIIY' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.18   Med: 1.85   Max: 6.47
Current: 1.21

During the past 13 years, Sinopec Shanghai Petrochemical Co's highest Price to Tangible Book Ratio was 6.47. The lowest was 1.18. And the median was 1.85.

SHIIY's Price-to-Tangible-Book is ranked better than
54.75% of 926 companies
in the Oil & Gas industry
Industry Median: 1.32 vs SHIIY: 1.21

A closely related ratio is called PB Ratio. As of today, Sinopec Shanghai Petrochemical Co's share price is $18.28. Sinopec Shanghai Petrochemical Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was $31.92. Hence, Sinopec Shanghai Petrochemical Co's P/B Ratio of today is 0.57.

Sinopec Shanghai Petrochemical Co Price-to-Tangible-Book Historical Data

The historical data trend for Sinopec Shanghai Petrochemical 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.

Sinopec Shanghai Petrochemical Co Price-to-Tangible-Book Chart

Sinopec Shanghai Petrochemical Co 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 0.78 0.51 0.53 - -

Sinopec Shanghai Petrochemical Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - -

Competitive Comparison of Sinopec Shanghai Petrochemical Co's Price-to-Tangible-Book

For the Oil & Gas Refining & Marketing subindustry, Sinopec Shanghai Petrochemical 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.

Sinopec Shanghai Petrochemical Co's Price-to-Tangible-Book Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Sinopec Shanghai Petrochemical Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Sinopec Shanghai Petrochemical Co's Price-to-Tangible-Book falls into.


Sinopec Shanghai Petrochemical Co Price-to-Tangible-Book Calculation

Sinopec Shanghai Petrochemical Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=18.28/31.469
=0.58

* 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:

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.

Sinopec Shanghai Petrochemical Co Price-to-Tangible-Book Related Terms

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Sinopec Shanghai Petrochemical Co (Sinopec Shanghai Petrochemical Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Sinopec Shanghai Petrochemical Co Ltd (OTCPK:SHIIY) » Definitions » Price-to-Tangible-Book
Comparable Companies
SZSE:000096 SHSE:603906 SHSE:603003 SZSE:000407 SHSE:600387 SZSE:000159 SZSE:000554 SZSE:300839 SZSE:002778 NSE:RELIANCE MPC PSX VLO NSE:IOC OHEL:NESTE TPE:6505 XKAZ:KMGZ BOM:500547 TSE:5020 DINO
Traded in Other Exchanges
SPTJF:USA 00338:Hong Kong SGJH:Germany SGJH:Germany 600688:China
Address
No. 48 Jinyi Road, Jinshan District, Shanghai, CHN, 200540
Website
http://www.sinopec.com
Sinopec Shanghai Petrochemical Co Ltd is a Chinese petrochemical company. The company's operating segment includes Synthetic fibers; Resins and plastics; Intermediate petrochemicals; Petroleum products; Trading of petrochemical products and Others. It generates maximum revenue from the Petroleum products segment. The petroleum products segment is equipped with crude oil refinery facilities used to produce qualified refined gasoline, fuel, diesel oil, heavy oil and liquefied petroleum gas, and provide raw materials for the group's downstream petrochemical processing facilities.