As of today (2024-04-19), China Petroleum & Chemical's share price is ¥6.67. China Petroleum & Chemical's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was ¥6.61. Hence, China Petroleum & Chemical's Price to Tangible Book Ratio of today is 1.01.
The historical rank and industry rank for China Petroleum & Chemical's Price-to-Tangible-Book or its related term are showing as below:
SHSE:600028'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.46 Med: 0.8 Max: 1.2
Current: 0.67
During the past 13 years, China Petroleum & Chemical's highest Price to Tangible Book Ratio was 1.20. The lowest was 0.46. And the median was 0.80.
SHSE:600028's Price-to-Tangible-Book is ranked better than 79.42% of 928
companies
in the Oil & Gas industry
Industry Median: 1.325
vs SHSE:600028: 0.67
A closely related ratio is called PB Ratio. As of today, China Petroleum & Chemical's share price is ¥6.67. China Petroleum & Chemical's Book Value per Sharefor the quarter that ended in Sep. 2023 was ¥6.66. Hence, China Petroleum & Chemical's P/B Ratio of today is 1.00.
China Petroleum & Chemical Price-to-Tangible-Book Historical Data
The historical data trend for China Petroleum & Chemical'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 Petroleum & Chemical Annual Data
Trend
Dec13
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Price-to-Tangible-Book
0.91
0.89
0.69
0.70
0.70
China Petroleum & Chemical 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
0.67
0.70
0.84
1.00
0.92
Competitive Comparison
For the Oil & Gas Integrated subindustry, China Petroleum & Chemical'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 Petroleum & Chemical Price-to-Tangible-Book Distribution
For the Oil & Gas industry and Energy sector, China Petroleum & Chemical's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where China Petroleum & Chemical's Price-to-Tangible-Book falls into.
China Petroleum & Chemical Price-to-Tangible-Book Calculation
China Petroleum & Chemical's price-to-tangible-book ratio for today is calculated as:
* 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 Petroleum & Chemical Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of China Petroleum & Chemical's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
China Petroleum & Chemical (SHSE:600028) Business Description
China Petroleum & Chemical, or Sinopec, is one of China's national oil companies and one of Asian's largest integrated oil companies in terms of revenue. Its income is derived primarily from refining and marketing of oil products and petrochemical production. Sinopec has China's largest petrol station network with over 30,000 stations and enjoys significant market share in petrochemicals. Established in 2000 by China Petrochemical Corporation, a state-owned enterprise and majority shareholder, the company also owns oil and gas assets in Shandong and Sichuan provinces. It has a smaller global upstream presence than peers PetroChina and CNOOC. In 2022, Sinopec's production of oil and gas equivalent was 488.99 million barrels. The firm also processed 242 million metric tons of crude oil.
China Petroleum & Chemical (SHSE:600028) Headlines
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