TBEA Co (SHSE:600089) Price-to-Tangible-Book

: 1.41 (As of Today)

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As of today (2024-04-18), TBEA Co's share price is ¥14.19. TBEA Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ¥10.07. Hence, TBEA Co's Price to Tangible Book Ratio of today is 1.41.

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

SHSE:600089' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.81 Med: 1.46 Max: 2.53
Current: 1.41

During the past 13 years, TBEA Co's highest Price to Tangible Book Ratio was 2.53. The lowest was 0.81. And the median was 1.46.

SHSE:600089's Price-to-Tangible-Book is ranked better than
66.71% of 2821 companies
in the Industrial Products industry
Industry Median: 2.06 vs SHSE:600089: 1.41

A closely related ratio is called PB Ratio. As of today, TBEA Co's share price is ¥14.19. TBEA Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was ¥12.38. Hence, TBEA Co's P/B Ratio of today is 1.15.

TBEA Co Price-to-Tangible-Book Historical Data

The historical data trend for TBEA 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.

TBEA Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

0.81

1.16

2.11

1.70

1.37

TBEA Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book																1.70	1.69	1.78	1.50	1.37

Competitive Comparison

For the Electrical Equipment & Parts subindustry, TBEA 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.

TBEA Co Price-to-Tangible-Book Distribution

For the Industrial Products industry and Industrials sector, TBEA Co's Price-to-Tangible-Book distribution charts can be found below:

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

TBEA Co Price-to-Tangible-Book Calculation

TBEA Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	14.19	/	10.065
	=	1.41

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.

TBEA Co Price-to-Tangible-Book Related Terms

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

TBEA Co (SHSE:600089) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » TBEA Co Ltd (SHSE:600089) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

N/A

Address

No.189 Beijing South Road, Xinjiang Uygur Autonomous Region, Changji, CHN, 831100

Website

http://www.tbea.com

TBEA Co Ltd is a China-based company engaged in offering service providers energy business solutions. The company distributes electric power transmissions and transformation equipment. It provides solutions such as green technology, smart environmental protection, energy equipment for turnkey projects, and system solutions ranging from surveying to design, construction, installation, and commissioning to the integration of training, operation, and maintenance. It also promotes the construction of green and efficient power grids. The company has a business presence in China and international countries.

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