Huaihe Energy (Group) Co (SHSE:600575) Price-to-Tangible-Book : 1.27 (As of Apr. 24, 2024)

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As of today (2024-04-24), Huaihe Energy (Group) Co's share price is ¥2.92. Huaihe Energy (Group) Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ¥2.31. Hence, Huaihe Energy (Group) Co's Price to Tangible Book Ratio of today is 1.27.

The historical rank and industry rank for Huaihe Energy (Group) Co's Price-to-Tangible-Book or its related term are showing as below:

SHSE:600575' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.05 Med: 1.31 Max: 4.64
Current: 1.26

During the past 13 years, Huaihe Energy (Group) Co's highest Price to Tangible Book Ratio was 4.64. The lowest was 1.05. And the median was 1.31.

SHSE:600575's Price-to-Tangible-Book is ranked better than
56.59% of 880 companies
in the Transportation industry
Industry Median: 1.39 vs SHSE:600575: 1.26

A closely related ratio is called PB Ratio. As of today, Huaihe Energy (Group) Co's share price is ¥2.92. Huaihe Energy (Group) Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was ¥2.81. Hence, Huaihe Energy (Group) Co's P/B Ratio of today is 1.04.

Huaihe Energy (Group) Co Price-to-Tangible-Book Historical Data

The historical data trend for Huaihe Energy (Group) 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.

Huaihe Energy (Group) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.31

1.16

1.14

1.05

Huaihe Energy (Group) 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	Get a 7-Day Free Trial															1.14	1.11	1.13	1.18	1.05

Competitive Comparison

For the Integrated Freight & Logistics subindustry, Huaihe Energy (Group) 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.

Huaihe Energy (Group) Co Price-to-Tangible-Book Distribution

For the Transportation industry and Industrials sector, Huaihe Energy (Group) Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Huaihe Energy (Group) Co's Price-to-Tangible-Book falls into.

Huaihe Energy (Group) Co Price-to-Tangible-Book Calculation

Huaihe Energy (Group) 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 )
	=	2.92	/	2.306
	=	1.27

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.

Huaihe Energy (Group) Co Price-to-Tangible-Book Related Terms

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Huaihe Energy (Group) Co (SHSE:600575) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Huaihe Energy (Group) Co Ltd (SHSE:600575) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Yuexiu Road, Building 2, North Shore Water Shore, Wuhu Economic and Technological Development Zone, Wuhu, CHN, 241006

Website

http://www.wuhuport.com

Huaihe Energy (Group) Co Ltd is engaged in cargo handling, storage, international container loading and unloading, logistics and distribution, multimodal transport, port management and the goods transfer service.

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