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Sinochem Equipment Technology (Qingdao) Co (SHSE:600579) Price-to-Tangible-Book : 2.87 (As of Jul. 22, 2025)


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What is Sinochem Equipment Technology (Qingdao) Co Price-to-Tangible-Book?

As of today (2025-07-22), Sinochem Equipment Technology (Qingdao) Co's share price is ¥8.36. Sinochem Equipment Technology (Qingdao) Co's Tangible Book per Share of Mar. 2025 for the quarter that ended in Mar. 2025 was ¥2.92. Hence, Sinochem Equipment Technology (Qingdao) Co's Price to Tangible Book Ratio of today is 2.87.

The historical rank and industry rank for Sinochem Equipment Technology (Qingdao) Co's Price-to-Tangible-Book or its related term are showing as below:

SHSE:600579' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.63   Med: 5.83   Max: 12.54
Current: 2.86

During the past 13 years, Sinochem Equipment Technology (Qingdao) Co's highest Price to Tangible Book Ratio was 12.54. The lowest was 2.63. And the median was 5.83.

SHSE:600579's Price-to-Tangible-Book is ranked worse than
56.29% of 2839 companies
in the Industrial Products industry
Industry Median: 2.46 vs SHSE:600579: 2.86

A closely related ratio is called PB Ratio. As of today, Sinochem Equipment Technology (Qingdao) Co's share price is ¥8.36. Sinochem Equipment Technology (Qingdao) Co's Book Value per Sharefor the quarter that ended in Mar. 2025 was ¥3.37. Hence, Sinochem Equipment Technology (Qingdao) Co's P/B Ratio of today is 2.48.


Sinochem Equipment Technology (Qingdao) Co Price-to-Tangible-Book Historical Data

The historical data trend for Sinochem Equipment Technology (Qingdao) 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.

Sinochem Equipment Technology (Qingdao) Co Price-to-Tangible-Book Chart

Sinochem Equipment Technology (Qingdao) Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 4.16

Sinochem Equipment Technology (Qingdao) Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - - - 4.16 2.63

Competitive Comparison of Sinochem Equipment Technology (Qingdao) Co's Price-to-Tangible-Book

For the Specialty Industrial Machinery subindustry, Sinochem Equipment Technology (Qingdao) 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.


Sinochem Equipment Technology (Qingdao) Co's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sinochem Equipment Technology (Qingdao) Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Sinochem Equipment Technology (Qingdao) Co's Price-to-Tangible-Book falls into.


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Sinochem Equipment Technology (Qingdao) Co Price-to-Tangible-Book Calculation

Sinochem Equipment Technology (Qingdao) Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2025 )
=8.36/2.917
=2.87

* 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.


Sinochem Equipment Technology (Qingdao) Co Price-to-Tangible-Book Related Terms

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


Sinochem Equipment Technology (Qingdao) Co Business Description

Traded in Other Exchanges
N/A
Address
No. 9 Beitucheng West Road, China National Bluestar Headquarters Building, Chaoyang District, Beijing, CHN, 100029
Sinochem Equipment Technology (Qingdao) Co Ltd is engaged in the Chemical equipment business and rubber machinery business.

Sinochem Equipment Technology (Qingdao) Co Headlines

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