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Nanjing Chemical Fibre Co (SHSE:600889) Price-to-Tangible-Book : 1.75 (As of Apr. 26, 2024)


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What is Nanjing Chemical Fibre Co Price-to-Tangible-Book?

As of today (2024-04-26), Nanjing Chemical Fibre Co's share price is ¥3.90. Nanjing Chemical Fibre Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥2.23. Hence, Nanjing Chemical Fibre Co's Price to Tangible Book Ratio of today is 1.75.

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

SHSE:600889' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.13   Med: 2.14   Max: 3.57
Current: 1.7

During the past 13 years, Nanjing Chemical Fibre Co's highest Price to Tangible Book Ratio was 3.57. The lowest was 1.13. And the median was 2.14.

SHSE:600889's Price-to-Tangible-Book is ranked better than
51.84% of 1493 companies
in the Chemicals industry
Industry Median: 1.79 vs SHSE:600889: 1.70

A closely related ratio is called PB Ratio. As of today, Nanjing Chemical Fibre Co's share price is ¥3.90. Nanjing Chemical Fibre Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥2.32. Hence, Nanjing Chemical Fibre Co's P/B Ratio of today is 1.68.


Nanjing Chemical Fibre Co Price-to-Tangible-Book Historical Data

The historical data trend for Nanjing Chemical Fibre 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.

Nanjing Chemical Fibre Co Price-to-Tangible-Book Chart

Nanjing Chemical Fibre 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 1.24 1.53 1.95 1.82 2.51

Nanjing Chemical Fibre 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 1.91 1.81 2.07 2.51 2.02

Competitive Comparison of Nanjing Chemical Fibre Co's Price-to-Tangible-Book

For the Chemicals subindustry, Nanjing Chemical Fibre 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.


Nanjing Chemical Fibre Co's Price-to-Tangible-Book Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nanjing Chemical Fibre Co's Price-to-Tangible-Book distribution charts can be found below:

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



Nanjing Chemical Fibre Co Price-to-Tangible-Book Calculation

Nanjing Chemical Fibre 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 )
=3.90/2.233
=1.75

* 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.


Nanjing Chemical Fibre Co Price-to-Tangible-Book Related Terms

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Nanjing Chemical Fibre Co (SHSE:600889) Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Yuzhuang Road, Xiongzhou Street, Liuhe District, Jiangsu, Nanjing, CHN, 211511
Nanjing Chemical Fibre Co Ltd is a China-based company mainly engaged in the production and operation of viscose fiber and tap water. The company produces Jinling brand viscose fiber which is sold in China and exported to South Korea, Japan, Vietnam, Europe and the United States. Its water plant is located at Yanziji, Qixia District, Nanjing, and has a water supply capacity of approx. 150,000 tons/day. The company provides tap water service to enterprises in the economic and technological development zone and its surrounding factories and residential quarters.

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