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Bank of Shanghai Co (SHSE:601229) Price-to-Tangible-Book : 0.46 (As of Apr. 28, 2024)


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What is Bank of Shanghai Co Price-to-Tangible-Book?

As of today (2024-04-28), Bank of Shanghai Co's share price is ¥7.12. Bank of Shanghai Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥15.47. Hence, Bank of Shanghai Co's Price to Tangible Book Ratio of today is 0.46.

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

SHSE:601229' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.38   Med: 0.71   Max: 1.27
Current: 0.46

During the past 13 years, Bank of Shanghai Co's highest Price to Tangible Book Ratio was 1.27. The lowest was 0.38. And the median was 0.71.

SHSE:601229's Price-to-Tangible-Book is ranked better than
86.59% of 1439 companies
in the Banks industry
Industry Median: 0.93 vs SHSE:601229: 0.46

A closely related ratio is called PB Ratio. As of today, Bank of Shanghai Co's share price is ¥7.12. Bank of Shanghai Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥15.55. Hence, Bank of Shanghai Co's P/B Ratio of today is 0.46.


Bank of Shanghai Co Price-to-Tangible-Book Historical Data

The historical data trend for Bank of Shanghai 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.

Bank of Shanghai Co Price-to-Tangible-Book Chart

Bank of Shanghai 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 0.86 0.66 0.55 0.42 0.45

Bank of Shanghai 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 0.38 0.39 0.38 0.50 0.43

Competitive Comparison of Bank of Shanghai Co's Price-to-Tangible-Book

For the Banks - Regional subindustry, Bank of Shanghai 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.


Bank of Shanghai Co's Price-to-Tangible-Book Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank of Shanghai Co's Price-to-Tangible-Book distribution charts can be found below:

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



Bank of Shanghai Co Price-to-Tangible-Book Calculation

Bank of Shanghai 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 )
=7.12/15.468
=0.46

* 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.


Bank of Shanghai Co Price-to-Tangible-Book Related Terms

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


Bank of Shanghai Co (SHSE:601229) Business Description

Traded in Other Exchanges
N/A
Address
No. 168, Middle Yincheng Road, Pudong New District, Shanghai, CHN, 200120
Bank of Shanghai Co Ltd is a commercial banking company. It is primarily involved in providing banking and financial services such as Corporate banking, Retail banking, Treasury business and others. Geographically, the business presence of the firm is seen across the region of Shanghai, Yangtze River Delta, excluding Shanghai and others.

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