China Railway Group (SHSE:601390) Price-to-Tangible-Book

: 1.29 (As of Today)

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As of today (2024-04-24), China Railway Group's share price is ¥6.91. China Railway Group's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ¥5.34. Hence, China Railway Group's Price to Tangible Book Ratio of today is 1.29.

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

SHSE:601390' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.73 Med: 1.15 Max: 3.99
Current: 1.29

During the past 13 years, China Railway Group's highest Price to Tangible Book Ratio was 3.99. The lowest was 0.73. And the median was 1.15.

SHSE:601390's Price-to-Tangible-Book is ranked better than
51.17% of 1499 companies
in the Construction industry
Industry Median: 1.32 vs SHSE:601390: 1.29

A closely related ratio is called PB Ratio. As of today, China Railway Group's share price is ¥6.91. China Railway Group's Book Value per Sharefor the quarter that ended in Dec. 2023 was ¥13.44. Hence, China Railway Group's P/B Ratio of today is 0.51.

China Railway Group Price-to-Tangible-Book Historical Data

The historical data trend for China Railway Group'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.

China Railway Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.81

0.73

0.96

1.07

1.06

China Railway Group 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															1.07	1.30	1.56	1.33	1.06

Competitive Comparison

For the Engineering & Construction subindustry, China Railway Group'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.

China Railway Group Price-to-Tangible-Book Distribution

For the Construction industry and Industrials sector, China Railway Group's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where China Railway Group's Price-to-Tangible-Book falls into.

China Railway Group Price-to-Tangible-Book Calculation

China Railway Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	6.91	/	5.342
	=	1.29

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.

China Railway Group Price-to-Tangible-Book Related Terms

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

China Railway Group (SHSE:601390) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » China Railway Group Ltd (SHSE:601390) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

CRWOF:USA 00390:Hong Kong CNO:Germany

Address

49 Hoi Yuen Road, Unit 1201-1203, 12th Floor, APEC Plaza, Kowloon, Hong Kong, HKG

Website

http://www.crec.cn

China Railway Group Ltd is a construction conglomerate company. The company's operating segment includes Infrastructure construction; Survey, design and consulting services; Engineering equipment and component manufacturing; Property development, and Other businesses. It generates maximum revenue from the Infrastructure construction segment. The Infrastructure construction segment includes the construction of railways, highways, bridges, tunnels, metropolitan railways (including subways and light railways), buildings, irrigation works, hydroelectricity projects, ports, docks, airports, and other municipal works.

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