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Zhejiang AoKang Shoes Co (SHSE:603001) Price-to-Tangible-Book : 0.65 (As of Apr. 30, 2024)


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What is Zhejiang AoKang Shoes Co Price-to-Tangible-Book?

As of today (2024-04-30), Zhejiang AoKang Shoes Co's share price is ¥4.45. Zhejiang AoKang Shoes Co's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was ¥6.87. Hence, Zhejiang AoKang Shoes Co's Price to Tangible Book Ratio of today is 0.65.

The historical rank and industry rank for Zhejiang AoKang Shoes Co's Price-to-Tangible-Book or its related term are showing as below:

SHSE:603001' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.59   Med: 1.24   Max: 3.49
Current: 0.65

During the past 13 years, Zhejiang AoKang Shoes Co's highest Price to Tangible Book Ratio was 3.49. The lowest was 0.59. And the median was 1.24.

SHSE:603001's Price-to-Tangible-Book is ranked better than
80.3% of 990 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.32 vs SHSE:603001: 0.65

A closely related ratio is called PB Ratio. As of today, Zhejiang AoKang Shoes Co's share price is ¥4.45. Zhejiang AoKang Shoes Co's Book Value per Sharefor the quarter that ended in Sep. 2023 was ¥7.29. Hence, Zhejiang AoKang Shoes Co's P/B Ratio of today is 0.61.


Zhejiang AoKang Shoes Co Price-to-Tangible-Book Historical Data

The historical data trend for Zhejiang AoKang Shoes 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.

Zhejiang AoKang Shoes Co Price-to-Tangible-Book Chart

Zhejiang AoKang Shoes Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.08 1.01 0.85 1.15 0.93

Zhejiang AoKang Shoes Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.86 0.93 0.97 0.84 0.85

Competitive Comparison of Zhejiang AoKang Shoes Co's Price-to-Tangible-Book

For the Footwear & Accessories subindustry, Zhejiang AoKang Shoes 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.


Zhejiang AoKang Shoes Co's Price-to-Tangible-Book Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Zhejiang AoKang Shoes Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Zhejiang AoKang Shoes Co's Price-to-Tangible-Book falls into.



Zhejiang AoKang Shoes Co Price-to-Tangible-Book Calculation

Zhejiang AoKang Shoes Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2023 )
=4.45/6.872
=0.65

* 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.


Zhejiang AoKang Shoes Co Price-to-Tangible-Book Related Terms

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


Zhejiang AoKang Shoes Co (SHSE:603001) Business Description

Traded in Other Exchanges
N/A
Address
Aokang Industrial Park, Oubei Town, Yongjia County, Wenzhou, Zhejiang, CHN, 325105
Zhejiang AoKang Shoes Co Ltd manufactures and sells leather shoes and leather products. Its main products include business shoes, casual shoes and other shoes, luggages, wallets, and other leather products.

Zhejiang AoKang Shoes Co (SHSE:603001) Headlines

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