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Neway Valve (Suzhou) Co (SHSE:603699) Price-to-Tangible-Book : 5.19 (As of Jul. 19, 2025)


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What is Neway Valve (Suzhou) Co Price-to-Tangible-Book?

As of today (2025-07-19), Neway Valve (Suzhou) Co's share price is ¥29.97. Neway Valve (Suzhou) Co's Tangible Book per Share of Mar. 2025 for the quarter that ended in Mar. 2025 was ¥5.78. Hence, Neway Valve (Suzhou) Co's Price to Tangible Book Ratio of today is 5.19.

The historical rank and industry rank for Neway Valve (Suzhou) Co's Price-to-Tangible-Book or its related term are showing as below:

SHSE:603699' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.87   Med: 3.87   Max: 8.53
Current: 5.19

During the past 13 years, Neway Valve (Suzhou) Co's highest Price to Tangible Book Ratio was 8.53. The lowest was 1.87. And the median was 3.87.

SHSE:603699's Price-to-Tangible-Book is ranked worse than
79.89% of 2839 companies
in the Industrial Products industry
Industry Median: 2.45 vs SHSE:603699: 5.19

A closely related ratio is called PB Ratio. As of today, Neway Valve (Suzhou) Co's share price is ¥29.97. Neway Valve (Suzhou) Co's Book Value per Sharefor the quarter that ended in Mar. 2025 was ¥5.99. Hence, Neway Valve (Suzhou) Co's P/B Ratio of today is 5.01.


Neway Valve (Suzhou) Co Price-to-Tangible-Book Historical Data

The historical data trend for Neway Valve (Suzhou) 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.

Neway Valve (Suzhou) Co Price-to-Tangible-Book Chart

Neway Valve (Suzhou) 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 3.48 2.96 2.68 2.94 4.09

Neway Valve (Suzhou) 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 3.37 3.50 4.32 4.09 4.82

Competitive Comparison of Neway Valve (Suzhou) Co's Price-to-Tangible-Book

For the Specialty Industrial Machinery subindustry, Neway Valve (Suzhou) 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.


Neway Valve (Suzhou) Co's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Neway Valve (Suzhou) Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Neway Valve (Suzhou) Co's Price-to-Tangible-Book falls into.


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Neway Valve (Suzhou) Co Price-to-Tangible-Book Calculation

Neway Valve (Suzhou) 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 )
=29.97/5.776
=5.19

* 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.


Neway Valve (Suzhou) Co Price-to-Tangible-Book Related Terms

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


Neway Valve (Suzhou) Co Business Description

Traded in Other Exchanges
N/A
Address
No.666 Taishan Road, New District, Suzhou, Jiangsu, CHN
Neway Valve (Suzhou) Co Ltd is a manufacturer and exporter of industrial valves. Its main products include Gate valve, globe valve, check valve, Cast steel valves, API602 forged steel valves, API603 stainless steel valves, Cryogenic Valves, Bellows Valves, Floating ball - Steel. Geographically it operates through China, however its business presence is also seen internationally.
Executives
Chen Bin Supervisors
Cheng Xue Lai senior management
Li Na senior management
Ling Lei Jing senior management
Feng Yin Long Directors, senior managers
Lu Jian Hong senior management
Lu Liang Feng Directors, senior managers
Wei Han Sen senior management
Cheng Zhang Wen Director
Deng Guo Chuan Director
Yao Jiong senior management
Xi Chao Director
Lu Bin Director
Wang Bao Qing Director
Gao Kai Ke senior management

Neway Valve (Suzhou) Co Headlines

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