GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tianjin Jinbin Development Co Ltd (SZSE:000897) » Definitions » Price-to-Tangible-Book

Tianjin Jinbin Development Co (SZSE:000897) Price-to-Tangible-Book : 1.38 (As of Apr. 28, 2024)


View and export this data going back to 1999. Start your Free Trial

What is Tianjin Jinbin Development Co Price-to-Tangible-Book?

As of today (2024-04-28), Tianjin Jinbin Development Co's share price is ¥2.30. Tianjin Jinbin Development Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ¥1.67. Hence, Tianjin Jinbin Development Co's Price to Tangible Book Ratio of today is 1.38.

The historical rank and industry rank for Tianjin Jinbin Development Co's Price-to-Tangible-Book or its related term are showing as below:

SZSE:000897' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.25   Med: 3.22   Max: 8.54
Current: 1.38

During the past 13 years, Tianjin Jinbin Development Co's highest Price to Tangible Book Ratio was 8.54. The lowest was 1.25. And the median was 3.22.

SZSE:000897's Price-to-Tangible-Book is ranked worse than
69.03% of 1721 companies
in the Real Estate industry
Industry Median: 0.81 vs SZSE:000897: 1.38

A closely related ratio is called PB Ratio. As of today, Tianjin Jinbin Development Co's share price is ¥2.30. Tianjin Jinbin Development Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was ¥1.67. Hence, Tianjin Jinbin Development Co's P/B Ratio of today is 1.38.


Tianjin Jinbin Development Co Price-to-Tangible-Book Historical Data

The historical data trend for Tianjin Jinbin Development 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.

Tianjin Jinbin Development Co Price-to-Tangible-Book Chart

Tianjin Jinbin Development 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 2.78 2.83 2.31 1.75 1.29

Tianjin Jinbin Development Co 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 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 1.75 1.69 1.16 1.48 1.29

Competitive Comparison of Tianjin Jinbin Development Co's Price-to-Tangible-Book

For the Real Estate - Development subindustry, Tianjin Jinbin Development 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.


Tianjin Jinbin Development Co's Price-to-Tangible-Book Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Tianjin Jinbin Development Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Tianjin Jinbin Development Co's Price-to-Tangible-Book falls into.



Tianjin Jinbin Development Co Price-to-Tangible-Book Calculation

Tianjin Jinbin Development Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=2.30/1.668
=1.38

* 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.


Tianjin Jinbin Development Co Price-to-Tangible-Book Related Terms

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


Tianjin Jinbin Development Co (SZSE:000897) Business Description

Traded in Other Exchanges
N/A
Address
No. 2 Mingyuan Road, No. 5, Villa B2, Development Zone, Tianjin, CHN, 300457
Tianjin Jinbin Development Co Ltd is primarily engaged in the property development and distribution, and house leasing businesses in China.

Tianjin Jinbin Development Co (SZSE:000897) Headlines

No Headlines