GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hunan Valin Wire & Cable Co Ltd (SZSE:001208) » Definitions » Price-to-Tangible-Book

Hunan Valin Wire & Cable Co (SZSE:001208) Price-to-Tangible-Book : 2.80 (As of Apr. 26, 2024)


View and export this data going back to 2021. Start your Free Trial

What is Hunan Valin Wire & Cable Co Price-to-Tangible-Book?

As of today (2024-04-26), Hunan Valin Wire & Cable Co's share price is ¥7.76. Hunan Valin Wire & Cable Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ¥2.78. Hence, Hunan Valin Wire & Cable Co's Price to Tangible Book Ratio of today is 2.80.

The historical rank and industry rank for Hunan Valin Wire & Cable Co's Price-to-Tangible-Book or its related term are showing as below:

SZSE:001208' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.63   Med: 3.65   Max: 5.94
Current: 2.79

During the past 7 years, Hunan Valin Wire & Cable Co's highest Price to Tangible Book Ratio was 5.94. The lowest was 2.63. And the median was 3.65.

SZSE:001208's Price-to-Tangible-Book is ranked worse than
63.35% of 2821 companies
in the Industrial Products industry
Industry Median: 2.1 vs SZSE:001208: 2.79

A closely related ratio is called PB Ratio. As of today, Hunan Valin Wire & Cable Co's share price is ¥7.76. Hunan Valin Wire & Cable Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was ¥2.88. Hence, Hunan Valin Wire & Cable Co's P/B Ratio of today is 2.69.


Hunan Valin Wire & Cable Co Price-to-Tangible-Book Historical Data

The historical data trend for Hunan Valin Wire & Cable 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.

Hunan Valin Wire & Cable Co Price-to-Tangible-Book Chart

Hunan Valin Wire & Cable Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial - - 5.94 3.65 3.35

Hunan Valin Wire & Cable Co Quarterly Data
Dec17 Dec18 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 3.65 3.75 3.51 3.32 3.35

Competitive Comparison of Hunan Valin Wire & Cable Co's Price-to-Tangible-Book

For the Electrical Equipment & Parts subindustry, Hunan Valin Wire & Cable 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.


Hunan Valin Wire & Cable Co's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hunan Valin Wire & Cable Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Hunan Valin Wire & Cable Co's Price-to-Tangible-Book falls into.



Hunan Valin Wire & Cable Co Price-to-Tangible-Book Calculation

Hunan Valin Wire & Cable 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 )
=7.76/2.776
=2.80

* 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.


Hunan Valin Wire & Cable Co Price-to-Tangible-Book Related Terms

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


Hunan Valin Wire & Cable Co (SZSE:001208) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Jianshe South Road, High-tech Zone, Xiangtan, CHN, 411104
Hunan Valin Cable Co Ltd is a special special cable manufacturers, and its products are widely used in aerospace, weaponry, rail transit and high-speed locomotives, mining, new energy, engineering equipment, data communications and other fields.

Hunan Valin Wire & Cable Co (SZSE:001208) Headlines

No Headlines