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Jiangsu Yanghe Brewery JSC (SZSE:002304) Price-to-Tangible-Book

: 2.87 (As of Today)
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As of today (2024-04-19), Jiangsu Yanghe Brewery JSC's share price is ¥95.45. Jiangsu Yanghe Brewery JSC's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was ¥33.26. Hence, Jiangsu Yanghe Brewery JSC's Price to Tangible Book Ratio of today is 2.87.

The historical rank and industry rank for Jiangsu Yanghe Brewery JSC's Price-to-Tangible-Book or its related term are showing as below:

SZSE:002304' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.81   Med: 4.91   Max: 9.74
Current: 2.87

During the past 13 years, Jiangsu Yanghe Brewery JSC's highest Price to Tangible Book Ratio was 9.74. The lowest was 2.81. And the median was 4.91.

SZSE:002304's Price-to-Tangible-Book is ranked worse than
62.92% of 178 companies
in the Beverages - Alcoholic industry
Industry Median: 2.125 vs SZSE:002304: 2.87

A closely related ratio is called PB Ratio. As of today, Jiangsu Yanghe Brewery JSC's share price is ¥95.45. Jiangsu Yanghe Brewery JSC's Book Value per Sharefor the quarter that ended in Sep. 2023 was ¥34.60. Hence, Jiangsu Yanghe Brewery JSC's P/B Ratio of today is 2.76.


Jiangsu Yanghe Brewery JSC Price-to-Tangible-Book Historical Data

The historical data trend for Jiangsu Yanghe Brewery JSC'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.

Jiangsu Yanghe Brewery JSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Price-to-Tangible-Book
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.48 4.83 9.74 6.12 5.32

Jiangsu Yanghe Brewery JSC 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 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 Premium Member Only Premium Member Only Premium Member Only 5.28 5.32 4.86 4.14 3.89

Competitive Comparison

For the Beverages - Wineries & Distilleries subindustry, Jiangsu Yanghe Brewery JSC'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.


Jiangsu Yanghe Brewery JSC Price-to-Tangible-Book Distribution

For the Beverages - Alcoholic industry and Consumer Defensive sector, Jiangsu Yanghe Brewery JSC's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Jiangsu Yanghe Brewery JSC's Price-to-Tangible-Book falls into.



Jiangsu Yanghe Brewery JSC Price-to-Tangible-Book Calculation

Jiangsu Yanghe Brewery JSC's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2023 )
=95.45/33.255
=2.87

* 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.


Jiangsu Yanghe Brewery JSC Price-to-Tangible-Book Related Terms

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Jiangsu Yanghe Brewery JSC (SZSE:002304) Business Description

Traded in Other Exchanges
N/A
Address
No. 118 Middle Avenue, Yanghe Town, Jiangsu Province, Suqian, CHN, 223800
Jiangsu Yanghe Brewery, founded in 2002, manufactures and markets baijiu (a distilled Chinese liquor) under the Yanghe, Shuanggou, and Sujiu brands. Yanghe's key products include the Blue Classic series, which accounted for about 80% of total sales, such as premium Dream Blue, mid- to high-end Sky Blue, and mass-market Ocean Blue. The company achieved revenue of CNY 30 billion in 2022, with half of sales from the non-Jiangsu market, leveraging its more than 8,000 distributors across China.

Jiangsu Yanghe Brewery JSC (SZSE:002304) Headlines

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