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Dajin Heavy Industry Co (SZSE:002487) Price-to-Tangible-Book : 1.85 (As of Apr. 26, 2024)


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What is Dajin Heavy Industry Co Price-to-Tangible-Book?

As of today (2024-04-26), Dajin Heavy Industry Co's share price is ¥19.25. Dajin Heavy Industry Co's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was ¥10.39. Hence, Dajin Heavy Industry Co's Price to Tangible Book Ratio of today is 1.85.

The historical rank and industry rank for Dajin Heavy Industry Co's Price-to-Tangible-Book or its related term are showing as below:

SZSE:002487' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.08   Med: 2.26   Max: 7.78
Current: 1.85

During the past 13 years, Dajin Heavy Industry Co's highest Price to Tangible Book Ratio was 7.78. The lowest was 1.08. And the median was 2.26.

SZSE:002487's Price-to-Tangible-Book is ranked better than
56.72% of 2821 companies
in the Industrial Products industry
Industry Median: 2.1 vs SZSE:002487: 1.85

A closely related ratio is called PB Ratio. As of today, Dajin Heavy Industry Co's share price is ¥19.25. Dajin Heavy Industry Co's Book Value per Sharefor the quarter that ended in Sep. 2023 was ¥10.82. Hence, Dajin Heavy Industry Co's P/B Ratio of today is 1.78.


Dajin Heavy Industry Co Price-to-Tangible-Book Historical Data

The historical data trend for Dajin Heavy Industry 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.

Dajin Heavy Industry Co Price-to-Tangible-Book Chart

Dajin Heavy Industry 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 1.59 2.21 7.66 4.20

Dajin Heavy Industry 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 7.18 4.20 3.56 3.03 2.50

Competitive Comparison of Dajin Heavy Industry Co's Price-to-Tangible-Book

For the Metal Fabrication subindustry, Dajin Heavy Industry 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.


Dajin Heavy Industry Co's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Dajin Heavy Industry Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Dajin Heavy Industry Co's Price-to-Tangible-Book falls into.



Dajin Heavy Industry Co Price-to-Tangible-Book Calculation

Dajin Heavy Industry 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 )
=19.25/10.39
=1.85

* 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.


Dajin Heavy Industry Co Price-to-Tangible-Book Related Terms

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


Dajin Heavy Industry Co (SZSE:002487) Business Description

Traded in Other Exchanges
N/A
Address
No.155 Xinqiu Street, Xinqiu District, Liaoning Province, Fuxin, CHN, 123005
Dajin Heavy Industry Co Ltd is a wind power equipment manufacturer. The company's main products include wind power towers and offshore wind power monotube piles and related parts.

Dajin Heavy Industry Co (SZSE:002487) Headlines

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