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Qingdao Hanhe Cable Co (SZSE:002498) Price-to-Tangible-Book : 1.46 (As of Jul. 13, 2025)


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What is Qingdao Hanhe Cable Co Price-to-Tangible-Book?

As of today (2025-07-13), Qingdao Hanhe Cable Co's share price is ¥3.49. Qingdao Hanhe Cable Co's Tangible Book per Share of Mar. 2025 for the quarter that ended in Mar. 2025 was ¥2.38. Hence, Qingdao Hanhe Cable Co's Price to Tangible Book Ratio of today is 1.46.

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

SZSE:002498' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.43   Med: 2.31   Max: 6.33
Current: 1.47

During the past 13 years, Qingdao Hanhe Cable Co's highest Price to Tangible Book Ratio was 6.33. The lowest was 1.43. And the median was 2.31.

SZSE:002498's Price-to-Tangible-Book is ranked better than
68.54% of 2835 companies
in the Industrial Products industry
Industry Median: 2.42 vs SZSE:002498: 1.47

A closely related ratio is called PB Ratio. As of today, Qingdao Hanhe Cable Co's share price is ¥3.49. Qingdao Hanhe Cable Co's Book Value per Sharefor the quarter that ended in Mar. 2025 was ¥2.51. Hence, Qingdao Hanhe Cable Co's P/B Ratio of today is 1.39.


Qingdao Hanhe Cable Co Price-to-Tangible-Book Historical Data

The historical data trend for Qingdao Hanhe 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.

Qingdao Hanhe Cable Co Price-to-Tangible-Book Chart

Qingdao Hanhe Cable 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 2.63 2.94 2.13 1.86 1.47

Qingdao Hanhe Cable 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 1.66 1.47 1.50 1.47 1.51

Competitive Comparison of Qingdao Hanhe Cable Co's Price-to-Tangible-Book

For the Electrical Equipment & Parts subindustry, Qingdao Hanhe 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.


Qingdao Hanhe Cable Co's Price-to-Tangible-Book Distribution in the Industrial Products Industry

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

* The bar in red indicates where Qingdao Hanhe Cable Co's Price-to-Tangible-Book falls into.


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Qingdao Hanhe Cable Co Price-to-Tangible-Book Calculation

Qingdao Hanhe Cable 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 )
=3.49/2.384
=1.46

* 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.


Qingdao Hanhe Cable Co Price-to-Tangible-Book Related Terms

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


Qingdao Hanhe Cable Co Business Description

Traded in Other Exchanges
N/A
Address
No.6 Lishan(E) Industrial Park, Qingdao, Shandong, CHN, 266102
Qingdao Hanhe Cable Co Ltd is engaged in the research, development, and manufacture of wires and cables in China. The company offers power cables, cable accessories, submarine cables, optical power composite cables, electrical equipment wires and cables, overhead conductors, communication cables, radio-frequency cables, bus bar and prefabricated branch cables, nuclear plant cables, fire-resistant cables, and DC series cables.
Executives
Zhang Lun Ye Supervisors
Chen Pei Yun Director
Zhu Hong Director
Qu Shu Executives
Ren De Peng Executives
Zhang Chuang Ye Executives
Zhang Xue Xin Director

Qingdao Hanhe Cable Co Headlines

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