GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Zhejiang Zhongxin Fluoride Materials Co Ltd (SZSE:002915) » Definitions » Price-to-Tangible-Book

Zhejiang Zhongxin Fluoride Materials Co (SZSE:002915) Price-to-Tangible-Book

: 3.24 (As of Today)
View and export this data going back to 2017. Start your Free Trial

As of today (2024-04-18), Zhejiang Zhongxin Fluoride Materials Co's share price is ¥10.84. Zhejiang Zhongxin Fluoride Materials Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ¥3.34. Hence, Zhejiang Zhongxin Fluoride Materials Co's Price to Tangible Book Ratio of today is 3.24.

The historical rank and industry rank for Zhejiang Zhongxin Fluoride Materials Co's Price-to-Tangible-Book or its related term are showing as below:

SZSE:002915' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.25   Med: 5.38   Max: 9.07
Current: 3.25

During the past 13 years, Zhejiang Zhongxin Fluoride Materials Co's highest Price to Tangible Book Ratio was 9.07. The lowest was 3.25. And the median was 5.38.

SZSE:002915's Price-to-Tangible-Book is ranked worse than
74.3% of 1490 companies
in the Chemicals industry
Industry Median: 1.74 vs SZSE:002915: 3.25

A closely related ratio is called PB Ratio. As of today, Zhejiang Zhongxin Fluoride Materials Co's share price is ¥10.84. Zhejiang Zhongxin Fluoride Materials Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was ¥4.53. Hence, Zhejiang Zhongxin Fluoride Materials Co's P/B Ratio of today is 2.40.


Zhejiang Zhongxin Fluoride Materials Co Price-to-Tangible-Book Historical Data

The historical data trend for Zhejiang Zhongxin Fluoride Materials 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.

Zhejiang Zhongxin Fluoride Materials Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.37 4.80 5.34 5.48 5.47

Zhejiang Zhongxin Fluoride Materials 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 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 5.48 5.63 4.70 3.75 5.47

Competitive Comparison

For the Specialty Chemicals subindustry, Zhejiang Zhongxin Fluoride Materials 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.


Zhejiang Zhongxin Fluoride Materials Co Price-to-Tangible-Book Distribution

For the Chemicals industry and Basic Materials sector, Zhejiang Zhongxin Fluoride Materials Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Zhejiang Zhongxin Fluoride Materials Co's Price-to-Tangible-Book falls into.



Zhejiang Zhongxin Fluoride Materials Co Price-to-Tangible-Book Calculation

Zhejiang Zhongxin Fluoride Materials 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 )
=10.84/3.341
=3.24

* 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.


Zhejiang Zhongxin Fluoride Materials Co Price-to-Tangible-Book Related Terms

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


Zhejiang Zhongxin Fluoride Materials Co (SZSE:002915) Business Description

Traded in Other Exchanges
N/A
Address
No. 5, No. 13, Shangyu Economic and Technological Development Zone, Hangzhou Bay, Shangyu District, Zhejiang, Shangyu, CHN
Zhejiang Zhongxin Fluoride Materials Co Ltd is engaged in manufacturing and selling of fluorine fine chemicals. Its products offering include Fluorine-containing cyanobenzene series, benzoic acid series, phenylcarbinol series and Heterocyclic ring series.

Zhejiang Zhongxin Fluoride Materials Co (SZSE:002915) Headlines

No Headlines