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Yantai Changyu Pioneer Wine Co (SZSE:200869) Price-to-Tangible-Book : 0.56 (As of Apr. 30, 2024)


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What is Yantai Changyu Pioneer Wine Co Price-to-Tangible-Book?

As of today (2024-04-30), Yantai Changyu Pioneer Wine Co's share price is HK$9.05. Yantai Changyu Pioneer Wine Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was HK$16.25. Hence, Yantai Changyu Pioneer Wine Co's Price to Tangible Book Ratio of today is 0.56.

The historical rank and industry rank for Yantai Changyu Pioneer Wine Co's Price-to-Tangible-Book or its related term are showing as below:

SZSE:200869' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.52   Med: 2.52   Max: 4.7
Current: 1.58

During the past 13 years, Yantai Changyu Pioneer Wine Co's highest Price to Tangible Book Ratio was 4.70. The lowest was 1.52. And the median was 2.52.

SZSE:200869's Price-to-Tangible-Book is ranked better than
59.89% of 177 companies
in the Beverages - Alcoholic industry
Industry Median: 2.27 vs SZSE:200869: 1.58

A closely related ratio is called PB Ratio. As of today, Yantai Changyu Pioneer Wine Co's share price is HK$9.05. Yantai Changyu Pioneer Wine Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was HK$17.26. Hence, Yantai Changyu Pioneer Wine Co's P/B Ratio of today is 0.52.


Yantai Changyu Pioneer Wine Co Price-to-Tangible-Book Historical Data

The historical data trend for Yantai Changyu Pioneer Wine 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.

Yantai Changyu Pioneer Wine Co Price-to-Tangible-Book Chart

Yantai Changyu Pioneer Wine Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.99 0.97 0.80 0.72 0.54

Yantai Changyu Pioneer Wine Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.69 0.69 0.63 0.54 0.57

Competitive Comparison of Yantai Changyu Pioneer Wine Co's Price-to-Tangible-Book

For the Beverages - Wineries & Distilleries subindustry, Yantai Changyu Pioneer Wine 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.


Yantai Changyu Pioneer Wine Co's Price-to-Tangible-Book Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Yantai Changyu Pioneer Wine Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Yantai Changyu Pioneer Wine Co's Price-to-Tangible-Book falls into.



Yantai Changyu Pioneer Wine Co Price-to-Tangible-Book Calculation

Yantai Changyu Pioneer Wine Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=9.05/16.25
=0.56

* 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.


Yantai Changyu Pioneer Wine Co Price-to-Tangible-Book Related Terms

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Yantai Changyu Pioneer Wine Co (SZSE:200869) Business Description

Traded in Other Exchanges
Address
56 Dama Road, Shandong, Yantai, CHN, 264000
Yantai Changyu Pioneer Wine Co Ltd produces and sells wine, brandy, and champagne. The company's brands include Changyu, Jiebaina, AFIP, Koyac, and Tinlot Reserva. Wine sales account for more than three-quarters of the company's total revenue. Yantai possesses vineyards in several Chinese provinces suitable for wine grape growing, such as Shandong, Ningxia, Xinjiang, Liaoning, Hebei, and Shanxi. Nearly all of the company's sales are in China, with the small amount of remaining revenue coming from France and Spain.

Yantai Changyu Pioneer Wine Co (SZSE:200869) Headlines

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