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Guangdong Kitech New Material Holding Co (SZSE:300995) Price-to-Tangible-Book

: 2.27 (As of Today)
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As of today (2024-04-19), Guangdong Kitech New Material Holding Co's share price is ¥16.56. Guangdong Kitech New Material Holding Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ¥7.30. Hence, Guangdong Kitech New Material Holding Co's Price to Tangible Book Ratio of today is 2.27.

The historical rank and industry rank for Guangdong Kitech New Material Holding Co's Price-to-Tangible-Book or its related term are showing as below:

SZSE:300995' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.86   Med: 2.91   Max: 3.76
Current: 2.27

During the past 7 years, Guangdong Kitech New Material Holding Co's highest Price to Tangible Book Ratio was 3.76. The lowest was 1.86. And the median was 2.91.

SZSE:300995's Price-to-Tangible-Book is ranked worse than
58.26% of 1490 companies
in the Chemicals industry
Industry Median: 1.74 vs SZSE:300995: 2.27

A closely related ratio is called PB Ratio. As of today, Guangdong Kitech New Material Holding Co's share price is ¥16.56. Guangdong Kitech New Material Holding Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was ¥7.53. Hence, Guangdong Kitech New Material Holding Co's P/B Ratio of today is 2.20.


Guangdong Kitech New Material Holding Co Price-to-Tangible-Book Historical Data

The historical data trend for Guangdong Kitech New Material Holding 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.

Guangdong Kitech New Material Holding Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Premium Member Only Premium Member Only - - 3.76 2.37 2.91

Guangdong Kitech New Material Holding Co Quarterly Data
Dec17 Dec18 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 2.37 2.91 2.82 3.07 2.91

Competitive Comparison

For the Chemicals subindustry, Guangdong Kitech New Material Holding 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.


Guangdong Kitech New Material Holding Co Price-to-Tangible-Book Distribution

For the Chemicals industry and Basic Materials sector, Guangdong Kitech New Material Holding Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Guangdong Kitech New Material Holding Co's Price-to-Tangible-Book falls into.



Guangdong Kitech New Material Holding Co Price-to-Tangible-Book Calculation

Guangdong Kitech New Material Holding 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 )
=16.56/7.301
=2.27

* 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.


Guangdong Kitech New Material Holding Co Price-to-Tangible-Book Related Terms

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Guangdong Kitech New Material Holding Co (SZSE:300995) Business Description

Traded in Other Exchanges
N/A
Address
135 Dongsheng Road, Jianghai District, Guangdong Province, Jiangmen, CHN, 529000
Guangdong Kitech New Material Holding Co Ltd research and development, design, production and sales of modified nylon and modified polypropylene based high-performance polymer composite materials and their products, precision injection molds, and related services.

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