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Hefei GaoCo Technology Co (BJSE:430718) Price-to-Tangible-Book : 1.94 (As of Jun. 23, 2024)


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What is Hefei GaoCo Technology Co Price-to-Tangible-Book?

As of today (2024-06-23), Hefei GaoCo Technology Co's share price is ¥10.55. Hefei GaoCo Technology Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥5.43. Hence, Hefei GaoCo Technology Co's Price to Tangible Book Ratio of today is 1.94.

The historical rank and industry rank for Hefei GaoCo Technology Co's Price-to-Tangible-Book or its related term are showing as below:

BJSE:430718' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.53   Med: 0.7   Max: 2.48
Current: 1.94

During the past 13 years, Hefei GaoCo Technology Co's highest Price to Tangible Book Ratio was 2.48. The lowest was 0.53. And the median was 0.70.

BJSE:430718's Price-to-Tangible-Book is ranked better than
52.64% of 2823 companies
in the Industrial Products industry
Industry Median: 2.04 vs BJSE:430718: 1.94

A closely related ratio is called PB Ratio. As of today, Hefei GaoCo Technology Co's share price is ¥10.55. Hefei GaoCo Technology Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥5.77. Hence, Hefei GaoCo Technology Co's P/B Ratio of today is 1.83.


Hefei GaoCo Technology Co Price-to-Tangible-Book Historical Data

The historical data trend for Hefei GaoCo Technology 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.

Hefei GaoCo Technology Co Price-to-Tangible-Book Chart

Hefei GaoCo Technology 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 0.64 0.63 0.56 1.09 2.48

Hefei GaoCo Technology Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Jun20 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 1.07 1.10 1.10 2.48 1.92

Competitive Comparison of Hefei GaoCo Technology Co's Price-to-Tangible-Book

For the Metal Fabrication subindustry, Hefei GaoCo Technology 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.


Hefei GaoCo Technology Co's Price-to-Tangible-Book Distribution in the Industrial Products Industry

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

* The bar in red indicates where Hefei GaoCo Technology Co's Price-to-Tangible-Book falls into.



Hefei GaoCo Technology Co Price-to-Tangible-Book Calculation

Hefei GaoCo Technology 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 )
=10.55/5.433
=1.94

* 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.


Hefei GaoCo Technology Co Price-to-Tangible-Book Related Terms

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


Hefei GaoCo Technology Co (BJSE:430718) Business Description

Traded in Other Exchanges
N/A
Address
No. 215, Mingchuan Road, Baiyan Science and Technology Park, High-tech Zone, Anhui Province, Hefei City, CHN, 230088
Hefei GaoCo Technology Co Ltd is engaged in research and development, production, and sales of special accessories and molds for household appliances. It offers rail bracket, Press support plate, Signal Shield, Biaxial Electrophoresis Lower Hinge, panel, TV backplane, TV backplane, TV base structure, wall mount, water tray, DCDC sheet metal enclosure, Bottom plate, refrigerated door shell, freezer door shell, Finishing parts, washing machine support plate, display panel components, Washing machine control panel assembly, Hot bending acrylic display panel.

Hefei GaoCo Technology Co (BJSE:430718) Headlines

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