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Tianjin Kaihua Insulation Material Co (BJSE:831526) Price-to-Tangible-Book : 8.63 (As of Jun. 19, 2024)


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What is Tianjin Kaihua Insulation Material Co Price-to-Tangible-Book?

As of today (2024-06-19), Tianjin Kaihua Insulation Material Co's share price is ¥20.70. Tianjin Kaihua Insulation Material Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥2.40. Hence, Tianjin Kaihua Insulation Material Co's Price to Tangible Book Ratio of today is 8.63.

The historical rank and industry rank for Tianjin Kaihua Insulation Material Co's Price-to-Tangible-Book or its related term are showing as below:

BJSE:831526' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.09   Med: 1.53   Max: 11.72
Current: 8.63

During the past 12 years, Tianjin Kaihua Insulation Material Co's highest Price to Tangible Book Ratio was 11.72. The lowest was 1.09. And the median was 1.53.

BJSE:831526's Price-to-Tangible-Book is ranked worse than
93% of 1486 companies
in the Chemicals industry
Industry Median: 1.765 vs BJSE:831526: 8.63

A closely related ratio is called PB Ratio. As of today, Tianjin Kaihua Insulation Material Co's share price is ¥20.70. Tianjin Kaihua Insulation Material Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥2.57. Hence, Tianjin Kaihua Insulation Material Co's P/B Ratio of today is 8.05.


Tianjin Kaihua Insulation Material Co Price-to-Tangible-Book Historical Data

The historical data trend for Tianjin Kaihua Insulation Material 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.

Tianjin Kaihua Insulation Material Co Price-to-Tangible-Book Chart

Tianjin Kaihua Insulation Material 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 1.37 1.17 1.21 1.94 11.72

Tianjin Kaihua Insulation Material Co Quarterly Data
Dec17 Jun18 Dec18 Jun19 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 2.27 1.99 1.96 11.72 7.96

Competitive Comparison of Tianjin Kaihua Insulation Material Co's Price-to-Tangible-Book

For the Specialty Chemicals subindustry, Tianjin Kaihua Insulation Material 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.


Tianjin Kaihua Insulation Material Co's Price-to-Tangible-Book Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tianjin Kaihua Insulation Material Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Tianjin Kaihua Insulation Material Co's Price-to-Tangible-Book falls into.



Tianjin Kaihua Insulation Material Co Price-to-Tangible-Book Calculation

Tianjin Kaihua Insulation Material 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 )
=20.70/2.4
=8.63

* 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.


Tianjin Kaihua Insulation Material Co Price-to-Tangible-Book Related Terms

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


Tianjin Kaihua Insulation Material Co (BJSE:831526) Business Description

Traded in Other Exchanges
N/A
Address
No. 27 Yijing Road, Dongli Development Zone, Tianjin, CHN, 300300
Tianjin Kaihua Insulation Material Co Ltd engages in producing electronic packaging materials in China. It mainly engages in the development, research, production, and sales of epoxy powder packaging materials and plastic packaging materials for electronic packaging materials.

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