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Hangzhou Refromer Holding Co (BJSE:833030) Price-to-Tangible-Book : 1.99 (As of Jun. 23, 2024)


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What is Hangzhou Refromer Holding Co Price-to-Tangible-Book?

As of today (2024-06-23), Hangzhou Refromer Holding Co's share price is ¥13.35. Hangzhou Refromer Holding Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥6.71. Hence, Hangzhou Refromer Holding Co's Price to Tangible Book Ratio of today is 1.99.

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

BJSE:833030' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.49   Med: 1.87   Max: 2.24
Current: 1.99

During the past 11 years, Hangzhou Refromer Holding Co's highest Price to Tangible Book Ratio was 2.24. The lowest was 1.49. And the median was 1.87.

BJSE:833030's Price-to-Tangible-Book is ranked better than
51.12% of 2823 companies
in the Industrial Products industry
Industry Median: 2.04 vs BJSE:833030: 1.99

A closely related ratio is called PB Ratio. As of today, Hangzhou Refromer Holding Co's share price is ¥13.35. Hangzhou Refromer Holding Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥6.83. Hence, Hangzhou Refromer Holding Co's P/B Ratio of today is 1.95.


Hangzhou Refromer Holding Co Price-to-Tangible-Book Historical Data

The historical data trend for Hangzhou Refromer 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.

Hangzhou Refromer Holding Co Price-to-Tangible-Book Chart

Hangzhou Refromer Holding 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 - - - - 2.24

Hangzhou Refromer Holding Co Quarterly Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Sep20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23 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 - - - 2.24 1.49

Competitive Comparison of Hangzhou Refromer Holding Co's Price-to-Tangible-Book

For the Specialty Industrial Machinery subindustry, Hangzhou Refromer 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.


Hangzhou Refromer Holding Co's Price-to-Tangible-Book Distribution in the Industrial Products Industry

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

* The bar in red indicates where Hangzhou Refromer Holding Co's Price-to-Tangible-Book falls into.



Hangzhou Refromer Holding Co Price-to-Tangible-Book Calculation

Hangzhou Refromer Holding 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 )
=13.35/6.713
=1.99

* 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.


Hangzhou Refromer Holding Co Price-to-Tangible-Book Related Terms

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


Hangzhou Refromer Holding Co (BJSE:833030) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 780 Wen'er West Road, Building C, Xixi Ginza, Xihu, Zhejiang, Hangzhou, CHN, 310012
Hangzhou Refromer Holding Co Ltd is the country's leading smart IoT solution provider and operation service provider with identification technology as its core. Based on IoT technology, It provides equipment systems and operation services for smart parking, access control channels and safety emergency, as well as a complete set of solutions.

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