GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Fujian Guohang Ocean Shipping Group Co Ltd (BJSE:833171) » Definitions » Price-to-Tangible-Book

Fujian Guohang Ocean Shipping Group Co (BJSE:833171) Price-to-Tangible-Book : 1.62 (As of Jun. 22, 2024)


View and export this data going back to 2022. Start your Free Trial

What is Fujian Guohang Ocean Shipping Group Co Price-to-Tangible-Book?

As of today (2024-06-22), Fujian Guohang Ocean Shipping Group Co's share price is ¥3.95. Fujian Guohang Ocean Shipping Group Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥2.44. Hence, Fujian Guohang Ocean Shipping Group Co's Price to Tangible Book Ratio of today is 1.62.

The historical rank and industry rank for Fujian Guohang Ocean Shipping Group Co's Price-to-Tangible-Book or its related term are showing as below:

BJSE:833171' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.37   Med: 3.67   Max: 10.77
Current: 1.62

During the past 13 years, Fujian Guohang Ocean Shipping Group Co's highest Price to Tangible Book Ratio was 10.77. The lowest was 1.37. And the median was 3.67.

BJSE:833171's Price-to-Tangible-Book is ranked worse than
55.8% of 880 companies
in the Transportation industry
Industry Median: 1.39 vs BJSE:833171: 1.62

A closely related ratio is called PB Ratio. As of today, Fujian Guohang Ocean Shipping Group Co's share price is ¥3.95. Fujian Guohang Ocean Shipping Group Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥2.45. Hence, Fujian Guohang Ocean Shipping Group Co's P/B Ratio of today is 1.61.


Fujian Guohang Ocean Shipping Group Co Price-to-Tangible-Book Historical Data

The historical data trend for Fujian Guohang Ocean Shipping Group 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.

Fujian Guohang Ocean Shipping Group Co Price-to-Tangible-Book Chart

Fujian Guohang Ocean Shipping Group 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 4.24 3.59 4.19 1.65 2.28

Fujian Guohang Ocean Shipping Group Co Quarterly Data
Jun18 Dec18 Jun19 Dec19 Mar20 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 1.63 1.37 1.41 2.28 1.54

Competitive Comparison of Fujian Guohang Ocean Shipping Group Co's Price-to-Tangible-Book

For the Marine Shipping subindustry, Fujian Guohang Ocean Shipping Group 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.


Fujian Guohang Ocean Shipping Group Co's Price-to-Tangible-Book Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Fujian Guohang Ocean Shipping Group Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Fujian Guohang Ocean Shipping Group Co's Price-to-Tangible-Book falls into.



Fujian Guohang Ocean Shipping Group Co Price-to-Tangible-Book Calculation

Fujian Guohang Ocean Shipping Group 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 )
=3.95/2.443
=1.62

* 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.


Fujian Guohang Ocean Shipping Group Co Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Fujian Guohang Ocean Shipping Group Co's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Fujian Guohang Ocean Shipping Group Co (BJSE:833171) Business Description

Traded in Other Exchanges
N/A
Address
No. 68-1 Jiangbin East Avenue, Floor 25, Building 1, Lanbo Bay, Mawei District, Fujian Province, Fuzhou City, CHN, 350015
Fujian Guohang Ocean Shipping Group Co Ltd provides integrated maritime shipping services. It offers Dry bulk cargo transportation business on the international ocean, domestic coastal, and middle and lower reaches of the Yangtze River. It offers general cargo ship transportation; ship technical consulting services; ships, marine electromechanical supporting equipment and marine materials, building materials, mechanical equipment, and chemical products.

Fujian Guohang Ocean Shipping Group Co (BJSE:833171) Headlines

No Headlines