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Hunan Huitong Advanced Materials Co (BJSE:833751) Price-to-Tangible-Book : 1.94 (As of Jun. 23, 2024)


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What is Hunan Huitong Advanced Materials Co Price-to-Tangible-Book?

As of today (2024-06-23), Hunan Huitong Advanced Materials Co's share price is ¥8.11. Hunan Huitong Advanced Materials Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥4.19. Hence, Hunan Huitong Advanced Materials Co's Price to Tangible Book Ratio of today is 1.94.

The historical rank and industry rank for Hunan Huitong Advanced Materials Co's Price-to-Tangible-Book or its related term are showing as below:

BJSE:833751' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.44   Med: 1.42   Max: 2.87
Current: 1.94

During the past 11 years, Hunan Huitong Advanced Materials Co's highest Price to Tangible Book Ratio was 2.87. The lowest was 0.44. And the median was 1.42.

BJSE:833751'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:833751: 1.94

A closely related ratio is called PB Ratio. As of today, Hunan Huitong Advanced Materials Co's share price is ¥8.11. Hunan Huitong Advanced Materials Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥4.33. Hence, Hunan Huitong Advanced Materials Co's P/B Ratio of today is 1.87.


Hunan Huitong Advanced Materials Co Price-to-Tangible-Book Historical Data

The historical data trend for Hunan Huitong Advanced Materials 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.

Hunan Huitong Advanced Materials Co Price-to-Tangible-Book Chart

Hunan Huitong Advanced Materials 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 1.51 1.42 2.41 2.32 2.59

Hunan Huitong Advanced Materials Co Quarterly Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 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 2.87 2.78 1.30 2.59 2.26

Competitive Comparison of Hunan Huitong Advanced Materials Co's Price-to-Tangible-Book

For the Metal Fabrication subindustry, Hunan Huitong Advanced Materials 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.


Hunan Huitong Advanced Materials Co's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hunan Huitong Advanced Materials Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Hunan Huitong Advanced Materials Co's Price-to-Tangible-Book falls into.



Hunan Huitong Advanced Materials Co Price-to-Tangible-Book Calculation

Hunan Huitong Advanced Materials 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 )
=8.11/4.189
=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.


Hunan Huitong Advanced Materials Co Price-to-Tangible-Book Related Terms

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Hunan Huitong Advanced Materials Co (BJSE:833751) Business Description

Traded in Other Exchanges
N/A
Address
No. 489 Lusong Road, Yuelu, Hunan, Changsha, CHN, 410205
Hunan Huitong Advanced Materials Co Ltd is engaged in research & development, production and sales of metal fibers and their products. The company has a complete metal fiber production line. The main products are: various metal fibers with a diameter of 2-100m (such as stainless steel fibers, iron-chromium-aluminum fibers, nickel fibers, titanium fibers, aluminum fibers, etc.) Widely used in automotive, textile, petroleum, chemical, military, communications and other fields.

Hunan Huitong Advanced Materials Co (BJSE:833751) Headlines

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