Hubei Hongyu New Packaging Materials Co (BJSE:837174) Price-to-Tangible-Book : 1.52 (As of Jun. 24, 2024)

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What is Hubei Hongyu New Packaging Materials Co Price-to-Tangible-Book?

As of today (2024-06-24), Hubei Hongyu New Packaging Materials Co's share price is ¥9.28. Hubei Hongyu New Packaging Materials Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥6.09. Hence, Hubei Hongyu New Packaging Materials Co's Price to Tangible Book Ratio of today is 1.52.

The historical rank and industry rank for Hubei Hongyu New Packaging Materials Co's Price-to-Tangible-Book or its related term are showing as below:

BJSE:837174' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.08 Med: 1.63 Max: 2.36
Current: 1.52

During the past 11 years, Hubei Hongyu New Packaging Materials Co's highest Price to Tangible Book Ratio was 2.36. The lowest was 1.08. And the median was 1.63.

BJSE:837174's Price-to-Tangible-Book is ranked worse than
56.27% of 359 companies
in the Packaging & Containers industry
Industry Median: 1.32 vs BJSE:837174: 1.52

A closely related ratio is called PB Ratio. As of today, Hubei Hongyu New Packaging Materials Co's share price is ¥9.28. Hubei Hongyu New Packaging Materials Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥6.42. Hence, Hubei Hongyu New Packaging Materials Co's P/B Ratio of today is 1.45.

Hubei Hongyu New Packaging Materials Co Price-to-Tangible-Book Historical Data

The historical data trend for Hubei Hongyu New Packaging 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.

Hubei Hongyu New Packaging Materials Co Price-to-Tangible-Book Chart

Hubei Hongyu New Packaging Materials Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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2.36

Hubei Hongyu New Packaging 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															-	-	1.08	2.36	1.63

Competitive Comparison of Hubei Hongyu New Packaging Materials Co's Price-to-Tangible-Book

For the Packaging & Containers subindustry, Hubei Hongyu New Packaging 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.

Hubei Hongyu New Packaging Materials Co's Price-to-Tangible-Book Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Hubei Hongyu New Packaging Materials Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Hubei Hongyu New Packaging Materials Co's Price-to-Tangible-Book falls into.

Hubei Hongyu New Packaging Materials Co Price-to-Tangible-Book Calculation

Hubei Hongyu New Packaging 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 )
	=	9.28	/	6.09
	=	1.52

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Hubei Hongyu New Packaging Materials Co Price-to-Tangible-Book Related Terms

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Hubei Hongyu New Packaging Materials Co (BJSE:837174) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Hubei Hongyu New Packaging Materials Co Ltd (BJSE:837174) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 Juxiang Avenue, Yaqueling Town, Yiling, Hubei, Yichang, CHN, 443113

Website

http://www.hybaocai.com

Hubei Hongyu New Packaging Materials Co Ltd is engaged in research & development, production and sales of color printing composite packaging products, injection molding products and blown film products. The company's leading products include high-barrier aluminum foil packaging, stand-up pouches, penguin pouches, high-temperature retort pouches, condiment anti-media packaging, cold drinks and frozen food packaging, snack food packaging, cup lid series functional packaging, pharmaceutical packaging, daily chemical washing products packaging, Pet food packaging, electronic product packaging, paper-plastic composite packaging, two-dimensional code traceable labels, medical breathable film, infant health packaging materials, food-grade injection molding containers, etc.

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