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Jiangsu Keqiang New Materials Co (BJSE:873665) Price-to-Tangible-Book : 1.58 (As of May. 28, 2024)


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What is Jiangsu Keqiang New Materials Co Price-to-Tangible-Book?

As of today (2024-05-28), Jiangsu Keqiang New Materials Co's share price is ¥8.19. Jiangsu Keqiang New Materials Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥5.17. Hence, Jiangsu Keqiang New Materials Co's Price to Tangible Book Ratio of today is 1.58.

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

BJSE:873665' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.21   Med: 1.62   Max: 2.43
Current: 1.58

During the past 7 years, Jiangsu Keqiang New Materials Co's highest Price to Tangible Book Ratio was 2.43. The lowest was 1.21. And the median was 1.62.

BJSE:873665's Price-to-Tangible-Book is ranked better than
56.09% of 1487 companies
in the Chemicals industry
Industry Median: 1.81 vs BJSE:873665: 1.58

A closely related ratio is called PB Ratio. As of today, Jiangsu Keqiang New Materials Co's share price is ¥8.19. Jiangsu Keqiang New Materials Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥5.38. Hence, Jiangsu Keqiang New Materials Co's P/B Ratio of today is 1.52.


Jiangsu Keqiang New Materials Co Price-to-Tangible-Book Historical Data

The historical data trend for Jiangsu Keqiang New 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.

Jiangsu Keqiang New Materials Co Price-to-Tangible-Book Chart

Jiangsu Keqiang New Materials Co Annual Data
Trend Dec15 Dec16 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial - - - - 2.43

Jiangsu Keqiang New Materials Co Quarterly Data
Dec15 Jun16 Dec16 Jun17 Dec19 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 - - 1.21 2.43 1.62

Competitive Comparison of Jiangsu Keqiang New Materials Co's Price-to-Tangible-Book

For the Specialty Chemicals subindustry, Jiangsu Keqiang New 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.


Jiangsu Keqiang New Materials Co's Price-to-Tangible-Book Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Jiangsu Keqiang New Materials Co's Price-to-Tangible-Book distribution charts can be found below:

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



Jiangsu Keqiang New Materials Co Price-to-Tangible-Book Calculation

Jiangsu Keqiang New 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 )
=8.19/5.173
=1.58

* 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.


Jiangsu Keqiang New Materials Co Price-to-Tangible-Book Related Terms

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Jiangsu Keqiang New Materials Co (BJSE:873665) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Xiasheng Road, Qiaoqi Industrial Park, Jiangyin, CHN
Jiangsu Keqiang New Materials Co Ltd is a company engaged in research & development, production and sales of special high-performance rubber (cloth, plate, belt) products, providing global customers with system solutions in the fields of sealing, buffering, anti-corrosion, transmission and other fields. The main products include train windshield fabrics, silicone sheets for photovoltaic module laminators, rubber sealing parts for storage tanks, lightweight rubber conveyor belts, etc.

Jiangsu Keqiang New Materials Co (BJSE:873665) Headlines

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