China Suntien Green Energy (FRA:9C6) Price-to-Tangible-Book : 0.78 (As of Jun. 16, 2024)

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What is China Suntien Green Energy Price-to-Tangible-Book?

As of today (2024-06-16), China Suntien Green Energy's share price is €0.438. China Suntien Green Energy's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was €0.56. Hence, China Suntien Green Energy's Price to Tangible Book Ratio of today is 0.78.

The historical rank and industry rank for China Suntien Green Energy's Price-to-Tangible-Book or its related term are showing as below:

FRA:9C6' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.47 Med: 0.77 Max: 1.57
Current: 0.8

During the past 13 years, China Suntien Green Energy's highest Price to Tangible Book Ratio was 1.57. The lowest was 0.47. And the median was 0.77.

FRA:9C6's Price-to-Tangible-Book is ranked better than
81.01% of 474 companies
in the Utilities - Regulated industry
Industry Median: 1.75 vs FRA:9C6: 0.80

A closely related ratio is called PB Ratio. As of today, China Suntien Green Energy's share price is €0.438. China Suntien Green Energy's Book Value per Sharefor the quarter that ended in Mar. 2024 was €0.66. Hence, China Suntien Green Energy's P/B Ratio of today is 0.66.

China Suntien Green Energy Price-to-Tangible-Book Historical Data

The historical data trend for China Suntien Green Energy'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.

China Suntien Green Energy Price-to-Tangible-Book Chart

China Suntien Green Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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0.76

0.66

1.13

0.64

0.55

China Suntien Green Energy Quarterly Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial															-	0.51	0.56	0.55	0.60

Competitive Comparison of China Suntien Green Energy's Price-to-Tangible-Book

For the Utilities - Diversified subindustry, China Suntien Green Energy'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.

China Suntien Green Energy's Price-to-Tangible-Book Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, China Suntien Green Energy's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where China Suntien Green Energy's Price-to-Tangible-Book falls into.

China Suntien Green Energy Price-to-Tangible-Book Calculation

China Suntien Green Energy's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	0.438	/	0.56
	=	0.78

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.

China Suntien Green Energy Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of China Suntien Green Energy's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

China Suntien Green Energy (FRA:9C6) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » China Suntien Green Energy Corp Ltd (FRA:9C6) » Definitions » Price-to-Tangible-Book

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CSGEF:USA 00956:Hong Kong 600956:China

Address

No. 9 Yuhua West Road, 9th Floor, Block A, Yuyuan Plaza, Qiaoxi District, Hebei Province, Shijiazhuang, CHN, 050001

Website

http://www.suntien.com

China Suntien Green Energy is engaged in the wind power, photovoltaic, and natural gas businesses. The natural gas segment is involved in the sales of natural gas and gas appliances, and the provision of construction and connection services of natural gas pipelines. The wind and solar energy segment sells electricity to external grid companies by operating wind farms and solar energy plants. In 2022, the firm's natural gas transmission volume was 4,501 million cubic meters, while sales volume of electricity was 13.87 billion kilowatt-hours. As of end-2022, the firm had consolidated renewable energy (wind and solar) installed capacity of 5.94 gigawatts.

China Suntien Green Energy (FRA:9C6) Headlines

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