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Chongqing Iron & Steel Co (FRA:CGP) Price-to-Tangible-Book : 0.28 (As of Jun. 17, 2024)


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What is Chongqing Iron & Steel Co Price-to-Tangible-Book?

As of today (2024-06-17), Chongqing Iron & Steel Co's share price is €0.0665. Chongqing Iron & Steel Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was €0.24. Hence, Chongqing Iron & Steel Co's Price to Tangible Book Ratio of today is 0.28.

The historical rank and industry rank for Chongqing Iron & Steel Co's Price-to-Tangible-Book or its related term are showing as below:

FRA:CGP' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.6   Med: 1.03   Max: 40.29
Current: 0.6

During the past 13 years, Chongqing Iron & Steel Co's highest Price to Tangible Book Ratio was 40.29. The lowest was 0.60. And the median was 1.03.

FRA:CGP's Price-to-Tangible-Book is ranked better than
75.21% of 605 companies
in the Steel industry
Industry Median: 1.04 vs FRA:CGP: 0.60

A closely related ratio is called PB Ratio. As of today, Chongqing Iron & Steel Co's share price is €0.0665. Chongqing Iron & Steel Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was €0.28. Hence, Chongqing Iron & Steel Co's P/B Ratio of today is 0.24.


Chongqing Iron & Steel Co Price-to-Tangible-Book Historical Data

The historical data trend for Chongqing Iron & Steel 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.

Chongqing Iron & Steel Co Price-to-Tangible-Book Chart

Chongqing Iron & Steel 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 0.45 0.30 0.45 0.33 0.30

Chongqing Iron & Steel Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 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 0.38 0.32 0.35 0.30 0.26

Competitive Comparison of Chongqing Iron & Steel Co's Price-to-Tangible-Book

For the Steel subindustry, Chongqing Iron & Steel 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.


Chongqing Iron & Steel Co's Price-to-Tangible-Book Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Chongqing Iron & Steel Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Chongqing Iron & Steel Co's Price-to-Tangible-Book falls into.



Chongqing Iron & Steel Co Price-to-Tangible-Book Calculation

Chongqing Iron & Steel 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 )
=0.0665/0.239
=0.28

* 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.


Chongqing Iron & Steel Co Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Chongqing Iron & Steel Co's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Chongqing Iron & Steel Co (FRA:CGP) Business Description

Traded in Other Exchanges
Address
No. 2 Jiangnan Avenue, Jiangnan Street, Changshou District, Chongqing, CHN, 401258
Chongqing Iron & Steel Co Ltd is engaged in the production, processing, and sale of steel plates, steel sections, wire rods, bar materials, billets, and thin plates, and in the production and sale of coking and coal chemical products, pig iron & grain slag, steel slag, and steel scrap. Its products are applied in various industries, such as machinery, architecture, engineering, automobile, motorbike, shipbuilding, offshore oil, gas cylinder, boiler as well as oil and gas pipelines. The group's revenue and profit are mainly comprised of steel manufacturing and domestic sales.

Chongqing Iron & Steel Co (FRA:CGP) Headlines

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