JY Gas (HKSE:01407) Price-to-Tangible-Book : 0.68 (As of Jun. 18, 2024)

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What is JY Gas Price-to-Tangible-Book?

As of today (2024-06-18), JY Gas's share price is HK$0.445. JY Gas's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$0.65. Hence, JY Gas's Price to Tangible Book Ratio of today is 0.68.

The historical rank and industry rank for JY Gas's Price-to-Tangible-Book or its related term are showing as below:

HKSE:01407' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.68 Med: 1.23 Max: 1.6
Current: 0.68

During the past 5 years, JY Gas's highest Price to Tangible Book Ratio was 1.60. The lowest was 0.68. And the median was 1.23.

HKSE:01407's Price-to-Tangible-Book is ranked better than
83.12% of 474 companies
in the Utilities - Regulated industry
Industry Median: 1.755 vs HKSE:01407: 0.68

A closely related ratio is called PB Ratio. As of today, JY Gas's share price is HK$0.445. JY Gas's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$0.70. Hence, JY Gas's P/B Ratio of today is 0.64.

JY Gas Price-to-Tangible-Book Historical Data

The historical data trend for JY Gas'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.

JY Gas Price-to-Tangible-Book Chart

JY Gas Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

1.60

0.86

JY Gas Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial			-	-	1.60	1.03	0.86

Competitive Comparison of JY Gas's Price-to-Tangible-Book

For the Utilities - Regulated Gas subindustry, JY Gas'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.

JY Gas's Price-to-Tangible-Book Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, JY Gas's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where JY Gas's Price-to-Tangible-Book falls into.

JY Gas Price-to-Tangible-Book Calculation

JY Gas's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.445	/	0.653
	=	0.68

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.

JY Gas Price-to-Tangible-Book Related Terms

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

JY Gas (HKSE:01407) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » JY Gas Ltd (HKSE:01407) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2568 Shi’an Road (West), 3rd Floor, Jiaoyun Group Building, Gaomi City, Weifang Municipality, Shandong Provinc, Weifang, CHN

Website

http://www.gmjytrq.com

JY Gas Ltd is a natural gas operator in Gaomi City, Weifang Municipality of Shandong Province. The company derives revenue from the sale of natural gas. Natural gas which it sells includes pipeline natural gas, compressed natural gas and liquefied natural gas. The sale of pipelined natural gas is its principal business.

Executives

Luan Xiaolong	2201 Interest of corporation controlled by you
Zhou Zhan	2202 Interest of your spouse
Lxl Phoenix Limited	2101 Beneficial owner
Cui Shuhua	2202 Interest of your spouse
Llj Phoenix Limited	2101 Beneficial owner
Luan Linjiang	2201 Interest of corporation controlled by you
Sdjy Holding Limited	2201 Interest of corporation controlled by you
Segm Holding Limited	2101 Beneficial owner

JY Gas (HKSE:01407) Headlines

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