Maike Tube Industry Holdings (HKSE:01553) Price-to-Tangible-Book : 0.46 (As of May. 29, 2025)

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What is Maike Tube Industry Holdings Price-to-Tangible-Book?

As of today (2025-05-29), Maike Tube Industry Holdings's share price is HK$1.30. Maike Tube Industry Holdings's Tangible Book per Share of Dec. 2024 for the quarter that ended in Dec. 2024 was HK$2.80. Hence, Maike Tube Industry Holdings's Price to Tangible Book Ratio of today is 0.46.

The historical rank and industry rank for Maike Tube Industry Holdings's Price-to-Tangible-Book or its related term are showing as below:

HKSE:01553' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.46 Med: 0.55 Max: 0.88
Current: 0.46

During the past 9 years, Maike Tube Industry Holdings's highest Price to Tangible Book Ratio was 0.88. The lowest was 0.46. And the median was 0.55.

HKSE:01553's Price-to-Tangible-Book is ranked better than
80.86% of 606 companies
in the Steel industry
Industry Median: 0.955 vs HKSE:01553: 0.46

A closely related ratio is called PB Ratio. As of today, Maike Tube Industry Holdings's share price is HK$1.30. Maike Tube Industry Holdings's Book Value per Sharefor the quarter that ended in Dec. 2024 was HK$2.80. Hence, Maike Tube Industry Holdings's P/B Ratio of today is 0.46.

Maike Tube Industry Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Maike Tube Industry Holdings'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.

Maike Tube Industry Holdings Price-to-Tangible-Book Chart

Maike Tube Industry Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Price-to-Tangible-Book

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0.78

0.57

0.47

0.52

Maike Tube Industry Holdings Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Price-to-Tangible-Book	Get a 7-Day Free Trial										0.47	0.48	0.52	0.50	0.52

Competitive Comparison of Maike Tube Industry Holdings's Price-to-Tangible-Book

For the Steel subindustry, Maike Tube Industry Holdings'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.

Maike Tube Industry Holdings's Price-to-Tangible-Book Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Maike Tube Industry Holdings's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Maike Tube Industry Holdings's Price-to-Tangible-Book falls into.

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Maike Tube Industry Holdings Price-to-Tangible-Book Calculation

Maike Tube Industry Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2024 )
	=	1.30	/	2.799
	=	0.46

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.

Maike Tube Industry Holdings Price-to-Tangible-Book Related Terms

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

Maike Tube Industry Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Maike Tube Industry Holdings Ltd (HKSE:01553) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 4 Meide Street, Meigui Zone of Industrial Park, Pingyin County, Shandong Province, Jinan, CHN, 250400

Website

http://www.mechpipingtech.com

Maike Tube Industry Holdings Ltd is an investment holding company. The company, through its subsidiaries, is engaged in the manufacturing of steel pipe products and prefabricated pipe nipple products. Its steel pipe products are made through rolling steel plates and welding the seam and are mainly used for gas, water supply, HVAC, and fire extinguishing. The group offers ERW steel pipes, Standard prefabricated pipe nipples, Spiral Submerged Arc Welded steel pipes, Customised steel pipes, and Design and supply assembled piping systems. It has a business presence in the PRC, the US, Europe, and Other countries of which a majority of revenue is generated from the PRC.

Executives

Kong Linglei	2201 Interest of corporation controlled by you
Zhang Jing Ru	2202 Interest of your spouse
Zhao Pu	2101 Beneficial owner
Ying Stone Holdings Limited	2101 Beneficial owner
Tong Chuang Sheng De Limited	2101 Beneficial owner
Tong Chuang Xing De Limited	2101 Beneficial owner
Shang Hai Heng Yuan Guo Ji Tou Zi You Xian Gong Si	2101 Beneficial owner

Maike Tube Industry Holdings Headlines

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