Tsaker New Energy Tech Co (HKSE:01986) Price-to-Tangible-Book : 0.47 (As of May. 21, 2024)

View and export this data going back to 2015. Start your Free Trial

What is Tsaker New Energy Tech Co Price-to-Tangible-Book?

As of today (2024-05-21), Tsaker New Energy Tech Co's share price is HK$0.97. Tsaker New Energy Tech Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$2.07. Hence, Tsaker New Energy Tech Co's Price to Tangible Book Ratio of today is 0.47.

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

HKSE:01986' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.45 Med: 0.98 Max: 4.41
Current: 0.47

During the past 10 years, Tsaker New Energy Tech Co's highest Price to Tangible Book Ratio was 4.41. The lowest was 0.45. And the median was 0.98.

HKSE:01986's Price-to-Tangible-Book is ranked better than
94.68% of 1485 companies
in the Chemicals industry
Industry Median: 1.84 vs HKSE:01986: 0.47

A closely related ratio is called PB Ratio. As of today, Tsaker New Energy Tech Co's share price is HK$0.97. Tsaker New Energy Tech Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$2.08. Hence, Tsaker New Energy Tech Co's P/B Ratio of today is 0.47.

Tsaker New Energy Tech Co Price-to-Tangible-Book Historical Data

The historical data trend for Tsaker New Energy Tech 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.

Tsaker New Energy Tech Co Price-to-Tangible-Book Chart

Tsaker New Energy Tech Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.98

0.74

0.58

0.49

Tsaker New Energy Tech Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.58	0.82	0.58	0.62	0.49

Competitive Comparison of Tsaker New Energy Tech Co's Price-to-Tangible-Book

For the Specialty Chemicals subindustry, Tsaker New Energy Tech 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.

Tsaker New Energy Tech Co's Price-to-Tangible-Book Distribution in the Chemicals Industry

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

* The bar in red indicates where Tsaker New Energy Tech Co's Price-to-Tangible-Book falls into.

Tsaker New Energy Tech Co Price-to-Tangible-Book Calculation

Tsaker New Energy Tech Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.97	/	2.073
	=	0.47

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.

Tsaker New Energy Tech Co Price-to-Tangible-Book Related Terms

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

Tsaker New Energy Tech Co (HKSE:01986) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Tsaker New Energy Tech Co Ltd (HKSE:01986) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Yard 109, Jinghai 3rd Road, 1st Floor, Building 10, Beijing Economic-Technological Development Area, Beijing, CHN, 100020

Website

http://www.tsaker.com

Tsaker New Energy Tech Co Ltd formerly Tsaker Chemical Group Ltd is a manufacturer of dye intermediates, pigment intermediates, battery materials and agricultural chemical intermediates in China. Its operating segments include Dye and agricultural chemical intermediates, Pigment intermediates, Environmental technology consultancy services, and Battery materials. Geographically, it derives the majority of revenue from Mainland China and has a presence in India, Germany, the United States, Taiwan, Spain, Indonesia, Brazil, Italy, Japan, Korea, Turkey, and Other Countries.

Tsaker New Energy Tech Co (HKSE:01986) Headlines

No Headlines