Yutong Bus Co (SHSE:600066) Price-to-Tangible-Book : 4.37 (As of May. 01, 2024)

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What is Yutong Bus Co Price-to-Tangible-Book?

As of today (2024-05-01), Yutong Bus Co's share price is ¥25.69. Yutong Bus Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥5.88. Hence, Yutong Bus Co's Price to Tangible Book Ratio of today is 4.37.

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

SHSE:600066' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.22 Med: 2.5 Max: 4.9
Current: 4.37

During the past 13 years, Yutong Bus Co's highest Price to Tangible Book Ratio was 4.90. The lowest was 1.22. And the median was 2.50.

SHSE:600066's Price-to-Tangible-Book is ranked worse than
82.47% of 194 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.77 vs SHSE:600066: 4.37

A closely related ratio is called PB Ratio. As of today, Yutong Bus Co's share price is ¥25.69. Yutong Bus Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥6.57. Hence, Yutong Bus Co's P/B Ratio of today is 3.91.

Yutong Bus Co Price-to-Tangible-Book Historical Data

The historical data trend for Yutong Bus 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.

Yutong Bus Co Price-to-Tangible-Book Chart

Yutong Bus Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.94

2.66

1.78

1.29

2.37

Yutong Bus 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															2.08	2.90	2.49	2.37	3.38

Competitive Comparison of Yutong Bus Co's Price-to-Tangible-Book

For the Farm & Heavy Construction Machinery subindustry, Yutong Bus 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.

Yutong Bus Co's Price-to-Tangible-Book Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Yutong Bus Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Yutong Bus Co's Price-to-Tangible-Book falls into.

Yutong Bus Co Price-to-Tangible-Book Calculation

Yutong Bus 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 )
	=	25.69	/	5.881
	=	4.37

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.

Yutong Bus Co Price-to-Tangible-Book Related Terms

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

Yutong Bus Co (SHSE:600066) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Yutong Bus Co Ltd (SHSE:600066) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

N/A

Address

66 Yuxing Road, Zhengzhou Economic and Technological Development Zone, Henan Province, Zhengzhou, CHN, 450016

Website

http://www.yutong.com

Yutong is the global market leader in buses, with close to 90% of revenue coming from sales in China. It is also China's largest bus manufacturer with around 30% of market share in medium and large buses. With the highest production capacity in its core segment, the company continues to benefit from the Chinese central government's subsidies for electric vehicles. Yutong's current product portfolio covers nearly all bus segments, including motor coach, shuttle, and school bus. While the firm started as a state-owned enterprise, a team of 23 company managers launched a management buyout in 2001 and eventually took over the firm in 2003.

Yutong Bus Co (SHSE:600066) Headlines

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