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Kexin Development Co Shanxi (SHSE:600234) Price-to-Tangible-Book : 1.20 (As of Jun. 10, 2024)


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What is Kexin Development Co Shanxi Price-to-Tangible-Book?

As of today (2024-06-10), Kexin Development Co Shanxi's share price is ¥1.93. Kexin Development Co Shanxi's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥1.61. Hence, Kexin Development Co Shanxi's Price to Tangible Book Ratio of today is 1.20.

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

SHSE:600234' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.2   Med: 24.86   Max: 180.93
Current: 1.2

During the past 13 years, Kexin Development Co Shanxi's highest Price to Tangible Book Ratio was 180.93. The lowest was 1.20. And the median was 24.86.

SHSE:600234's Price-to-Tangible-Book is ranked better than
65.76% of 768 companies
in the Media - Diversified industry
Industry Median: 1.84 vs SHSE:600234: 1.20

A closely related ratio is called PB Ratio. As of today, Kexin Development Co Shanxi's share price is ¥1.93. Kexin Development Co Shanxi's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥1.61. Hence, Kexin Development Co Shanxi's P/B Ratio of today is 1.20.


Kexin Development Co Shanxi Price-to-Tangible-Book Historical Data

The historical data trend for Kexin Development Co Shanxi'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.

Kexin Development Co Shanxi Price-to-Tangible-Book Chart

Kexin Development Co Shanxi 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 24.96 14.68 4.34 3.05 5.30

Kexin Development Co Shanxi 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 3.30 2.71 3.25 5.30 3.92

Competitive Comparison of Kexin Development Co Shanxi's Price-to-Tangible-Book

For the Advertising Agencies subindustry, Kexin Development Co Shanxi'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.


Kexin Development Co Shanxi's Price-to-Tangible-Book Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Kexin Development Co Shanxi's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Kexin Development Co Shanxi's Price-to-Tangible-Book falls into.



Kexin Development Co Shanxi Price-to-Tangible-Book Calculation

Kexin Development Co Shanxi's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=1.93/1.605
=1.20

* 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.


Kexin Development Co Shanxi Price-to-Tangible-Book Related Terms

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


Kexin Development Co Shanxi (SHSE:600234) Business Description

Traded in Other Exchanges
N/A
Address
No. 289 Yingze Street, Shanxi Province, Taiyuan, CHN, 030001
Website
Guanghe Landscape Culture Communication Co Ltd is engaged in cultural event planning; cultural communication planning; corporate image planning; investment in theme parks and tourism cultural projects, cultural performance projects, cinema lines, book publishing publications with own funds; painting and calligraphy art creation and display.
Executives
Chen Fu Xing Director
Wang Tie Sheng senior management

Kexin Development Co Shanxi (SHSE:600234) Headlines

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