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Mudanjiang Hengfeng Paper Co (SHSE:600356) Price-to-Tangible-Book : 0.87 (As of May. 24, 2024)


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What is Mudanjiang Hengfeng Paper Co Price-to-Tangible-Book?

As of today (2024-05-24), Mudanjiang Hengfeng Paper Co's share price is ¥6.55. Mudanjiang Hengfeng Paper Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥7.54. Hence, Mudanjiang Hengfeng Paper Co's Price to Tangible Book Ratio of today is 0.87.

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

SHSE:600356' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.87   Med: 1.2   Max: 2.23
Current: 0.87

During the past 13 years, Mudanjiang Hengfeng Paper Co's highest Price to Tangible Book Ratio was 2.23. The lowest was 0.87. And the median was 1.20.

SHSE:600356's Price-to-Tangible-Book is ranked better than
58.27% of 278 companies
in the Forest Products industry
Industry Median: 1.05 vs SHSE:600356: 0.87

A closely related ratio is called PB Ratio. As of today, Mudanjiang Hengfeng Paper Co's share price is ¥6.55. Mudanjiang Hengfeng Paper Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥8.44. Hence, Mudanjiang Hengfeng Paper Co's P/B Ratio of today is 0.78.


Mudanjiang Hengfeng Paper Co Price-to-Tangible-Book Historical Data

The historical data trend for Mudanjiang Hengfeng Paper 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.

Mudanjiang Hengfeng Paper Co Price-to-Tangible-Book Chart

Mudanjiang Hengfeng Paper Co 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 1.19 1.29 1.16 1.03 1.07

Mudanjiang Hengfeng Paper 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 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 1.14 1.09 1.08 1.07 0.95

Competitive Comparison of Mudanjiang Hengfeng Paper Co's Price-to-Tangible-Book

For the Paper & Paper Products subindustry, Mudanjiang Hengfeng Paper 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.


Mudanjiang Hengfeng Paper Co's Price-to-Tangible-Book Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Mudanjiang Hengfeng Paper Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Mudanjiang Hengfeng Paper Co's Price-to-Tangible-Book falls into.



Mudanjiang Hengfeng Paper Co Price-to-Tangible-Book Calculation

Mudanjiang Hengfeng Paper 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 )
=6.55/7.541
=0.87

* 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.


Mudanjiang Hengfeng Paper Co Price-to-Tangible-Book Related Terms

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Mudanjiang Hengfeng Paper Co (SHSE:600356) Business Description

Traded in Other Exchanges
N/A
Address
No. 11 Hengfeng Road, Yangming District, Heilongjiang Province, Mudanjiang, CHN, 157013
Mudanjiang Hengfeng Paper Co Ltd manufactures cigarette-related papers in China. Its main products include cigarette paper, plug wrap paper, aluminum foil backing paper, tipping base paper and over a hundred types of industrial specialty paper.
Executives
Xu Xiang Director

Mudanjiang Hengfeng Paper Co (SHSE:600356) Headlines

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