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Tianjin Benefo Tejing Electric Co (SHSE:600468) Price-to-Tangible-Book : 2.55 (As of Apr. 27, 2025)


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What is Tianjin Benefo Tejing Electric Co Price-to-Tangible-Book?

As of today (2025-04-27), Tianjin Benefo Tejing Electric Co's share price is ¥4.23. Tianjin Benefo Tejing Electric Co's Tangible Book per Share of Dec. 2024 for the quarter that ended in Dec. 2024 was ¥1.66. Hence, Tianjin Benefo Tejing Electric Co's Price to Tangible Book Ratio of today is 2.55.

The historical rank and industry rank for Tianjin Benefo Tejing Electric Co's Price-to-Tangible-Book or its related term are showing as below:

SHSE:600468' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.55   Med: 3.35   Max: 16.1
Current: 2.55

During the past 13 years, Tianjin Benefo Tejing Electric Co's highest Price to Tangible Book Ratio was 16.10. The lowest was 2.55. And the median was 3.35.

SHSE:600468's Price-to-Tangible-Book is ranked worse than
57.48% of 2841 companies
in the Industrial Products industry
Industry Median: 2.19 vs SHSE:600468: 2.55

A closely related ratio is called PB Ratio. As of today, Tianjin Benefo Tejing Electric Co's share price is ¥4.23. Tianjin Benefo Tejing Electric Co's Book Value per Sharefor the quarter that ended in Dec. 2024 was ¥1.77. Hence, Tianjin Benefo Tejing Electric Co's P/B Ratio of today is 2.40.


Tianjin Benefo Tejing Electric Co Price-to-Tangible-Book Historical Data

The historical data trend for Tianjin Benefo Tejing Electric 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.

Tianjin Benefo Tejing Electric Co Price-to-Tangible-Book Chart

Tianjin Benefo Tejing Electric Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.48 3.83 2.75 4.27 2.83

Tianjin Benefo Tejing Electric Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 4.27 3.18 2.63 2.81 2.83

Competitive Comparison of Tianjin Benefo Tejing Electric Co's Price-to-Tangible-Book

For the Electrical Equipment & Parts subindustry, Tianjin Benefo Tejing Electric 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.


Tianjin Benefo Tejing Electric Co's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tianjin Benefo Tejing Electric Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Tianjin Benefo Tejing Electric Co's Price-to-Tangible-Book falls into.


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Tianjin Benefo Tejing Electric Co Price-to-Tangible-Book Calculation

Tianjin Benefo Tejing Electric Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2024 )
=4.23/1.658
=2.55

* 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.


Tianjin Benefo Tejing Electric Co Price-to-Tangible-Book Related Terms

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


Tianjin Benefo Tejing Electric Co Business Description

Traded in Other Exchanges
N/A
Address
No. 12, Minhe Road, Xiqing Economic Development Zone, Tianjin, Tianjin, CHN, 300385
Tianjin Benefo Tejing Electric Co Ltd is engaged in the manufacture of transmission and distribution equipment, high and low-voltage electrical components, and electrical transmission and distribution equipment in China. The products include: high-power power electronic products SVG, SVC, used to stabilize system voltage and solve system voltage fluctuation problems; transmission system secondary control power connection products, used for high-voltage and ultra-high-voltage switch control system connection; distribution switch control equipment, used to provide distribution system solutions.
Executives
Qiao Lin senior management
Li Jun senior management
Zhang Qing Hua Supervisors
Sun Wen Zhi senior management
Liu Min Directors, senior managers
Shi Qi Directors, senior managers
Wang De Hua Supervisors

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