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Tongyi Carbon Neutral Energy (Xinjiang) Co (SHSE:600506) Price-to-Tangible-Book : (As of Jun. 21, 2024)


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What is Tongyi Carbon Neutral Energy (Xinjiang) Co Price-to-Tangible-Book?

As of today (2024-06-21), Tongyi Carbon Neutral Energy (Xinjiang) Co's share price is ¥12.43. Tongyi Carbon Neutral Energy (Xinjiang) Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥-2.72. Hence, Tongyi Carbon Neutral Energy (Xinjiang) Co's Price to Tangible Book Ratio of today is .

The historical rank and industry rank for Tongyi Carbon Neutral Energy (Xinjiang) Co's Price-to-Tangible-Book or its related term are showing as below:

During the past 13 years, Tongyi Carbon Neutral Energy (Xinjiang) Co's highest Price to Tangible Book Ratio was 21.95. The lowest was 5.05. And the median was 9.17.

SHSE:600506's Price-to-Tangible-Book is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 1.67
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Tongyi Carbon Neutral Energy (Xinjiang) Co's share price is ¥12.43. Tongyi Carbon Neutral Energy (Xinjiang) Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥2.30. Hence, Tongyi Carbon Neutral Energy (Xinjiang) Co's P/B Ratio of today is 5.41.


Tongyi Carbon Neutral Energy (Xinjiang) Co Price-to-Tangible-Book Historical Data

The historical data trend for Tongyi Carbon Neutral Energy (Xinjiang) 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.

Tongyi Carbon Neutral Energy (Xinjiang) Co Price-to-Tangible-Book Chart

Tongyi Carbon Neutral Energy (Xinjiang) 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 6.20 6.00 - - -

Tongyi Carbon Neutral Energy (Xinjiang) 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 - - - - -

Competitive Comparison of Tongyi Carbon Neutral Energy (Xinjiang) Co's Price-to-Tangible-Book

For the Farm Products subindustry, Tongyi Carbon Neutral Energy (Xinjiang) 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.


Tongyi Carbon Neutral Energy (Xinjiang) Co's Price-to-Tangible-Book Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tongyi Carbon Neutral Energy (Xinjiang) Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Tongyi Carbon Neutral Energy (Xinjiang) Co's Price-to-Tangible-Book falls into.



Tongyi Carbon Neutral Energy (Xinjiang) Co Price-to-Tangible-Book Calculation

Tongyi Carbon Neutral Energy (Xinjiang) 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 )
=12.43/-2.724
=

* 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.


Tongyi Carbon Neutral Energy (Xinjiang) Co Price-to-Tangible-Book Related Terms

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Tongyi Carbon Neutral Energy (Xinjiang) Co (SHSE:600506) Business Description

Traded in Other Exchanges
N/A
Address
Shengguo Mingyuan, Shengguo Road, Xinjiang, Ku'erle, CHN, 841000
Tongyi Carbon Neutral Energy (Xinjiang) Co Ltd formerly Xinjiang Koerle Pear Co Ltd is an orchard planting company. It produces korla pear and ratafee.

Tongyi Carbon Neutral Energy (Xinjiang) Co (SHSE:600506) Headlines

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