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Shandong Pharmaceutical Glass Co (SHSE:600529) Price-to-Tangible-Book : 2.46 (As of May. 06, 2024)


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What is Shandong Pharmaceutical Glass Co Price-to-Tangible-Book?

As of today (2024-05-06), Shandong Pharmaceutical Glass Co's share price is ¥27.82. Shandong Pharmaceutical Glass Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥11.31. Hence, Shandong Pharmaceutical Glass Co's Price to Tangible Book Ratio of today is 2.46.

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

SHSE:600529' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.43   Med: 2.55   Max: 9.21
Current: 2.46

During the past 13 years, Shandong Pharmaceutical Glass Co's highest Price to Tangible Book Ratio was 9.21. The lowest was 1.43. And the median was 2.55.

SHSE:600529's Price-to-Tangible-Book is ranked worse than
72.83% of 357 companies
in the Packaging & Containers industry
Industry Median: 1.41 vs SHSE:600529: 2.46

A closely related ratio is called PB Ratio. As of today, Shandong Pharmaceutical Glass Co's share price is ¥27.82. Shandong Pharmaceutical Glass Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥11.69. Hence, Shandong Pharmaceutical Glass Co's P/B Ratio of today is 2.38.


Shandong Pharmaceutical Glass Co Price-to-Tangible-Book Historical Data

The historical data trend for Shandong Pharmaceutical Glass 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.

Shandong Pharmaceutical Glass Co Price-to-Tangible-Book Chart

Shandong Pharmaceutical Glass 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 4.45 7.36 5.84 2.81 2.33

Shandong Pharmaceutical Glass 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 2.54 2.62 2.60 2.33 2.55

Competitive Comparison of Shandong Pharmaceutical Glass Co's Price-to-Tangible-Book

For the Packaging & Containers subindustry, Shandong Pharmaceutical Glass 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.


Shandong Pharmaceutical Glass Co's Price-to-Tangible-Book Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Shandong Pharmaceutical Glass Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Shandong Pharmaceutical Glass Co's Price-to-Tangible-Book falls into.



Shandong Pharmaceutical Glass Co Price-to-Tangible-Book Calculation

Shandong Pharmaceutical Glass 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 )
=27.82/11.305
=2.46

* 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.


Shandong Pharmaceutical Glass Co Price-to-Tangible-Book Related Terms

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Shandong Pharmaceutical Glass Co (SHSE:600529) Business Description

Traded in Other Exchanges
N/A
Address
Yaobo Road, Yiyuan County, Zibo, Shandong, CHN, 256100
Shandong Pharmaceutical Glass Co Ltd is a pharmaceutical glass packaging product company. Its pharmaceutical glass packaging products and butyl rubber series products which service object of pharmaceutical, food, daily necessities industries. The products include for moulded injection vial for antibiotics series, tubular glass vial series, amber glass bottle series, neutral borosilicate glass bottle series, infusion bottle series, cosmetic bottles series, food bottles series, butyl rubber stopper series, prefillable syringes series, and aluminum-plastic cap series.

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