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Fujian Longxi Bearing Group Co (SHSE:600592) Price-to-Tangible-Book : 1.66 (As of Jan. 19, 2025)


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What is Fujian Longxi Bearing Group Co Price-to-Tangible-Book?

As of today (2025-01-19), Fujian Longxi Bearing Group Co's share price is ¥10.20. Fujian Longxi Bearing Group Co's Tangible Book per Share of Sep. 2024 for the quarter that ended in Sep. 2024 was ¥6.13. Hence, Fujian Longxi Bearing Group Co's Price to Tangible Book Ratio of today is 1.66.

The historical rank and industry rank for Fujian Longxi Bearing Group Co's Price-to-Tangible-Book or its related term are showing as below:

SHSE:600592' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.24   Med: 2.07   Max: 4.37
Current: 1.66

During the past 13 years, Fujian Longxi Bearing Group Co's highest Price to Tangible Book Ratio was 4.37. The lowest was 1.24. And the median was 2.07.

SHSE:600592's Price-to-Tangible-Book is ranked better than
62.94% of 2825 companies
in the Industrial Products industry
Industry Median: 2.24 vs SHSE:600592: 1.66

A closely related ratio is called PB Ratio. As of today, Fujian Longxi Bearing Group Co's share price is ¥10.20. Fujian Longxi Bearing Group Co's Book Value per Sharefor the quarter that ended in Sep. 2024 was ¥6.32. Hence, Fujian Longxi Bearing Group Co's P/B Ratio of today is 1.61.


Fujian Longxi Bearing Group Co Price-to-Tangible-Book Historical Data

The historical data trend for Fujian Longxi Bearing Group 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.

Fujian Longxi Bearing Group Co Price-to-Tangible-Book Chart

Fujian Longxi Bearing Group 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 3.36 2.17 1.90 1.30 1.98

Fujian Longxi Bearing Group Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.61 1.98 1.60 1.48 1.61

Competitive Comparison of Fujian Longxi Bearing Group Co's Price-to-Tangible-Book

For the Specialty Industrial Machinery subindustry, Fujian Longxi Bearing Group 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.


Fujian Longxi Bearing Group Co's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Fujian Longxi Bearing Group Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Fujian Longxi Bearing Group Co's Price-to-Tangible-Book falls into.



Fujian Longxi Bearing Group Co Price-to-Tangible-Book Calculation

Fujian Longxi Bearing Group Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2024 )
=10.20/6.132
=1.66

* 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.


Fujian Longxi Bearing Group Co Price-to-Tangible-Book Related Terms

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


Fujian Longxi Bearing Group Co Business Description

Traded in Other Exchanges
N/A
Address
Yan'an North Road, Zhangzhou, Fujian, CHN, 363000
Fujian Longxi Bearing Group Co Ltd manufactures spherical plain bearings. It is engaged in the production of spherical plain bearings (SPB), tapered roller bearings, gears, rolling functional components, gearboxes, automobile parts and knitting mechanical equipment.
Executives
Chen Jin Hui Director
Zheng Zhang Hong Director
Chen Zhi Xiong Director
Ceng Fan Pei Director
Lu Jin Zhong senior management
Zhang Tai Sheng Supervisors
Huang Ji Xin senior management
Xu Sha Sheng Director

Fujian Longxi Bearing Group Co Headlines

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