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Liaoning Energy Industry Co (SHSE:600758) Price-to-Tangible-Book : 1.36 (As of May. 23, 2024)


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What is Liaoning Energy Industry Co Price-to-Tangible-Book?

As of today (2024-05-23), Liaoning Energy Industry Co's share price is ¥3.34. Liaoning Energy Industry Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥2.46. Hence, Liaoning Energy Industry Co's Price to Tangible Book Ratio of today is 1.36.

The historical rank and industry rank for Liaoning Energy Industry Co's Price-to-Tangible-Book or its related term are showing as below:

SHSE:600758' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.76   Med: 1.72   Max: 37.4
Current: 1.36

During the past 13 years, Liaoning Energy Industry Co's highest Price to Tangible Book Ratio was 37.40. The lowest was 0.76. And the median was 1.72.

SHSE:600758's Price-to-Tangible-Book is ranked better than
61.36% of 471 companies
in the Utilities - Regulated industry
Industry Median: 1.8 vs SHSE:600758: 1.36

A closely related ratio is called PB Ratio. As of today, Liaoning Energy Industry Co's share price is ¥3.34. Liaoning Energy Industry Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥4.07. Hence, Liaoning Energy Industry Co's P/B Ratio of today is 0.82.


Liaoning Energy Industry Co Price-to-Tangible-Book Historical Data

The historical data trend for Liaoning Energy Industry 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.

Liaoning Energy Industry Co Price-to-Tangible-Book Chart

Liaoning Energy Industry 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 1.53 1.59 1.81 1.67 1.56

Liaoning Energy Industry 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 1.60 1.81 1.69 1.56 1.29

Competitive Comparison of Liaoning Energy Industry Co's Price-to-Tangible-Book

For the Utilities - Regulated Electric subindustry, Liaoning Energy Industry 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.


Liaoning Energy Industry Co's Price-to-Tangible-Book Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Liaoning Energy Industry Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Liaoning Energy Industry Co's Price-to-Tangible-Book falls into.



Liaoning Energy Industry Co Price-to-Tangible-Book Calculation

Liaoning Energy Industry 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 )
=3.34/2.456
=1.36

* 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.


Liaoning Energy Industry Co Price-to-Tangible-Book Related Terms

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Liaoning Energy Industry Co (SHSE:600758) Business Description

Traded in Other Exchanges
N/A
Address
No. 1-1, Qingnian Street, Floor 29, Building 1, Shenhe District, Liaoning Province, Shenyang, CHN, 110000
Liaoning Energy Industry Co Ltd, formerly Liaoning Hongyang Energy Resource Invest Co Ltd is a China-based company engaged in electric power generation, heat supply, and steam supply.

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