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Jiangsu Broadcasting Cable Information Network (SHSE:600959) Price-to-Tangible-Book : 0.71 (As of May. 01, 2024)


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What is Jiangsu Broadcasting Cable Information Network Price-to-Tangible-Book?

As of today (2024-05-01), Jiangsu Broadcasting Cable Information Network's share price is ¥3.06. Jiangsu Broadcasting Cable Information Network's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ¥4.32. Hence, Jiangsu Broadcasting Cable Information Network's Price to Tangible Book Ratio of today is 0.71.

The historical rank and industry rank for Jiangsu Broadcasting Cable Information Network's Price-to-Tangible-Book or its related term are showing as below:

SHSE:600959' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.69   Med: 0.95   Max: 5.23
Current: 0.71

During the past 13 years, Jiangsu Broadcasting Cable Information Network's highest Price to Tangible Book Ratio was 5.23. The lowest was 0.69. And the median was 0.95.

SHSE:600959's Price-to-Tangible-Book is ranked better than
81.34% of 777 companies
in the Media - Diversified industry
Industry Median: 1.92 vs SHSE:600959: 0.71

A closely related ratio is called PB Ratio. As of today, Jiangsu Broadcasting Cable Information Network's share price is ¥3.06. Jiangsu Broadcasting Cable Information Network's Book Value per Sharefor the quarter that ended in Dec. 2023 was ¥4.45. Hence, Jiangsu Broadcasting Cable Information Network's P/B Ratio of today is 0.69.


Jiangsu Broadcasting Cable Information Network Price-to-Tangible-Book Historical Data

The historical data trend for Jiangsu Broadcasting Cable Information Network'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.

Jiangsu Broadcasting Cable Information Network Price-to-Tangible-Book Chart

Jiangsu Broadcasting Cable Information Network 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 0.95 0.79 0.78 0.69 0.73

Jiangsu Broadcasting Cable Information Network Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.69 0.78 0.79 0.74 0.73

Competitive Comparison of Jiangsu Broadcasting Cable Information Network's Price-to-Tangible-Book

For the Broadcasting subindustry, Jiangsu Broadcasting Cable Information Network'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.


Jiangsu Broadcasting Cable Information Network's Price-to-Tangible-Book Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Jiangsu Broadcasting Cable Information Network's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Jiangsu Broadcasting Cable Information Network's Price-to-Tangible-Book falls into.



Jiangsu Broadcasting Cable Information Network Price-to-Tangible-Book Calculation

Jiangsu Broadcasting Cable Information Network's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=3.06/4.321
=0.71

* 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.


Jiangsu Broadcasting Cable Information Network Price-to-Tangible-Book Related Terms

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Jiangsu Broadcasting Cable Information Network (SHSE:600959) Business Description

Traded in Other Exchanges
N/A
Address
Number 4, Beijing East Road, 25th Floor, Jiangsu Radio and Television City, Jiangsu Province, Nanjing, CHN, 210008
Jiangsu Broadcasting Cable Information Network Corp Ltd is a China-based company engaged in the construction and operation of broadcasting and television networks, the development and operation of radio and television program transmission, data broadband services and digital TV value-added services.

Jiangsu Broadcasting Cable Information Network (SHSE:600959) Headlines

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