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Caitong Securities Co (SHSE:601108) Price-to-Tangible-Book : 1.02 (As of May. 05, 2024)


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What is Caitong Securities Co Price-to-Tangible-Book?

As of today (2024-05-05), Caitong Securities Co's share price is ¥7.67. Caitong Securities Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥7.50. Hence, Caitong Securities Co's Price to Tangible Book Ratio of today is 1.02.

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

SHSE:601108' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.97   Med: 1.65   Max: 3.23
Current: 1.02

During the past 13 years, Caitong Securities Co's highest Price to Tangible Book Ratio was 3.23. The lowest was 0.97. And the median was 1.65.

SHSE:601108's Price-to-Tangible-Book is ranked worse than
62.65% of 1625 companies
in the Asset Management industry
Industry Median: 0.95 vs SHSE:601108: 1.02

A closely related ratio is called PB Ratio. As of today, Caitong Securities Co's share price is ¥7.67. Caitong Securities Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥7.57. Hence, Caitong Securities Co's P/B Ratio of today is 1.01.


Caitong Securities Co Price-to-Tangible-Book Historical Data

The historical data trend for Caitong Securities 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.

Caitong Securities Co Price-to-Tangible-Book Chart

Caitong Securities 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 1.94 1.97 1.61 1.01 1.05

Caitong Securities 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 1.05 1.01 1.09 1.05 0.99

Competitive Comparison of Caitong Securities Co's Price-to-Tangible-Book

For the Asset Management subindustry, Caitong Securities 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.


Caitong Securities Co's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Caitong Securities Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Caitong Securities Co's Price-to-Tangible-Book falls into.



Caitong Securities Co Price-to-Tangible-Book Calculation

Caitong Securities 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 )
=7.67/7.495
=1.02

* 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.


Caitong Securities Co Price-to-Tangible-Book Related Terms

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


Caitong Securities Co (SHSE:601108) Business Description

Traded in Other Exchanges
N/A
Address
No. 15 Hangda Road, Jiahua International Business Center, Room 201, 501, 502, 1103, 1601-1615, 1701-1716, Xihua District, Zhejiang province, Hangzhou, CHN, 310007
Caitong Securities Co Ltd is an investment company. It is engaged in the businesses such as wealth management, asset management, an investment bank, futures business, fund business private equity fund and other. Geographically the activities are carried out through China.

Caitong Securities Co (SHSE:601108) Headlines

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