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Ningbo Jintian Copper Group Co (SHSE:601609) Price-to-Tangible-Book : 1.24 (As of May. 01, 2024)


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What is Ningbo Jintian Copper Group Co Price-to-Tangible-Book?

As of today (2024-05-01), Ningbo Jintian Copper Group Co's share price is ¥6.48. Ningbo Jintian Copper Group Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ¥5.23. Hence, Ningbo Jintian Copper Group Co's Price to Tangible Book Ratio of today is 1.24.

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

SHSE:601609' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.24   Med: 1.64   Max: 2.38
Current: 1.24

During the past 11 years, Ningbo Jintian Copper Group Co's highest Price to Tangible Book Ratio was 2.38. The lowest was 1.24. And the median was 1.64.

SHSE:601609's Price-to-Tangible-Book is ranked better than
52.86% of 2238 companies
in the Metals & Mining industry
Industry Median: 1.33 vs SHSE:601609: 1.24

A closely related ratio is called PB Ratio. As of today, Ningbo Jintian Copper Group Co's share price is ¥6.48. Ningbo Jintian Copper Group Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was ¥5.58. Hence, Ningbo Jintian Copper Group Co's P/B Ratio of today is 1.16.


Ningbo Jintian Copper Group Co Price-to-Tangible-Book Historical Data

The historical data trend for Ningbo Jintian Copper 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.

Ningbo Jintian Copper Group Co Price-to-Tangible-Book Chart

Ningbo Jintian Copper 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 - 2.38 1.84 1.43 1.30

Ningbo Jintian Copper Group Co 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 1.43 1.40 1.33 1.31 1.30

Competitive Comparison of Ningbo Jintian Copper Group Co's Price-to-Tangible-Book

For the Copper subindustry, Ningbo Jintian Copper 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.


Ningbo Jintian Copper Group Co's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Ningbo Jintian Copper Group Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Ningbo Jintian Copper Group Co's Price-to-Tangible-Book falls into.



Ningbo Jintian Copper Group Co Price-to-Tangible-Book Calculation

Ningbo Jintian Copper Group Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=6.48/5.226
=1.24

* 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.


Ningbo Jintian Copper Group Co Price-to-Tangible-Book Related Terms

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Ningbo Jintian Copper Group Co (SHSE:601609) Business Description

Traded in Other Exchanges
N/A
Address
No.1 West West Road, Cicheng Town, Zhejiang Province, Ningbo, CHN, 315034
Ningbo Jintian Copper Group Co Ltd is engaged in production and sales of recycled copper smelting, copper product processing, deep processing and sintered NdFeB permanent magnet materials. Its activity includes nonferrous and ferrous metal rolling, processing; manufacturing and processing of grinding wheels, wires, motors, hardware, valves, electronic components, fasteners; enameled wire, electrolytic copper, copper rods, plates, tapes, wires, tubes, magnetic materials, stainless steel products.

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