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Lifan Technology (Group) Co (SHSE:601777) Price-to-Tangible-Book : 1.83 (As of Jun. 25, 2024)


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What is Lifan Technology (Group) Co Price-to-Tangible-Book?

As of today (2024-06-25), Lifan Technology (Group) Co's share price is ¥3.28. Lifan Technology (Group) Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥1.80. Hence, Lifan Technology (Group) Co's Price to Tangible Book Ratio of today is 1.83.

The historical rank and industry rank for Lifan Technology (Group) Co's Price-to-Tangible-Book or its related term are showing as below:

SHSE:601777' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.88   Med: 2.14   Max: 3.99
Current: 1.82

During the past 13 years, Lifan Technology (Group) Co's highest Price to Tangible Book Ratio was 3.99. The lowest was 0.88. And the median was 2.14.

SHSE:601777's Price-to-Tangible-Book is ranked worse than
55.55% of 1208 companies
in the Vehicles & Parts industry
Industry Median: 1.565 vs SHSE:601777: 1.82

A closely related ratio is called PB Ratio. As of today, Lifan Technology (Group) Co's share price is ¥3.28. Lifan Technology (Group) Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥2.29. Hence, Lifan Technology (Group) Co's P/B Ratio of today is 1.43.


Lifan Technology (Group) Co Price-to-Tangible-Book Historical Data

The historical data trend for Lifan Technology (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.

Lifan Technology (Group) Co Price-to-Tangible-Book Chart

Lifan Technology (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 2.72 2.34 2.99 1.95 2.00

Lifan Technology (Group) 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 1.94 1.95 2.11 2.00 1.77

Competitive Comparison of Lifan Technology (Group) Co's Price-to-Tangible-Book

For the Auto Manufacturers subindustry, Lifan Technology (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.


Lifan Technology (Group) Co's Price-to-Tangible-Book Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Lifan Technology (Group) Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Lifan Technology (Group) Co's Price-to-Tangible-Book falls into.



Lifan Technology (Group) Co Price-to-Tangible-Book Calculation

Lifan Technology (Group) 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 )
=3.28/1.797
=1.83

* 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.


Lifan Technology (Group) Co Price-to-Tangible-Book Related Terms

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


Lifan Technology (Group) Co (SHSE:601777) Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Huanghuan North Road, Jinshan Avenue, Liangjiang New District, Chongqing, CHN, 400707
Lifan Technology (Group) Co Ltd is mainly engaged in the research and development, production and sale (including export) of automobile, motorcycle, and engine, integrating investment and financial services.
Executives
Tang Xiao Dong senior management
Yang Yong Kang Director
Mou Gang senior management
Tuo Yong Gui Supervisors
He Yuan Han Supervisors
Wen Qi Yuan Supervisors
Lan Ting Qin Supervisors
Shang You senior management
Hao Ting Mu senior management

Lifan Technology (Group) Co (SHSE:601777) Headlines

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