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Harbin VITI Electronic Co (SHSE:603023) Price-to-Tangible-Book : 1.41 (As of Sep. 22, 2024)


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What is Harbin VITI Electronic Co Price-to-Tangible-Book?

As of today (2024-09-22), Harbin VITI Electronic Co's share price is ¥1.92. Harbin VITI Electronic Co's Tangible Book per Share of Jun. 2024 for the quarter that ended in Jun. 2024 was ¥1.36. Hence, Harbin VITI Electronic Co's Price to Tangible Book Ratio of today is 1.41.

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

SHSE:603023' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.21   Med: 3.48   Max: 14.74
Current: 1.41

During the past 13 years, Harbin VITI Electronic Co's highest Price to Tangible Book Ratio was 14.74. The lowest was 1.21. And the median was 3.48.

SHSE:603023's Price-to-Tangible-Book is ranked better than
52.3% of 1216 companies
in the Vehicles & Parts industry
Industry Median: 1.515 vs SHSE:603023: 1.41

A closely related ratio is called PB Ratio. As of today, Harbin VITI Electronic Co's share price is ¥1.92. Harbin VITI Electronic Co's Book Value per Sharefor the quarter that ended in Jun. 2024 was ¥1.39. Hence, Harbin VITI Electronic Co's P/B Ratio of today is 1.39.


Harbin VITI Electronic Co Price-to-Tangible-Book Historical Data

The historical data trend for Harbin VITI Electronic 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.

Harbin VITI Electronic Co Price-to-Tangible-Book Chart

Harbin VITI Electronic 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 3.11 3.26 3.62 2.87 3.90

Harbin VITI Electronic Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 3.03 3.64 3.90 2.96 1.21

Competitive Comparison of Harbin VITI Electronic Co's Price-to-Tangible-Book

For the Auto Parts subindustry, Harbin VITI Electronic 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.


Harbin VITI Electronic Co's Price-to-Tangible-Book Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Harbin VITI Electronic Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Harbin VITI Electronic Co's Price-to-Tangible-Book falls into.



Harbin VITI Electronic Co Price-to-Tangible-Book Calculation

Harbin VITI Electronic Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2024 )
=1.92/1.361
=1.41

* 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.


Harbin VITI Electronic Co Price-to-Tangible-Book Related Terms

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


Harbin VITI Electronic Co Business Description

Traded in Other Exchanges
N/A
Address
No. 11 West Haping Road, High-tech Development District, Heilongjiang Province, Harbin, CHN, 150060
Harbin VITI Electronic Co Ltd is a domestic automotive electronic control product supplier. Its engaged in the research, manufacturing, and sale of electronic products for cars and buses. It's products include CAN bus control system, bus control unit, controller (ECU control unit), Combination of instruments, sensors and other products. The products are mainly used in passenger cars, trucks and military vehicles.
Executives
Wu Peng Cheng senior management
Cui Jian Min senior management
Chen Zhen Hua Directors, senior managers
Yu Qiong senior management
Bai Zhe Song Director
Zhou Bao Tian Supervisors
Liu Guo Ping Director
Lv You Gang senior management

Harbin VITI Electronic Co Headlines

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