GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shanghai Zhongchen Electronic Technology Co Ltd (SHSE:603275) » Definitions » Price-to-Tangible-Book

Shanghai Zhongchen Electronic Technology Co (SHSE:603275) Price-to-Tangible-Book : 1.68 (As of Jun. 24, 2024)


View and export this data going back to 2023. Start your Free Trial

What is Shanghai Zhongchen Electronic Technology Co Price-to-Tangible-Book?

As of today (2024-06-24), Shanghai Zhongchen Electronic Technology Co's share price is ¥29.83. Shanghai Zhongchen Electronic Technology Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥17.74. Hence, Shanghai Zhongchen Electronic Technology Co's Price to Tangible Book Ratio of today is 1.68.

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

SHSE:603275' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.67   Med: 2.32   Max: 2.7
Current: 1.68

During the past 5 years, Shanghai Zhongchen Electronic Technology Co's highest Price to Tangible Book Ratio was 2.70. The lowest was 1.67. And the median was 2.32.

SHSE:603275's Price-to-Tangible-Book is ranked better than
59.66% of 2826 companies
in the Industrial Products industry
Industry Median: 2.01 vs SHSE:603275: 1.68

A closely related ratio is called PB Ratio. As of today, Shanghai Zhongchen Electronic Technology Co's share price is ¥29.83. Shanghai Zhongchen Electronic Technology Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥18.13. Hence, Shanghai Zhongchen Electronic Technology Co's P/B Ratio of today is 1.65.


Shanghai Zhongchen Electronic Technology Co Price-to-Tangible-Book Historical Data

The historical data trend for Shanghai Zhongchen Electronic Technology 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.

Shanghai Zhongchen Electronic Technology Co Price-to-Tangible-Book Chart

Shanghai Zhongchen Electronic Technology Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
- - - - 2.32

Shanghai Zhongchen Electronic Technology Co Quarterly Data
Dec19 Dec20 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 - - 2.70 2.32 2.01

Competitive Comparison of Shanghai Zhongchen Electronic Technology Co's Price-to-Tangible-Book

For the Electrical Equipment & Parts subindustry, Shanghai Zhongchen Electronic Technology 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.


Shanghai Zhongchen Electronic Technology Co's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shanghai Zhongchen Electronic Technology Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Shanghai Zhongchen Electronic Technology Co's Price-to-Tangible-Book falls into.



Shanghai Zhongchen Electronic Technology Co Price-to-Tangible-Book Calculation

Shanghai Zhongchen Electronic Technology 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 )
=29.83/17.743
=1.68

* 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.


Shanghai Zhongchen Electronic Technology Co Price-to-Tangible-Book Related Terms

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


Shanghai Zhongchen Electronic Technology Co (SHSE:603275) Business Description

Traded in Other Exchanges
N/A
Address
No. 3768 Yexin Road, Maogang Town, Songjiang, Shanghai, CHN, 201607
Shanghai Zhongchen Electronic Technology Co Ltd is a high-tech enterprise focusing on the research and development, production, sales and service of electric transmission and industrial automation products. The company's main products are variable frequency drives, servo drive systems and electric new energy vehicle drives. The company has a wide range of products, among which medium and low-voltage variable frequency drives are divided into two categories: general-purpose products and industry-specific products.

Shanghai Zhongchen Electronic Technology Co (SHSE:603275) Headlines

No Headlines