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Shanghai Longcheer Technology Co (SHSE:603341) Price-to-Tangible-Book : 3.89 (As of Jun. 06, 2024)


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What is Shanghai Longcheer Technology Co Price-to-Tangible-Book?

As of today (2024-06-06), Shanghai Longcheer Technology Co's share price is ¥41.26. Shanghai Longcheer Technology Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥10.62. Hence, Shanghai Longcheer Technology Co's Price to Tangible Book Ratio of today is 3.89.

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

SHSE:603341' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.88   Med: 4.69   Max: 4.69
Current: 3.89

During the past 9 years, Shanghai Longcheer Technology Co's highest Price to Tangible Book Ratio was 4.69. The lowest was 3.88. And the median was 4.69.

SHSE:603341's Price-to-Tangible-Book is ranked worse than
77.91% of 2300 companies
in the Hardware industry
Industry Median: 2.08 vs SHSE:603341: 3.89

A closely related ratio is called PB Ratio. As of today, Shanghai Longcheer Technology Co's share price is ¥41.26. Shanghai Longcheer Technology Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥11.60. Hence, Shanghai Longcheer Technology Co's P/B Ratio of today is 3.56.


Shanghai Longcheer Technology Co Price-to-Tangible-Book Historical Data

The historical data trend for Shanghai Longcheer 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 Longcheer Technology Co Price-to-Tangible-Book Chart

Shanghai Longcheer Technology Co Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec19 Dec20 Dec21 Dec22
Price-to-Tangible-Book
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Shanghai Longcheer Technology Co Quarterly Data
Dec12 Dec13 Dec14 Jun15 Dec15 Dec16 Jun17 Dec19 Dec20 Dec21 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 - - - - 4.69

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

For the Consumer Electronics subindustry, Shanghai Longcheer 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 Longcheer Technology Co's Price-to-Tangible-Book Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shanghai Longcheer Technology Co's Price-to-Tangible-Book distribution charts can be found below:

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



Shanghai Longcheer Technology Co Price-to-Tangible-Book Calculation

Shanghai Longcheer 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 )
=41.26/10.619
=3.89

* 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 Longcheer Technology Co Price-to-Tangible-Book Related Terms

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Shanghai Longcheer Technology Co (SHSE:603341) Business Description

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