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Opple Lighting Co (SHSE:603515) Price-to-Tangible-Book : 2.18 (As of May. 04, 2024)


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What is Opple Lighting Co Price-to-Tangible-Book?

As of today (2024-05-04), Opple Lighting Co's share price is ¥18.20. Opple Lighting Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥8.34. Hence, Opple Lighting Co's Price to Tangible Book Ratio of today is 2.18.

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

SHSE:603515' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.93   Med: 4.3   Max: 8.04
Current: 2.18

During the past 13 years, Opple Lighting Co's highest Price to Tangible Book Ratio was 8.04. The lowest was 1.93. And the median was 4.30.

SHSE:603515's Price-to-Tangible-Book is ranked worse than
59.18% of 392 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.75 vs SHSE:603515: 2.18

A closely related ratio is called PB Ratio. As of today, Opple Lighting Co's share price is ¥18.20. Opple Lighting Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥8.86. Hence, Opple Lighting Co's P/B Ratio of today is 2.05.


Opple Lighting Co Price-to-Tangible-Book Historical Data

The historical data trend for Opple Lighting 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.

Opple Lighting Co Price-to-Tangible-Book Chart

Opple Lighting 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 4.35 4.65 2.88 2.05 2.06

Opple Lighting 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 2.51 2.64 2.60 2.06 1.93

Competitive Comparison of Opple Lighting Co's Price-to-Tangible-Book

For the Furnishings, Fixtures & Appliances subindustry, Opple Lighting 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.


Opple Lighting Co's Price-to-Tangible-Book Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Opple Lighting Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Opple Lighting Co's Price-to-Tangible-Book falls into.



Opple Lighting Co Price-to-Tangible-Book Calculation

Opple Lighting 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 )
=18.20/8.34
=2.18

* 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.


Opple Lighting Co Price-to-Tangible-Book Related Terms

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


Opple Lighting Co (SHSE:603515) Business Description

Traded in Other Exchanges
N/A
Address
The MIXC, Lane 1799, Wuzhong Road, Building 3, Minhang District, Shanghai, CHN, 201103
Opple Lighting Co Ltd is a China-based integrated lighting manufacturing company. It offers electrical appliances to large-scale commercial lighting solutions. The products of the company are LED light source, LED home luminaires and LED professional luminaires. Its other products range from lamps and ceiling fixtures to electrical appliances.

Opple Lighting Co (SHSE:603515) Headlines

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