GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Zhejiang Jinghua Laser Technology Co Ltd (SHSE:603607) » Definitions » Price-to-Tangible-Book

Zhejiang Jinghua Laser Technology Co (SHSE:603607) Price-to-Tangible-Book : 2.66 (As of Jun. 13, 2024)


View and export this data going back to 2017. Start your Free Trial

What is Zhejiang Jinghua Laser Technology Co Price-to-Tangible-Book?

As of today (2024-06-13), Zhejiang Jinghua Laser Technology Co's share price is ¥13.12. Zhejiang Jinghua Laser Technology Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥4.94. Hence, Zhejiang Jinghua Laser Technology Co's Price to Tangible Book Ratio of today is 2.66.

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

SHSE:603607' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.56   Med: 3.58   Max: 5.57
Current: 2.66

During the past 11 years, Zhejiang Jinghua Laser Technology Co's highest Price to Tangible Book Ratio was 5.57. The lowest was 2.56. And the median was 3.58.

SHSE:603607's Price-to-Tangible-Book is ranked worse than
78.93% of 356 companies
in the Packaging & Containers industry
Industry Median: 1.375 vs SHSE:603607: 2.66

A closely related ratio is called PB Ratio. As of today, Zhejiang Jinghua Laser Technology Co's share price is ¥13.12. Zhejiang Jinghua Laser Technology Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥5.78. Hence, Zhejiang Jinghua Laser Technology Co's P/B Ratio of today is 2.27.


Zhejiang Jinghua Laser Technology Co Price-to-Tangible-Book Historical Data

The historical data trend for Zhejiang Jinghua Laser 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.

Zhejiang Jinghua Laser Technology Co Price-to-Tangible-Book Chart

Zhejiang Jinghua Laser Technology 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 4.22 3.60 3.55 2.71 3.84

Zhejiang Jinghua Laser Technology 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 2.97 3.23 3.66 3.84 3.26

Competitive Comparison of Zhejiang Jinghua Laser Technology Co's Price-to-Tangible-Book

For the Packaging & Containers subindustry, Zhejiang Jinghua Laser 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.


Zhejiang Jinghua Laser Technology Co's Price-to-Tangible-Book Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Zhejiang Jinghua Laser Technology Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Zhejiang Jinghua Laser Technology Co's Price-to-Tangible-Book falls into.



Zhejiang Jinghua Laser Technology Co Price-to-Tangible-Book Calculation

Zhejiang Jinghua Laser 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 )
=13.12/4.938
=2.66

* 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.


Zhejiang Jinghua Laser Technology Co Price-to-Tangible-Book Related Terms

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


Zhejiang Jinghua Laser Technology Co (SHSE:603607) Business Description

Traded in Other Exchanges
N/A
Address
Zhejiang Province High-tech Industrial Development Zone, Shaoxing, CHN, 312000
Zhejiang Jinghua Laser Technology Co Ltd is a national high-tech enterprise specializing in the manufacture, sales and technology development of laser holographic molded products in China. Its products range include laser holographic anti-counterfeiting film and anti-counterfeiting paper. Its products are widely used in laser holographic anti-counterfeiting packaging in the fields of cigarettes, wine, cosmetics, and food.
Executives
Zhang Jian Fen Supervisors
Yuan Jian Feng Director
Jiang Jian Gen senior management
Chen Jin Tong Director
Xiong Jian Hua Director
Xie Gao Xiang Directors, senior managers
Sun Jian Cheng Directors, senior managers
Qi Qi Fan senior management
Shao Bo senior management
Feng Yi Ping Directors, senior managers
Feng Yi Hong senior management
Xie Wei Dong Supervisors
Qian Ming Jun Director
Wang Fu Qing Supervisors

Zhejiang Jinghua Laser Technology Co (SHSE:603607) Headlines

No Headlines