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Argus (Shanghai) Textile Chemicals Co (SHSE:603790) Price-to-Tangible-Book : 1.97 (As of May. 24, 2024)


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What is Argus (Shanghai) Textile Chemicals Co Price-to-Tangible-Book?

As of today (2024-05-24), Argus (Shanghai) Textile Chemicals Co's share price is ¥11.07. Argus (Shanghai) Textile Chemicals Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥5.62. Hence, Argus (Shanghai) Textile Chemicals Co's Price to Tangible Book Ratio of today is 1.97.

The historical rank and industry rank for Argus (Shanghai) Textile Chemicals Co's Price-to-Tangible-Book or its related term are showing as below:

SHSE:603790' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.62   Med: 2.21   Max: 5.08
Current: 1.97

During the past 10 years, Argus (Shanghai) Textile Chemicals Co's highest Price to Tangible Book Ratio was 5.08. The lowest was 1.62. And the median was 2.21.

SHSE:603790's Price-to-Tangible-Book is ranked worse than
53.84% of 1486 companies
in the Chemicals industry
Industry Median: 1.8 vs SHSE:603790: 1.97

A closely related ratio is called PB Ratio. As of today, Argus (Shanghai) Textile Chemicals Co's share price is ¥11.07. Argus (Shanghai) Textile Chemicals Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥6.23. Hence, Argus (Shanghai) Textile Chemicals Co's P/B Ratio of today is 1.78.


Argus (Shanghai) Textile Chemicals Co Price-to-Tangible-Book Historical Data

The historical data trend for Argus (Shanghai) Textile Chemicals 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.

Argus (Shanghai) Textile Chemicals Co Price-to-Tangible-Book Chart

Argus (Shanghai) Textile Chemicals 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 2.95 2.18 1.95 1.81 2.44

Argus (Shanghai) Textile Chemicals 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 2.00 2.65 2.36 2.44 1.84

Competitive Comparison of Argus (Shanghai) Textile Chemicals Co's Price-to-Tangible-Book

For the Specialty Chemicals subindustry, Argus (Shanghai) Textile Chemicals 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.


Argus (Shanghai) Textile Chemicals Co's Price-to-Tangible-Book Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Argus (Shanghai) Textile Chemicals Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Argus (Shanghai) Textile Chemicals Co's Price-to-Tangible-Book falls into.



Argus (Shanghai) Textile Chemicals Co Price-to-Tangible-Book Calculation

Argus (Shanghai) Textile Chemicals 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 )
=11.07/5.616
=1.97

* 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.


Argus (Shanghai) Textile Chemicals Co Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Argus (Shanghai) Textile Chemicals Co's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Argus (Shanghai) Textile Chemicals Co (SHSE:603790) Business Description

Traded in Other Exchanges
N/A
Address
No. 388 Jinyuan Liu Road, Jiangqiao, Jiading, Room 275-278, Building 16, Shanghai, CHN, 201812
Argus (Shanghai) Textile Chemicals Co Ltd is a Chinese company that manufactures dyes. The company is specialized in the research and development, manufacturing and marketing of textile chemicals and providing technical support services for several specialties. It offers Dyes for cellulose, polyamide, wool, polyester, and silk. While its other products categories include Argasoft products and other auxiliary services related to dying.
Executives
Xie Bing Directors, senior managers
Gu Zhe Dong Director
Xu Ya Qin senior management
Cheng Yu Qing senior management
Ceng Jian Ping Director
Hong Bin senior management
Zheng Yi Hua Director

Argus (Shanghai) Textile Chemicals Co (SHSE:603790) Headlines

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