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Jiangsu Guomao Reducer Co (SHSE:603915) Price-to-Tangible-Book : 2.56 (As of Jun. 13, 2024)


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What is Jiangsu Guomao Reducer Co Price-to-Tangible-Book?

As of today (2024-06-13), Jiangsu Guomao Reducer Co's share price is ¥13.40. Jiangsu Guomao Reducer Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥5.23. Hence, Jiangsu Guomao Reducer Co's Price to Tangible Book Ratio of today is 2.56.

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

SHSE:603915' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.53   Med: 4.51   Max: 7.6
Current: 2.56

During the past 10 years, Jiangsu Guomao Reducer Co's highest Price to Tangible Book Ratio was 7.60. The lowest was 2.53. And the median was 4.51.

SHSE:603915's Price-to-Tangible-Book is ranked worse than
59.79% of 2815 companies
in the Industrial Products industry
Industry Median: 2.06 vs SHSE:603915: 2.56

A closely related ratio is called PB Ratio. As of today, Jiangsu Guomao Reducer Co's share price is ¥13.40. Jiangsu Guomao Reducer Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥5.52. Hence, Jiangsu Guomao Reducer Co's P/B Ratio of today is 2.43.


Jiangsu Guomao Reducer Co Price-to-Tangible-Book Historical Data

The historical data trend for Jiangsu Guomao Reducer 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.

Jiangsu Guomao Reducer Co Price-to-Tangible-Book Chart

Jiangsu Guomao Reducer 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 3.23 5.28 6.62 4.51 3.22

Jiangsu Guomao Reducer 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 4.14 4.51 3.54 3.22 2.62

Competitive Comparison of Jiangsu Guomao Reducer Co's Price-to-Tangible-Book

For the Specialty Industrial Machinery subindustry, Jiangsu Guomao Reducer 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.


Jiangsu Guomao Reducer Co's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jiangsu Guomao Reducer Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Jiangsu Guomao Reducer Co's Price-to-Tangible-Book falls into.



Jiangsu Guomao Reducer Co Price-to-Tangible-Book Calculation

Jiangsu Guomao Reducer 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 )
=13.40/5.228
=2.56

* 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.


Jiangsu Guomao Reducer Co Price-to-Tangible-Book Related Terms

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Jiangsu Guomao Reducer Co (SHSE:603915) Business Description

Traded in Other Exchanges
N/A
Address
No.98 Longqian Road, Wujin High-Tech Zone, Jiangsu, Changzhou, CHN
Jiangsu Guomao Reducer Co Ltd is primarily involved in the research and development, manufacturing an sale of reducers and motors. It offers products such as Geared motor, Cycloidal reducer, Industrial gearbox, Planetary gearbox, plastic and rubber special reducer and other products.
Executives
Xu Bin Director
Tan Jia Ming senior management
Lu Yi Pin Director
Kong Dong Hua senior management
Wang Xiao Guang Director
Yang Wei Qing senior management
Hao Jian Nan senior management

Jiangsu Guomao Reducer Co (SHSE:603915) Headlines

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