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Xiamen Solex High-Tech Industries Co (SHSE:603992) Price-to-Tangible-Book : 3.00 (As of Jun. 24, 2024)


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What is Xiamen Solex High-Tech Industries Co Price-to-Tangible-Book?

As of today (2024-06-24), Xiamen Solex High-Tech Industries Co's share price is ¥17.49. Xiamen Solex High-Tech Industries Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥5.84. Hence, Xiamen Solex High-Tech Industries Co's Price to Tangible Book Ratio of today is 3.00.

The historical rank and industry rank for Xiamen Solex High-Tech Industries Co's Price-to-Tangible-Book or its related term are showing as below:

SHSE:603992' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.58   Med: 3.42   Max: 5.61
Current: 2.99

During the past 9 years, Xiamen Solex High-Tech Industries Co's highest Price to Tangible Book Ratio was 5.61. The lowest was 2.58. And the median was 3.42.

SHSE:603992's Price-to-Tangible-Book is ranked worse than
75.78% of 1511 companies
in the Construction industry
Industry Median: 1.33 vs SHSE:603992: 2.99

A closely related ratio is called PB Ratio. As of today, Xiamen Solex High-Tech Industries Co's share price is ¥17.49. Xiamen Solex High-Tech Industries Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥6.60. Hence, Xiamen Solex High-Tech Industries Co's P/B Ratio of today is 2.65.


Xiamen Solex High-Tech Industries Co Price-to-Tangible-Book Historical Data

The historical data trend for Xiamen Solex High-Tech Industries 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.

Xiamen Solex High-Tech Industries Co Price-to-Tangible-Book Chart

Xiamen Solex High-Tech Industries Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only 4.57 3.80 4.25 3.42 3.22

Xiamen Solex High-Tech Industries 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 3.63 3.29 2.75 3.22 3.09

Competitive Comparison of Xiamen Solex High-Tech Industries Co's Price-to-Tangible-Book

For the Building Products & Equipment subindustry, Xiamen Solex High-Tech Industries 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.


Xiamen Solex High-Tech Industries Co's Price-to-Tangible-Book Distribution in the Construction Industry

For the Construction industry and Industrials sector, Xiamen Solex High-Tech Industries Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Xiamen Solex High-Tech Industries Co's Price-to-Tangible-Book falls into.



Xiamen Solex High-Tech Industries Co Price-to-Tangible-Book Calculation

Xiamen Solex High-Tech Industries 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 )
=17.49/5.839
=3.00

* 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.


Xiamen Solex High-Tech Industries Co Price-to-Tangible-Book Related Terms

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


Xiamen Solex High-Tech Industries Co (SHSE:603992) Business Description

Traded in Other Exchanges
N/A
Address
No. 18, Haijing East Road, A06, 4th Floor, Xiamen District, Fujian Province, China (Fujian) Free Trade Zone, Xiamen, CHN, 361026
Xiamen Solex High-Tech Industries Co Ltd is engaged in the designing and manufacturing of precision product lines, such as showers, hoses, faucets, shower systems, enclosures, cabinets and others.
Executives
Wei Ling Directors, senior managers
Wu Chao Hua Directors, senior managers
Cao Bin senior management
Chen Bin Directors, senior managers

Xiamen Solex High-Tech Industries Co (SHSE:603992) Headlines

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