GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Hangzhou Cogeneration Group Co Ltd (SHSE:605011) » Definitions » Price-to-Tangible-Book

Hangzhou Cogeneration Group Co (SHSE:605011) Price-to-Tangible-Book : 5.72 (As of May. 25, 2024)


View and export this data going back to 2021. Start your Free Trial

What is Hangzhou Cogeneration Group Co Price-to-Tangible-Book?

As of today (2024-05-25), Hangzhou Cogeneration Group Co's share price is ¥30.33. Hangzhou Cogeneration Group Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥5.30. Hence, Hangzhou Cogeneration Group Co's Price to Tangible Book Ratio of today is 5.72.

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

SHSE:605011' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.03   Med: 4.24   Max: 7.18
Current: 5.72

During the past 8 years, Hangzhou Cogeneration Group Co's highest Price to Tangible Book Ratio was 7.18. The lowest was 2.03. And the median was 4.24.

SHSE:605011's Price-to-Tangible-Book is ranked worse than
89.67% of 397 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.5 vs SHSE:605011: 5.72

A closely related ratio is called PB Ratio. As of today, Hangzhou Cogeneration Group Co's share price is ¥30.33. Hangzhou Cogeneration Group Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥5.57. Hence, Hangzhou Cogeneration Group Co's P/B Ratio of today is 5.44.


Hangzhou Cogeneration Group Co Price-to-Tangible-Book Historical Data

The historical data trend for Hangzhou Cogeneration Group 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.

Hangzhou Cogeneration Group Co Price-to-Tangible-Book Chart

Hangzhou Cogeneration Group Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial - - 4.72 3.16 4.83

Hangzhou Cogeneration Group Co Quarterly Data
Dec17 Dec18 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 3.07 7.18 5.11 4.83 4.27

Competitive Comparison of Hangzhou Cogeneration Group Co's Price-to-Tangible-Book

For the Utilities - Renewable subindustry, Hangzhou Cogeneration Group 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.


Hangzhou Cogeneration Group Co's Price-to-Tangible-Book Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Hangzhou Cogeneration Group Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Hangzhou Cogeneration Group Co's Price-to-Tangible-Book falls into.



Hangzhou Cogeneration Group Co Price-to-Tangible-Book Calculation

Hangzhou Cogeneration Group 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 )
=30.33/5.303
=5.72

* 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.


Hangzhou Cogeneration Group Co Price-to-Tangible-Book Related Terms

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


Hangzhou Cogeneration Group Co (SHSE:605011) Business Description

Traded in Other Exchanges
N/A
Address
Jiangnan Constellation, Changhe Street, Room 701, Unit 1, Building 2, Binjiang District, Zhejiang Province, Hangzhou, CHN, 310051
Hangzhou Cogeneration Group Co Ltd is primarily involved in the cogeneration and central heating in the industrial park.
Executives
Xu Yang Director

Hangzhou Cogeneration Group Co (SHSE:605011) Headlines

No Headlines