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Changzhou Aohong Electronics Co (SHSE:605058) Price-to-Tangible-Book : 1.66 (As of May. 16, 2024)


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What is Changzhou Aohong Electronics Co Price-to-Tangible-Book?

As of today (2024-05-16), Changzhou Aohong Electronics Co's share price is ¥18.54. Changzhou Aohong Electronics Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥11.17. Hence, Changzhou Aohong Electronics Co's Price to Tangible Book Ratio of today is 1.66.

The historical rank and industry rank for Changzhou Aohong Electronics Co's Price-to-Tangible-Book or its related term are showing as below:

SHSE:605058' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.58   Med: 2.09   Max: 2.73
Current: 1.66

During the past 8 years, Changzhou Aohong Electronics Co's highest Price to Tangible Book Ratio was 2.73. The lowest was 1.58. And the median was 2.09.

SHSE:605058's Price-to-Tangible-Book is ranked better than
61.11% of 2304 companies
in the Hardware industry
Industry Median: 2.05 vs SHSE:605058: 1.66

A closely related ratio is called PB Ratio. As of today, Changzhou Aohong Electronics Co's share price is ¥18.54. Changzhou Aohong Electronics Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥11.55. Hence, Changzhou Aohong Electronics Co's P/B Ratio of today is 1.61.


Changzhou Aohong Electronics Co Price-to-Tangible-Book Historical Data

The historical data trend for Changzhou Aohong Electronics 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.

Changzhou Aohong Electronics Co Price-to-Tangible-Book Chart

Changzhou Aohong Electronics Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial - 2.73 2.62 1.81 2.09

Changzhou Aohong Electronics 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 2.09 2.13 2.04 2.09 1.58

Competitive Comparison of Changzhou Aohong Electronics Co's Price-to-Tangible-Book

For the Electronic Components subindustry, Changzhou Aohong Electronics 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.


Changzhou Aohong Electronics Co's Price-to-Tangible-Book Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Changzhou Aohong Electronics Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Changzhou Aohong Electronics Co's Price-to-Tangible-Book falls into.



Changzhou Aohong Electronics Co Price-to-Tangible-Book Calculation

Changzhou Aohong Electronics 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 )
=18.54/11.165
=1.66

* 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.


Changzhou Aohong Electronics Co Price-to-Tangible-Book Related Terms

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Changzhou Aohong Electronics Co (SHSE:605058) Business Description

Traded in Other Exchanges
N/A
Address
No. 15, Xinke Road, Xinbei District, Jiangsu Province, Changzhou, CHN, 213031
Changzhou Aohong Electronics Co Ltd is engaged in the production and sales of printed circuit boards (PCB). Its main products are single-sided PCB, double-sided PCB, multi-layer PCB and metal base, printed boards, tin-jet printed boards, carbon film boards and others. The products cover many fields such as household appliances, consumer electronics, power sources, network communications and automotive electronics.

Changzhou Aohong Electronics Co (SHSE:605058) Headlines

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