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Allied Machinery Co (SHSE:605060) Price-to-Tangible-Book : 1.44 (As of Sep. 24, 2024)


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What is Allied Machinery Co Price-to-Tangible-Book?

As of today (2024-09-24), Allied Machinery Co's share price is ¥12.26. Allied Machinery Co's Tangible Book per Share of Jun. 2024 for the quarter that ended in Jun. 2024 was ¥8.54. Hence, Allied Machinery Co's Price to Tangible Book Ratio of today is 1.44.

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

SHSE:605060' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.37   Med: 2.49   Max: 3.52
Current: 1.44

During the past 8 years, Allied Machinery Co's highest Price to Tangible Book Ratio was 3.52. The lowest was 1.37. And the median was 2.49.

SHSE:605060's Price-to-Tangible-Book is ranked better than
65.72% of 2824 companies
in the Industrial Products industry
Industry Median: 1.95 vs SHSE:605060: 1.44

A closely related ratio is called PB Ratio. As of today, Allied Machinery Co's share price is ¥12.26. Allied Machinery Co's Book Value per Sharefor the quarter that ended in Jun. 2024 was ¥9.29. Hence, Allied Machinery Co's P/B Ratio of today is 1.32.


Allied Machinery Co Price-to-Tangible-Book Historical Data

The historical data trend for Allied Machinery 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.

Allied Machinery Co Price-to-Tangible-Book Chart

Allied Machinery Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial - - 2.33 3.32 2.19

Allied Machinery Co Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 3.40 2.88 2.19 1.96 1.68

Competitive Comparison of Allied Machinery Co's Price-to-Tangible-Book

For the Specialty Industrial Machinery subindustry, Allied Machinery 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.


Allied Machinery Co's Price-to-Tangible-Book Distribution in the Industrial Products Industry

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

* The bar in red indicates where Allied Machinery Co's Price-to-Tangible-Book falls into.



Allied Machinery Co Price-to-Tangible-Book Calculation

Allied Machinery Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2024 )
=12.26/8.538
=1.44

* 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.


Allied Machinery Co Price-to-Tangible-Book Related Terms

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


Allied Machinery Co Business Description

Traded in Other Exchanges
N/A
Address
No. 77, 18th Street,, Economic and Technological Development Zone, Zhejiang Province, Hangzhou, CHN, 310018
Allied Machinery Co Ltd is a a full service provider of machined castings for industry. It supplies machined castings for industries worldwide.
Executives
Sun Yuan Director

Allied Machinery Co Headlines

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