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Jiangxi Guoguang Commercial Chains Co (SHSE:605188) Price-to-Tangible-Book : 3.57 (As of May. 01, 2024)


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What is Jiangxi Guoguang Commercial Chains Co Price-to-Tangible-Book?

As of today (2024-05-01), Jiangxi Guoguang Commercial Chains Co's share price is ¥7.16. Jiangxi Guoguang Commercial Chains Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥2.00. Hence, Jiangxi Guoguang Commercial Chains Co's Price to Tangible Book Ratio of today is 3.57.

The historical rank and industry rank for Jiangxi Guoguang Commercial Chains Co's Price-to-Tangible-Book or its related term are showing as below:

SHSE:605188' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.57   Med: 4.37   Max: 5.86
Current: 3.58

During the past 8 years, Jiangxi Guoguang Commercial Chains Co's highest Price to Tangible Book Ratio was 5.86. The lowest was 3.57. And the median was 4.37.

SHSE:605188's Price-to-Tangible-Book is ranked worse than
71.78% of 971 companies
in the Retail - Cyclical industry
Industry Median: 1.82 vs SHSE:605188: 3.58

A closely related ratio is called PB Ratio. As of today, Jiangxi Guoguang Commercial Chains Co's share price is ¥7.16. Jiangxi Guoguang Commercial Chains Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥2.30. Hence, Jiangxi Guoguang Commercial Chains Co's P/B Ratio of today is 3.11.


Jiangxi Guoguang Commercial Chains Co Price-to-Tangible-Book Historical Data

The historical data trend for Jiangxi Guoguang Commercial Chains 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.

Jiangxi Guoguang Commercial Chains Co Price-to-Tangible-Book Chart

Jiangxi Guoguang Commercial Chains Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial - 4.94 4.00 5.30 4.37

Jiangxi Guoguang Commercial Chains 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 4.03 4.41 4.64 4.37 4.26

Competitive Comparison of Jiangxi Guoguang Commercial Chains Co's Price-to-Tangible-Book

For the Department Stores subindustry, Jiangxi Guoguang Commercial Chains 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.


Jiangxi Guoguang Commercial Chains Co's Price-to-Tangible-Book Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Jiangxi Guoguang Commercial Chains Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Jiangxi Guoguang Commercial Chains Co's Price-to-Tangible-Book falls into.



Jiangxi Guoguang Commercial Chains Co Price-to-Tangible-Book Calculation

Jiangxi Guoguang Commercial Chains 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 )
=7.16/2.004
=3.57

* 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.


Jiangxi Guoguang Commercial Chains Co Price-to-Tangible-Book Related Terms

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Jiangxi Guoguang Commercial Chains Co (SHSE:605188) Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Wentianxiang Avenue, Qingyuan District, Jiangxi Province, Ji'an, CHN, 343000
Jiangxi Guoguang Commercial Chains Co Ltd is engaged in the operation of chain supermarkets and department stores. The company has more than 50 stores in Jiangxi.

Jiangxi Guoguang Commercial Chains Co (SHSE:605188) Headlines

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