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Beijing Tianyishangjia New Material (SHSE:688033) Price-to-Tangible-Book : 0.79 (As of Jun. 06, 2024)


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What is Beijing Tianyishangjia New Material Price-to-Tangible-Book?

As of today (2024-06-06), Beijing Tianyishangjia New Material's share price is ¥6.44. Beijing Tianyishangjia New Material's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥8.19. Hence, Beijing Tianyishangjia New Material's Price to Tangible Book Ratio of today is 0.79.

The historical rank and industry rank for Beijing Tianyishangjia New Material's Price-to-Tangible-Book or its related term are showing as below:

SHSE:688033' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.78   Med: 3.24   Max: 7.03
Current: 0.79

During the past 8 years, Beijing Tianyishangjia New Material's highest Price to Tangible Book Ratio was 7.03. The lowest was 0.78. And the median was 3.24.

SHSE:688033's Price-to-Tangible-Book is ranked better than
76.85% of 877 companies
in the Transportation industry
Industry Median: 1.4 vs SHSE:688033: 0.79

A closely related ratio is called PB Ratio. As of today, Beijing Tianyishangjia New Material's share price is ¥6.44. Beijing Tianyishangjia New Material's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥9.07. Hence, Beijing Tianyishangjia New Material's P/B Ratio of today is 0.71.


Beijing Tianyishangjia New Material Price-to-Tangible-Book Historical Data

The historical data trend for Beijing Tianyishangjia New Material'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.

Beijing Tianyishangjia New Material Price-to-Tangible-Book Chart

Beijing Tianyishangjia New Material Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial 5.43 2.81 6.45 2.67 2.01

Beijing Tianyishangjia New Material 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 2.47 2.28 2.10 2.01 1.26

Competitive Comparison of Beijing Tianyishangjia New Material's Price-to-Tangible-Book

For the Railroads subindustry, Beijing Tianyishangjia New Material'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.


Beijing Tianyishangjia New Material's Price-to-Tangible-Book Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Beijing Tianyishangjia New Material's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Beijing Tianyishangjia New Material's Price-to-Tangible-Book falls into.



Beijing Tianyishangjia New Material Price-to-Tangible-Book Calculation

Beijing Tianyishangjia New Material's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=6.44/8.188
=0.79

* 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.


Beijing Tianyishangjia New Material Price-to-Tangible-Book Related Terms

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


Beijing Tianyishangjia New Material (SHSE:688033) Business Description

Traded in Other Exchanges
N/A
Address
500 meters north of South Railway Road, Xixinli Village, Shangzhuang Town, Haidian District, Beijing, CHN, 100094
Beijing Tianyishangjia New Material Corp Ltd Is engaged in the research and development, production and sales of powder metallurgy brakes and locomotives, urban rail brakes and brake shoes for high-speed trains.
Executives
Long Bo Core technical personnel
Hu Chen Core technical personnel
Wu Peng Directors, senior managers
Yang Kai Lin Directors, senior managers
Cheng Jing Lin Core technical personnel
Wu Pei Fang Director, core technical staff
Xia Fei senior management
Liu Shuai senior management
Cao Jing Wu Senior management, core technical personnel
Shi Jia Cai Rang Directors, senior managers, core technical personn
Hou Yu Bo senior management

Beijing Tianyishangjia New Material (SHSE:688033) Headlines

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