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Shandong Intco Recycling Resources Co (SHSE:688087) Price-to-Tangible-Book : 2.57 (As of May. 29, 2024)


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What is Shandong Intco Recycling Resources Co Price-to-Tangible-Book?

As of today (2024-05-29), Shandong Intco Recycling Resources Co's share price is ¥29.34. Shandong Intco Recycling Resources Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥11.43. Hence, Shandong Intco Recycling Resources Co's Price to Tangible Book Ratio of today is 2.57.

The historical rank and industry rank for Shandong Intco Recycling Resources Co's Price-to-Tangible-Book or its related term are showing as below:

SHSE:688087' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.16   Med: 2.83   Max: 7.14
Current: 2.57

During the past 7 years, Shandong Intco Recycling Resources Co's highest Price to Tangible Book Ratio was 7.14. The lowest was 2.16. And the median was 2.83.

SHSE:688087's Price-to-Tangible-Book is ranked worse than
59.04% of 188 companies
in the Waste Management industry
Industry Median: 2.08 vs SHSE:688087: 2.57

A closely related ratio is called PB Ratio. As of today, Shandong Intco Recycling Resources Co's share price is ¥29.34. Shandong Intco Recycling Resources Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥12.30. Hence, Shandong Intco Recycling Resources Co's P/B Ratio of today is 2.39.


Shandong Intco Recycling Resources Co Price-to-Tangible-Book Historical Data

The historical data trend for Shandong Intco Recycling Resources 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.

Shandong Intco Recycling Resources Co Price-to-Tangible-Book Chart

Shandong Intco Recycling Resources Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial - - 7.14 2.37 2.18

Shandong Intco Recycling Resources Co Quarterly Data
Dec18 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 2.83 2.16 2.20 2.18 2.22

Competitive Comparison of Shandong Intco Recycling Resources Co's Price-to-Tangible-Book

For the Waste Management subindustry, Shandong Intco Recycling Resources 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.


Shandong Intco Recycling Resources Co's Price-to-Tangible-Book Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Shandong Intco Recycling Resources Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Shandong Intco Recycling Resources Co's Price-to-Tangible-Book falls into.



Shandong Intco Recycling Resources Co Price-to-Tangible-Book Calculation

Shandong Intco Recycling Resources 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 )
=29.34/11.43
=2.57

* 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.


Shandong Intco Recycling Resources Co Price-to-Tangible-Book Related Terms

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Shandong Intco Recycling Resources Co (SHSE:688087) Business Description

Traded in Other Exchanges
N/A
Address
Qingtian Road, Qilu Chemical Industrial Park, Linzi District, Shandong Province, Zibo, CHN, 255414
Shandong Intco Recycling Resources Co Ltd is an innovative plastic recycling and recycling company. It is mainly engaged in the recycling and utilization of renewable plastics.

Shandong Intco Recycling Resources Co (SHSE:688087) Headlines

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