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OKE Precision Cutting Tools Co (SHSE:688308) Price-to-Tangible-Book : 1.13 (As of May. 31, 2025)


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What is OKE Precision Cutting Tools Co Price-to-Tangible-Book?

As of today (2025-05-31), OKE Precision Cutting Tools Co's share price is ¥17.52. OKE Precision Cutting Tools Co's Tangible Book per Share of Mar. 2025 for the quarter that ended in Mar. 2025 was ¥15.47. Hence, OKE Precision Cutting Tools Co's Price to Tangible Book Ratio of today is 1.13.

The historical rank and industry rank for OKE Precision Cutting Tools Co's Price-to-Tangible-Book or its related term are showing as below:

SHSE:688308' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.11   Med: 2.92   Max: 5.33
Current: 1.13

During the past 8 years, OKE Precision Cutting Tools Co's highest Price to Tangible Book Ratio was 5.33. The lowest was 1.11. And the median was 2.92.

SHSE:688308's Price-to-Tangible-Book is ranked better than
75.43% of 2837 companies
in the Industrial Products industry
Industry Median: 2.29 vs SHSE:688308: 1.13

A closely related ratio is called PB Ratio. As of today, OKE Precision Cutting Tools Co's share price is ¥17.52. OKE Precision Cutting Tools Co's Book Value per Sharefor the quarter that ended in Mar. 2025 was ¥16.10. Hence, OKE Precision Cutting Tools Co's P/B Ratio of today is 1.09.


OKE Precision Cutting Tools Co Price-to-Tangible-Book Historical Data

The historical data trend for OKE Precision Cutting Tools 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.

OKE Precision Cutting Tools Co Price-to-Tangible-Book Chart

OKE Precision Cutting Tools Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Price-to-Tangible-Book
Get a 7-Day Free Trial 2.15 5.10 3.60 1.80 1.17

OKE Precision Cutting Tools Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.26 1.26 1.33 1.17 1.21

Competitive Comparison of OKE Precision Cutting Tools Co's Price-to-Tangible-Book

For the Tools & Accessories subindustry, OKE Precision Cutting Tools 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.


OKE Precision Cutting Tools Co's Price-to-Tangible-Book Distribution in the Industrial Products Industry

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

* The bar in red indicates where OKE Precision Cutting Tools Co's Price-to-Tangible-Book falls into.


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OKE Precision Cutting Tools Co Price-to-Tangible-Book Calculation

OKE Precision Cutting Tools Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2025 )
=17.52/15.466
=1.13

* 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.


OKE Precision Cutting Tools Co Price-to-Tangible-Book Related Terms

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


OKE Precision Cutting Tools Co Business Description

Traded in Other Exchanges
N/A
Address
No.8, Chuangye 4th Road, Small and Medium Enterprise Pioneer Park, Hunan Province. Lusong District, Yanling County, Zhuzhou, CHN, 412500
OKE Precision Cutting Tools Co Ltd is involved in the research and development, production and sales of cemented carbide products and CNC tool products. It offers CNC tool, carbide serrated blade, carbide disc and other cemented and carbide products.
Executives
Tan Wen Qing Director
Su Zhen Hua Director
Liang Bao Yu Director
Han Hong Tao Director
Yuan Mei He Director

OKE Precision Cutting Tools Co Headlines

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