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Jiangling Motors (SZSE:000550) Price-to-Tangible-Book : 2.29 (As of Jun. 15, 2024)


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What is Jiangling Motors Price-to-Tangible-Book?

As of today (2024-06-15), Jiangling Motors's share price is ¥23.59. Jiangling Motors's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥10.29. Hence, Jiangling Motors's Price to Tangible Book Ratio of today is 2.29.

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

SZSE:000550' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.01   Med: 1.86   Max: 3.52
Current: 2.29

During the past 13 years, Jiangling Motors's highest Price to Tangible Book Ratio was 3.52. The lowest was 1.01. And the median was 1.86.

SZSE:000550's Price-to-Tangible-Book is ranked worse than
65.29% of 1207 companies
in the Vehicles & Parts industry
Industry Median: 1.6 vs SZSE:000550: 2.29

A closely related ratio is called PB Ratio. As of today, Jiangling Motors's share price is ¥23.59. Jiangling Motors's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥12.55. Hence, Jiangling Motors's P/B Ratio of today is 1.88.


Jiangling Motors Price-to-Tangible-Book Historical Data

The historical data trend for Jiangling Motors'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.

Jiangling Motors Price-to-Tangible-Book Chart

Jiangling Motors Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.26 1.80 1.91 1.53 1.96

Jiangling Motors 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 1.60 1.54 1.88 1.96 2.93

Competitive Comparison of Jiangling Motors's Price-to-Tangible-Book

For the Auto Manufacturers subindustry, Jiangling Motors'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.


Jiangling Motors's Price-to-Tangible-Book Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Jiangling Motors's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Jiangling Motors's Price-to-Tangible-Book falls into.



Jiangling Motors Price-to-Tangible-Book Calculation

Jiangling Motors's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=23.59/10.291
=2.29

* 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.


Jiangling Motors Price-to-Tangible-Book Related Terms

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


Jiangling Motors (SZSE:000550) Business Description

Traded in Other Exchanges
Address
No. 509, Northern Yingbin Avenue, Jiangxi Province, Nanchang, CHN, 330001
Jiangling Motors Corp Ltd is an automobile manufacturing company domiciled in China. The company principally manufactures light commercial vehicles such as vans and pickup trucks, heavy commercial vehicles including heavy-duty trucks, sport utility vehicles, engines, castings, and related vehicle components. It derives the vast majority of revenue from commercial vehicles and SUVs. Jiangling Motors produces vehicles under the JMC, Yusheng, and Ford brands. The company earns revenue almost entirely domestically.
Executives
Zhu Shui Xing Executives
Tu Hong Feng Executives
Xu Lan Feng Supervisors

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