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Delong Composite Energy Group Co (SZSE:000593) Price-to-Tangible-Book : 3.11 (As of Jun. 15, 2024)


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What is Delong Composite Energy Group Co Price-to-Tangible-Book?

As of today (2024-06-15), Delong Composite Energy Group Co's share price is ¥4.90. Delong Composite Energy Group Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥1.58. Hence, Delong Composite Energy Group Co's Price to Tangible Book Ratio of today is 3.11.

The historical rank and industry rank for Delong Composite Energy Group Co's Price-to-Tangible-Book or its related term are showing as below:

SZSE:000593' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.73   Med: 3.87   Max: 8.65
Current: 3.11

During the past 13 years, Delong Composite Energy Group Co's highest Price to Tangible Book Ratio was 8.65. The lowest was 2.73. And the median was 3.87.

SZSE:000593's Price-to-Tangible-Book is ranked worse than
77% of 474 companies
in the Utilities - Regulated industry
Industry Median: 1.75 vs SZSE:000593: 3.11

A closely related ratio is called PB Ratio. As of today, Delong Composite Energy Group Co's share price is ¥4.90. Delong Composite Energy Group Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥2.40. Hence, Delong Composite Energy Group Co's P/B Ratio of today is 2.04.


Delong Composite Energy Group Co Price-to-Tangible-Book Historical Data

The historical data trend for Delong Composite Energy Group 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.

Delong Composite Energy Group Co Price-to-Tangible-Book Chart

Delong Composite Energy Group Co 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 3.88 3.79 3.54 3.89 4.81

Delong Composite Energy Group 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 3.81 3.71 3.86 4.81 3.50

Competitive Comparison of Delong Composite Energy Group Co's Price-to-Tangible-Book

For the Utilities - Regulated Gas subindustry, Delong Composite Energy Group 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.


Delong Composite Energy Group Co's Price-to-Tangible-Book Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Delong Composite Energy Group Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Delong Composite Energy Group Co's Price-to-Tangible-Book falls into.



Delong Composite Energy Group Co Price-to-Tangible-Book Calculation

Delong Composite Energy Group 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 )
=4.90/1.578
=3.11

* 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.


Delong Composite Energy Group Co Price-to-Tangible-Book Related Terms

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


Delong Composite Energy Group Co (SZSE:000593) Business Description

Traded in Other Exchanges
N/A
Address
No. 55 Jianshe Road, Sichuan Province, Chengdu, CHN, 610051
Delong Composite Energy Group Co Ltd formerly Sichuan Datong Gas Development Co Ltd is a city pipeline gas distributor in China.
Executives
Su Qi Xiang Supervisors
Li Li Independent director
Cai Ming Directors, executives
Li Zhan Tong Director
Li Li Executives
Zheng Shu Min Directors, executives

Delong Composite Energy Group Co (SZSE:000593) Headlines

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