Xiangyang Automobile Bearing Co (SZSE:000678) Price-to-Tangible-Book : 4.16 (As of May. 15, 2024)

View and export this data going back to 1997. Start your Free Trial

What is Xiangyang Automobile Bearing Co Price-to-Tangible-Book?

As of today (2024-05-15), Xiangyang Automobile Bearing Co's share price is ¥4.78. Xiangyang Automobile Bearing Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥1.15. Hence, Xiangyang Automobile Bearing Co's Price to Tangible Book Ratio of today is 4.16.

The historical rank and industry rank for Xiangyang Automobile Bearing Co's Price-to-Tangible-Book or its related term are showing as below:

SZSE:000678' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.3 Med: 3.8 Max: 8.02
Current: 4.16

During the past 13 years, Xiangyang Automobile Bearing Co's highest Price to Tangible Book Ratio was 8.02. The lowest was 2.30. And the median was 3.80.

SZSE:000678's Price-to-Tangible-Book is ranked worse than
81.15% of 1199 companies
in the Vehicles & Parts industry
Industry Median: 1.7 vs SZSE:000678: 4.16

A closely related ratio is called PB Ratio. As of today, Xiangyang Automobile Bearing Co's share price is ¥4.78. Xiangyang Automobile Bearing Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥1.76. Hence, Xiangyang Automobile Bearing Co's P/B Ratio of today is 2.71.

Xiangyang Automobile Bearing Co Price-to-Tangible-Book Historical Data

The historical data trend for Xiangyang Automobile Bearing 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.

Xiangyang Automobile Bearing Co Price-to-Tangible-Book Chart

Xiangyang Automobile Bearing Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

3.59

2.79

2.87

4.24

5.36

Xiangyang Automobile Bearing 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															4.48	6.37	5.28	5.36	4.83

Competitive Comparison of Xiangyang Automobile Bearing Co's Price-to-Tangible-Book

For the Auto Parts subindustry, Xiangyang Automobile Bearing 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.

Xiangyang Automobile Bearing Co's Price-to-Tangible-Book Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Xiangyang Automobile Bearing Co's Price-to-Tangible-Book falls into.

Xiangyang Automobile Bearing Co Price-to-Tangible-Book Calculation

Xiangyang Automobile Bearing 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 )
	=	4.78	/	1.148
	=	4.16

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Xiangyang Automobile Bearing Co Price-to-Tangible-Book Related Terms

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

Xiangyang Automobile Bearing Co (SZSE:000678) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Xiangyang Automobile Bearing Co Ltd (SZSE:000678) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 97 Dengcheng Avenue, Hubei Province, Xiangyang, CHN, 441057

Website

http://www.zxy.com.cn

Xiangyang Automobile Bearing Co Ltd is primarily engaged in the manufacture and sales of bearings and accessories, automobile spare parts, mechanical and electronic devices, bearing equipment and related components in China. The products of the group are exported to Europe, America and Southeast Asia and other countries and regions. Further it has set up around 28 sales branches throughout the country, and hold up to 14 distribution centers. The sales and service network covers all major cities.

Xiangyang Automobile Bearing Co (SZSE:000678) Headlines

No Headlines