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SPIC Industry-Finance Holdings Co (SZSE:000958) Price-to-Tangible-Book : 1.16 (As of Apr. 30, 2024)


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What is SPIC Industry-Finance Holdings Co Price-to-Tangible-Book?

As of today (2024-04-30), SPIC Industry-Finance Holdings Co's share price is ¥4.07. SPIC Industry-Finance Holdings Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥3.51. Hence, SPIC Industry-Finance Holdings Co's Price to Tangible Book Ratio of today is 1.16.

The historical rank and industry rank for SPIC Industry-Finance Holdings Co's Price-to-Tangible-Book or its related term are showing as below:

SZSE:000958' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.25   Med: 1.81   Max: 17.49
Current: 1.16

During the past 13 years, SPIC Industry-Finance Holdings Co's highest Price to Tangible Book Ratio was 17.49. The lowest was 0.25. And the median was 1.81.

SZSE:000958's Price-to-Tangible-Book is ranked better than
68.09% of 470 companies
in the Utilities - Regulated industry
Industry Median: 1.81 vs SZSE:000958: 1.16

A closely related ratio is called PB Ratio. As of today, SPIC Industry-Finance Holdings Co's share price is ¥4.07. SPIC Industry-Finance Holdings Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥3.66. Hence, SPIC Industry-Finance Holdings Co's P/B Ratio of today is 1.11.


SPIC Industry-Finance Holdings Co Price-to-Tangible-Book Historical Data

The historical data trend for SPIC Industry-Finance Holdings 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.

SPIC Industry-Finance Holdings Co Price-to-Tangible-Book Chart

SPIC Industry-Finance Holdings 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 0.42 1.61 1.63 1.36 1.14

SPIC Industry-Finance Holdings 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 1.28 1.28 1.25 1.14 1.06

Competitive Comparison of SPIC Industry-Finance Holdings Co's Price-to-Tangible-Book

For the Utilities - Regulated Electric subindustry, SPIC Industry-Finance Holdings 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.


SPIC Industry-Finance Holdings Co's Price-to-Tangible-Book Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, SPIC Industry-Finance Holdings Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where SPIC Industry-Finance Holdings Co's Price-to-Tangible-Book falls into.



SPIC Industry-Finance Holdings Co Price-to-Tangible-Book Calculation

SPIC Industry-Finance Holdings 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 )
=4.07/3.505
=1.16

* 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.


SPIC Industry-Finance Holdings Co Price-to-Tangible-Book Related Terms

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


SPIC Industry-Finance Holdings Co (SZSE:000958) Business Description

Traded in Other Exchanges
N/A
Address
No. 161 Jianhua South Street, Hebei Province, Shijiazhuang, CHN, 050031
SPIC Industry-Finance Holdings Co Ltd is engaged in the generation and distribution of heat, steam, and electricity for industrial, commercial and residential purposes.

SPIC Industry-Finance Holdings Co (SZSE:000958) Headlines

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