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Beijing Shougang Co (SZSE:000959) Price-to-Tangible-Book : 0.50 (As of Jun. 23, 2024)


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What is Beijing Shougang Co Price-to-Tangible-Book?

As of today (2024-06-23), Beijing Shougang Co's share price is ¥2.80. Beijing Shougang Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥5.58. Hence, Beijing Shougang Co's Price to Tangible Book Ratio of today is 0.50.

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

SZSE:000959' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.5   Med: 0.99   Max: 1.62
Current: 0.5

During the past 13 years, Beijing Shougang Co's highest Price to Tangible Book Ratio was 1.62. The lowest was 0.50. And the median was 0.99.

SZSE:000959's Price-to-Tangible-Book is ranked better than
79.14% of 604 companies
in the Steel industry
Industry Median: 1.03 vs SZSE:000959: 0.50

A closely related ratio is called PB Ratio. As of today, Beijing Shougang Co's share price is ¥2.80. Beijing Shougang Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥6.34. Hence, Beijing Shougang Co's P/B Ratio of today is 0.44.


Beijing Shougang Co Price-to-Tangible-Book Historical Data

The historical data trend for Beijing Shougang 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.

Beijing Shougang Co Price-to-Tangible-Book Chart

Beijing Shougang 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 0.78 0.81 1.03 0.67 0.62

Beijing Shougang 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 0.70 0.64 0.68 0.62 0.57

Competitive Comparison of Beijing Shougang Co's Price-to-Tangible-Book

For the Steel subindustry, Beijing Shougang 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.


Beijing Shougang Co's Price-to-Tangible-Book Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Beijing Shougang Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Beijing Shougang Co's Price-to-Tangible-Book falls into.



Beijing Shougang Co Price-to-Tangible-Book Calculation

Beijing Shougang 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 )
=2.80/5.575
=0.50

* 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.


Beijing Shougang Co Price-to-Tangible-Book Related Terms

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


Beijing Shougang Co (SZSE:000959) Business Description

Traded in Other Exchanges
N/A
Address
No. 99 Shijingshan Road, Shijingshan District, Beijing, CHN, 100041
Beijing Shougang Co Ltd is a steelmaker in China. The company produces a wide range of steel products. It has a complete production process such as cooking, ironmaking, steelmaking, steel rolling and heat treatment. The products of the company are electrical steel, automotive panels, tinplates, pipeline steel, home appliances, and other high-end sheet products. Its only operating segment being Iron and steel.
Executives
Guo Li Yan Supervisors
Chen Yi Secretary Dong
Wang Jian Wei Executives
Liu Cheng Executives
Wang Yi Director
Wu Zheng Executives

Beijing Shougang Co (SZSE:000959) Headlines

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