Hangzhou Hota M&E Holdings Co (SZSE:001225) Price-to-Tangible-Book : 1.43 (As of May. 26, 2024)

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What is Hangzhou Hota M&E Holdings Co Price-to-Tangible-Book?

As of today (2024-05-26), Hangzhou Hota M&E Holdings Co's share price is ¥31.32. Hangzhou Hota M&E Holdings Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥21.88. Hence, Hangzhou Hota M&E Holdings Co's Price to Tangible Book Ratio of today is 1.43.

The historical rank and industry rank for Hangzhou Hota M&E Holdings Co's Price-to-Tangible-Book or its related term are showing as below:

SZSE:001225' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.43 Med: 1.99 Max: 2.33
Current: 1.43

During the past 6 years, Hangzhou Hota M&E Holdings Co's highest Price to Tangible Book Ratio was 2.33. The lowest was 1.43. And the median was 1.99.

SZSE:001225's Price-to-Tangible-Book is ranked better than
68.66% of 2833 companies
in the Industrial Products industry
Industry Median: 2.11 vs SZSE:001225: 1.43

A closely related ratio is called PB Ratio. As of today, Hangzhou Hota M&E Holdings Co's share price is ¥31.32. Hangzhou Hota M&E Holdings Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥22.71. Hence, Hangzhou Hota M&E Holdings Co's P/B Ratio of today is 1.38.

Hangzhou Hota M&E Holdings Co Price-to-Tangible-Book Historical Data

The historical data trend for Hangzhou Hota M&E 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.

Hangzhou Hota M&E Holdings Co Price-to-Tangible-Book Chart

Hangzhou Hota M&E Holdings Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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1.82

Hangzhou Hota M&E Holdings Co Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial									2.33	2.22	1.99	1.82	1.56

Competitive Comparison of Hangzhou Hota M&E Holdings Co's Price-to-Tangible-Book

For the Specialty Industrial Machinery subindustry, Hangzhou Hota M&E 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.

Hangzhou Hota M&E Holdings Co's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hangzhou Hota M&E Holdings Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Hangzhou Hota M&E Holdings Co's Price-to-Tangible-Book falls into.

Hangzhou Hota M&E Holdings Co Price-to-Tangible-Book Calculation

Hangzhou Hota M&E 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 )
	=	31.32	/	21.884
	=	1.43

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.

Hangzhou Hota M&E Holdings Co Price-to-Tangible-Book Related Terms

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Hangzhou Hota M&E Holdings Co (SZSE:001225) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hangzhou Hota M&E Holdings Co Ltd (SZSE:001225) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1201, Tonghui North Road, Ningwei Street, Xiaoshan District, Zhejiang Province, Hangzhou, CHN, 311215

Website

http://www.hota.com.cn

Hangzhou Hota M&E Holdings Co Ltd is engaged in the research and development, design, manufacture and sales of material handling equipment. The company's main products include plate chain bucket elevators, belt bucket elevators and other series of conveying equipment and accessories, which are widely used in cement building materials, ports, steel, chemical and other industries, providing customers with environmentally friendly and efficient bulk materials Handling solutions.

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