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Zhejiang XiaSha Precision Manufacturing Co (SZSE:001306) Price-to-Tangible-Book : 2.70 (As of Jun. 23, 2024)


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What is Zhejiang XiaSha Precision Manufacturing Co Price-to-Tangible-Book?

As of today (2024-06-23), Zhejiang XiaSha Precision Manufacturing Co's share price is ¥56.11. Zhejiang XiaSha Precision Manufacturing Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥20.79. Hence, Zhejiang XiaSha Precision Manufacturing Co's Price to Tangible Book Ratio of today is 2.70.

The historical rank and industry rank for Zhejiang XiaSha Precision Manufacturing Co's Price-to-Tangible-Book or its related term are showing as below:

SZSE:001306' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.68   Med: 3.93   Max: 4.43
Current: 2.7

During the past 5 years, Zhejiang XiaSha Precision Manufacturing Co's highest Price to Tangible Book Ratio was 4.43. The lowest was 2.68. And the median was 3.93.

SZSE:001306's Price-to-Tangible-Book is ranked worse than
70.67% of 1207 companies
in the Vehicles & Parts industry
Industry Median: 1.6 vs SZSE:001306: 2.70

A closely related ratio is called PB Ratio. As of today, Zhejiang XiaSha Precision Manufacturing Co's share price is ¥56.11. Zhejiang XiaSha Precision Manufacturing Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥21.41. Hence, Zhejiang XiaSha Precision Manufacturing Co's P/B Ratio of today is 2.62.


Zhejiang XiaSha Precision Manufacturing Co Price-to-Tangible-Book Historical Data

The historical data trend for Zhejiang XiaSha Precision Manufacturing 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.

Zhejiang XiaSha Precision Manufacturing Co Price-to-Tangible-Book Chart

Zhejiang XiaSha Precision Manufacturing Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
- - - - 4.43

Zhejiang XiaSha Precision Manufacturing Co Quarterly Data
Dec19 Dec20 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 - - - 4.43 3.43

Competitive Comparison of Zhejiang XiaSha Precision Manufacturing Co's Price-to-Tangible-Book

For the Auto Parts subindustry, Zhejiang XiaSha Precision Manufacturing 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.


Zhejiang XiaSha Precision Manufacturing Co's Price-to-Tangible-Book Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Zhejiang XiaSha Precision Manufacturing Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Zhejiang XiaSha Precision Manufacturing Co's Price-to-Tangible-Book falls into.



Zhejiang XiaSha Precision Manufacturing Co Price-to-Tangible-Book Calculation

Zhejiang XiaSha Precision Manufacturing 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 )
=56.11/20.788
=2.70

* 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.


Zhejiang XiaSha Precision Manufacturing Co Price-to-Tangible-Book Related Terms

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Zhejiang XiaSha Precision Manufacturing Co (SZSE:001306) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 389, Rongji Road, Luotuo Industrial Zone, Zhenhai, Zhejiang, Ningbo, CHN, 315202
Zhejiang XiaSha Precision Manufacturing Co Ltd is engaged in research & development, production and sales of small module gears and related products.

Zhejiang XiaSha Precision Manufacturing Co (SZSE:001306) Headlines

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