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Miracle Automation Engineering Co (SZSE:002009) Price-to-Tangible-Book : 3.58 (As of May. 25, 2024)


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What is Miracle Automation Engineering Co Price-to-Tangible-Book?

As of today (2024-05-25), Miracle Automation Engineering Co's share price is ¥12.64. Miracle Automation Engineering Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥3.53. Hence, Miracle Automation Engineering Co's Price to Tangible Book Ratio of today is 3.58.

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

SZSE:002009' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.79   Med: 3.84   Max: 8.01
Current: 3.58

During the past 13 years, Miracle Automation Engineering Co's highest Price to Tangible Book Ratio was 8.01. The lowest was 1.79. And the median was 3.84.

SZSE:002009's Price-to-Tangible-Book is ranked worse than
72.96% of 2833 companies
in the Industrial Products industry
Industry Median: 2.11 vs SZSE:002009: 3.58

A closely related ratio is called PB Ratio. As of today, Miracle Automation Engineering Co's share price is ¥12.64. Miracle Automation Engineering Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥5.19. Hence, Miracle Automation Engineering Co's P/B Ratio of today is 2.44.


Miracle Automation Engineering Co Price-to-Tangible-Book Historical Data

The historical data trend for Miracle Automation Engineering 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.

Miracle Automation Engineering Co Price-to-Tangible-Book Chart

Miracle Automation Engineering 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 1.84 3.33 7.21 3.79 4.30

Miracle Automation Engineering 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 4.90 5.23 3.37 4.30 4.20

Competitive Comparison of Miracle Automation Engineering Co's Price-to-Tangible-Book

For the Specialty Industrial Machinery subindustry, Miracle Automation Engineering 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.


Miracle Automation Engineering Co's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Miracle Automation Engineering Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Miracle Automation Engineering Co's Price-to-Tangible-Book falls into.



Miracle Automation Engineering Co Price-to-Tangible-Book Calculation

Miracle Automation Engineering 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 )
=12.64/3.532
=3.58

* 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.


Miracle Automation Engineering Co Price-to-Tangible-Book Related Terms

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


Miracle Automation Engineering Co (SZSE:002009) Business Description

Traded in Other Exchanges
N/A
Address
No 288 Luojing Road, Luoshe town, Huishan District, Jiangsu Province, Wuxi, CHN
Miracle Automation Engineering Co Ltd is engaged in the design, manufacture, and installation of logistics systems, optical electromechanical integration projects, and a wind power generator in China.
Executives
Li Ming Bo Executives
Zhang Yu Xing Secretary, Director
Shen Xian Feng Executives
Shen Bao Wei Directors, executives
Directors, executives
Chou Xue Qin Executives
Li Feng Bao Supervisors
Bai Kai Jun Director
Yang Lei Directors, executives
Zhang Yuan Xing Supervisors

Miracle Automation Engineering Co (SZSE:002009) Headlines

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