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Zhejiangnhua Intelligent Controls Co (SZSE:002050) Price-to-Tangible-Book : 5.07 (As of Jun. 07, 2024)


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What is Zhejiangnhua Intelligent Controls Co Price-to-Tangible-Book?

As of today (2024-06-07), Zhejiangnhua Intelligent Controls Co's share price is ¥23.51. Zhejiangnhua Intelligent Controls Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥4.64. Hence, Zhejiangnhua Intelligent Controls Co's Price to Tangible Book Ratio of today is 5.07.

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

SZSE:002050' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.95   Med: 5.16   Max: 9.29
Current: 5.07

During the past 13 years, Zhejiangnhua Intelligent Controls Co's highest Price to Tangible Book Ratio was 9.29. The lowest was 2.95. And the median was 5.16.

SZSE:002050's Price-to-Tangible-Book is ranked worse than
83.5% of 2819 companies
in the Industrial Products industry
Industry Median: 2.02 vs SZSE:002050: 5.07

A closely related ratio is called PB Ratio. As of today, Zhejiangnhua Intelligent Controls Co's share price is ¥23.51. Zhejiangnhua Intelligent Controls Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥4.89. Hence, Zhejiangnhua Intelligent Controls Co's P/B Ratio of today is 4.81.


Zhejiangnhua Intelligent Controls Co Price-to-Tangible-Book Historical Data

The historical data trend for Zhejiangnhua Intelligent Controls 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.

Zhejiangnhua Intelligent Controls Co Price-to-Tangible-Book Chart

Zhejiangnhua Intelligent Controls 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 5.49 9.29 8.70 6.24 6.44

Zhejiangnhua Intelligent Controls 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 7.21 8.33 6.77 6.44 5.12

Competitive Comparison of Zhejiangnhua Intelligent Controls Co's Price-to-Tangible-Book

For the Specialty Industrial Machinery subindustry, Zhejiangnhua Intelligent Controls 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.


Zhejiangnhua Intelligent Controls Co's Price-to-Tangible-Book Distribution in the Industrial Products Industry

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

* The bar in red indicates where Zhejiangnhua Intelligent Controls Co's Price-to-Tangible-Book falls into.



Zhejiangnhua Intelligent Controls Co Price-to-Tangible-Book Calculation

Zhejiangnhua Intelligent Controls 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 )
=23.51/4.639
=5.07

* 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.


Zhejiangnhua Intelligent Controls Co Price-to-Tangible-Book Related Terms

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Zhejiangnhua Intelligent Controls Co (SZSE:002050) Business Description

Traded in Other Exchanges
N/A
Address
Xiali Street, Qixing Street, Xinchang County, Zhejiang Province, Shaoxing, CHN, 312500
Zhejiang Sanhua Intelligent Controls Co Ltd is an HVAC&R manufacturer of controls and components. It is engaged in the research and development, manufacture and distribution of refrigeration and air-conditioning control components, which include 4-way reversing valves, solenoid valves, and electronic expansion valves. The products offered by the company are standard controls and line components, customized controls and line components, electronic controls, and micro-channel heat exchanger. The products have application in air conditioning, commercial refrigeration, heat pump and home appliances. The organization supplies its products in China and internationally.
Executives
Ni Xiao Ming Director
Hu Kai Cheng Secretary Dong
Wang Da Yong Directors, executives
Yu Ying Kui Executives
Zhang Ya Bo Directors, executives
Chen Xiao Ming Supervisors
Chen Yu Zhong Directors, executives
Wang Yu Tong Securities Affairs Representative
Weng Wei Feng Supervisors
Shi Chu Liang Director
Liu Fei Executives
Du An Lin Executives
Li Wen Xiang Director
Yu Shu Li Director

Zhejiangnhua Intelligent Controls Co (SZSE:002050) Headlines

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