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Xiangtan Electrochemical Scientific Co (SZSE:002125) Price-to-Tangible-Book : 3.01 (As of May. 27, 2024)


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What is Xiangtan Electrochemical Scientific Co Price-to-Tangible-Book?

As of today (2024-05-27), Xiangtan Electrochemical Scientific Co's share price is ¥12.21. Xiangtan Electrochemical Scientific Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥4.06. Hence, Xiangtan Electrochemical Scientific Co's Price to Tangible Book Ratio of today is 3.01.

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

SZSE:002125' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.2   Med: 3.89   Max: 10.58
Current: 3.01

During the past 13 years, Xiangtan Electrochemical Scientific Co's highest Price to Tangible Book Ratio was 10.58. The lowest was 2.20. And the median was 3.89.

SZSE:002125's Price-to-Tangible-Book is ranked worse than
70.75% of 1487 companies
in the Chemicals industry
Industry Median: 1.81 vs SZSE:002125: 3.01

A closely related ratio is called PB Ratio. As of today, Xiangtan Electrochemical Scientific Co's share price is ¥12.21. Xiangtan Electrochemical Scientific Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥4.50. Hence, Xiangtan Electrochemical Scientific Co's P/B Ratio of today is 2.71.


Xiangtan Electrochemical Scientific Co Price-to-Tangible-Book Historical Data

The historical data trend for Xiangtan Electrochemical Scientific 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.

Xiangtan Electrochemical Scientific Co Price-to-Tangible-Book Chart

Xiangtan Electrochemical Scientific 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 2.84 3.23 4.04 4.05 2.68

Xiangtan Electrochemical Scientific 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 3.65 3.34 2.88 2.68 2.20

Competitive Comparison of Xiangtan Electrochemical Scientific Co's Price-to-Tangible-Book

For the Chemicals subindustry, Xiangtan Electrochemical Scientific 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.


Xiangtan Electrochemical Scientific Co's Price-to-Tangible-Book Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Xiangtan Electrochemical Scientific Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Xiangtan Electrochemical Scientific Co's Price-to-Tangible-Book falls into.



Xiangtan Electrochemical Scientific Co Price-to-Tangible-Book Calculation

Xiangtan Electrochemical Scientific 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 )
=12.21/4.062
=3.01

* 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.


Xiangtan Electrochemical Scientific Co Price-to-Tangible-Book Related Terms

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


Xiangtan Electrochemical Scientific Co (SZSE:002125) Business Description

Traded in Other Exchanges
N/A
Address
Heling Town, Yuhu District, Hunan Province, Xiangtan, CHN, 411131
Xiangtan Electrochemical Scientific Co Ltd is engaged in research, development, production, and sales of manganese dioxide, electrolytic metal manganese, battery materials and other new energy materials. The company is also engaged in production and sales of steam, use of waste heat and pressure of steam to generate electricity; metal materials, lubricants, Sales of petroleum asphalt, chemical products, and building materials.
Executives
Wang Jiong Supervisors
Ding Jian Qi Director
Tan Xin Qiao Directors, executives
Zhou Mi Qun Supervisors
Zhou Jian Supervisors

Xiangtan Electrochemical Scientific Co (SZSE:002125) Headlines

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