GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Anhui Shenjian New Materials Co Ltd (SZSE:002361) » Definitions » Price-to-Tangible-Book

Anhui Shenjian New Materials Co (SZSE:002361) Price-to-Tangible-Book : 1.75 (As of Jun. 19, 2024)


View and export this data going back to 2010. Start your Free Trial

What is Anhui Shenjian New Materials Co Price-to-Tangible-Book?

As of today (2024-06-19), Anhui Shenjian New Materials Co's share price is ¥3.51. Anhui Shenjian New Materials Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥2.00. Hence, Anhui Shenjian New Materials Co's Price to Tangible Book Ratio of today is 1.75.

The historical rank and industry rank for Anhui Shenjian New Materials Co's Price-to-Tangible-Book or its related term are showing as below:

SZSE:002361' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.61   Med: 2.74   Max: 6.09
Current: 1.76

During the past 13 years, Anhui Shenjian New Materials Co's highest Price to Tangible Book Ratio was 6.09. The lowest was 1.61. And the median was 2.74.

SZSE:002361's Price-to-Tangible-Book is ranked better than
50.47% of 1486 companies
in the Chemicals industry
Industry Median: 1.765 vs SZSE:002361: 1.76

A closely related ratio is called PB Ratio. As of today, Anhui Shenjian New Materials Co's share price is ¥3.51. Anhui Shenjian New Materials Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥2.42. Hence, Anhui Shenjian New Materials Co's P/B Ratio of today is 1.45.


Anhui Shenjian New Materials Co Price-to-Tangible-Book Historical Data

The historical data trend for Anhui Shenjian New Materials 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.

Anhui Shenjian New Materials Co Price-to-Tangible-Book Chart

Anhui Shenjian New Materials 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 2.57 3.35 2.66 1.94 1.97

Anhui Shenjian New Materials 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 2.00 1.94 1.96 1.97 1.82

Competitive Comparison of Anhui Shenjian New Materials Co's Price-to-Tangible-Book

For the Specialty Chemicals subindustry, Anhui Shenjian New Materials 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.


Anhui Shenjian New Materials Co's Price-to-Tangible-Book Distribution in the Chemicals Industry

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

* The bar in red indicates where Anhui Shenjian New Materials Co's Price-to-Tangible-Book falls into.



Anhui Shenjian New Materials Co Price-to-Tangible-Book Calculation

Anhui Shenjian New Materials 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 )
=3.51/2.003
=1.75

* 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.


Anhui Shenjian New Materials Co Price-to-Tangible-Book Related Terms

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


Anhui Shenjian New Materials Co (SZSE:002361) Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Baoshun Road, Qiaobei Industrial Park, Wuhu Economic and Technological Development Zone, Anhui Province, Wuhu, CHN, 241008
Anhui Shenjian New Materials Co Ltd is a China-based company engaged in producing and selling polyester resin series products for powder coatings in the field of new chemical materials. The products of the company include mixed terminal carboxyl polyester, outdoor type carboxylated polyester and PU curable resins. The company sells its products in China and other international countries.
Executives
Liu Zhi Jian Directors, executives
Li Bao Cai Directors, Directors, and Executives
Lu Guo Ping Independent director
Chen Shou Wu Director
Wu De Qing Supervisors
Lu Guo Ping Independent director
Wang Xue Liang Directors, executives
Wang Min Xue Directors, Directors, and Executives
Jia Tu Gang Supervisors

Anhui Shenjian New Materials Co (SZSE:002361) Headlines

No Headlines