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Zhejiang Kingland Pipeline and Technologies Co (SZSE:002443) Price-to-Tangible-Book : 0.92 (As of Jan. 18, 2025)


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What is Zhejiang Kingland Pipeline and Technologies Co Price-to-Tangible-Book?

As of today (2025-01-18), Zhejiang Kingland Pipeline and Technologies Co's share price is ¥5.82. Zhejiang Kingland Pipeline and Technologies Co's Tangible Book per Share of Sep. 2024 for the quarter that ended in Sep. 2024 was ¥6.36. Hence, Zhejiang Kingland Pipeline and Technologies Co's Price to Tangible Book Ratio of today is 0.92.

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

SZSE:002443' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.85   Med: 1.55   Max: 4.91
Current: 0.92

During the past 13 years, Zhejiang Kingland Pipeline and Technologies Co's highest Price to Tangible Book Ratio was 4.91. The lowest was 0.85. And the median was 1.55.

SZSE:002443's Price-to-Tangible-Book is ranked better than
51.79% of 614 companies
in the Steel industry
Industry Median: 0.96 vs SZSE:002443: 0.92

A closely related ratio is called PB Ratio. As of today, Zhejiang Kingland Pipeline and Technologies Co's share price is ¥5.82. Zhejiang Kingland Pipeline and Technologies Co's Book Value per Sharefor the quarter that ended in Sep. 2024 was ¥6.62. Hence, Zhejiang Kingland Pipeline and Technologies Co's P/B Ratio of today is 0.88.


Zhejiang Kingland Pipeline and Technologies Co Price-to-Tangible-Book Historical Data

The historical data trend for Zhejiang Kingland Pipeline and Technologies 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 Kingland Pipeline and Technologies Co Price-to-Tangible-Book Chart

Zhejiang Kingland Pipeline and Technologies 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 1.53 1.22 1.41 1.11 1.11

Zhejiang Kingland Pipeline and Technologies Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.15 1.11 1.03 0.85 0.96

Competitive Comparison of Zhejiang Kingland Pipeline and Technologies Co's Price-to-Tangible-Book

For the Steel subindustry, Zhejiang Kingland Pipeline and Technologies 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 Kingland Pipeline and Technologies Co's Price-to-Tangible-Book Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Zhejiang Kingland Pipeline and Technologies Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Zhejiang Kingland Pipeline and Technologies Co's Price-to-Tangible-Book falls into.



Zhejiang Kingland Pipeline and Technologies Co Price-to-Tangible-Book Calculation

Zhejiang Kingland Pipeline and Technologies Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2024 )
=5.82/6.358
=0.92

* 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 Kingland Pipeline and Technologies Co Price-to-Tangible-Book Related Terms

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Zhejiang Kingland Pipeline and Technologies Co Business Description

Traded in Other Exchanges
N/A
Address
No. 18, Taolin Road, Room 703, Block A, Huanqiu Guangchang, Pudong, Shanghai, CHN, 200135
Zhejiang Kingland Pipeline and Technologies Co Ltd is engaged in manufacturing and sales of welded steel pipe products. Its products include SAWL Pipe, HFW Pipe, SAWH Pipe, FBE/2PE/3PE Coated Pipe, and Hot-dip galvanized pipe/Black Pipe.
Executives
Shen Bai Fang Executives
Shen Gan Rong Directors, executives
Gu Su Min Director
Shen Yong Quan Executives
Dong Guo Hua Supervisors
Qian Li Xiong Executives
Xu Shui Rong Director
Yu Jin Fang Director
Zhou Xin Hua Director
Yang Wei Fang Executives
Wu Wei Ping Directors, executives
Yu Min Hong Directors, executives

Zhejiang Kingland Pipeline and Technologies Co Headlines

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