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Xizi Clean Energy Equipment Manufacturing Co (SZSE:002534) Price-to-Tangible-Book : 2.26 (As of May. 01, 2024)


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What is Xizi Clean Energy Equipment Manufacturing Co Price-to-Tangible-Book?

As of today (2024-05-01), Xizi Clean Energy Equipment Manufacturing Co's share price is ¥10.85. Xizi Clean Energy Equipment Manufacturing Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥4.80. Hence, Xizi Clean Energy Equipment Manufacturing Co's Price to Tangible Book Ratio of today is 2.26.

The historical rank and industry rank for Xizi Clean Energy Equipment Manufacturing Co's Price-to-Tangible-Book or its related term are showing as below:

SZSE:002534' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.4   Med: 2.99   Max: 7.31
Current: 2.4

During the past 13 years, Xizi Clean Energy Equipment Manufacturing Co's highest Price to Tangible Book Ratio was 7.31. The lowest was 1.40. And the median was 2.99.

SZSE:002534's Price-to-Tangible-Book is ranked worse than
56.02% of 2822 companies
in the Industrial Products industry
Industry Median: 2.115 vs SZSE:002534: 2.40

A closely related ratio is called PB Ratio. As of today, Xizi Clean Energy Equipment Manufacturing Co's share price is ¥10.85. Xizi Clean Energy Equipment Manufacturing Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥5.58. Hence, Xizi Clean Energy Equipment Manufacturing Co's P/B Ratio of today is 1.94.


Xizi Clean Energy Equipment Manufacturing Co Price-to-Tangible-Book Historical Data

The historical data trend for Xizi Clean Energy Equipment Manufacturing 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.

Xizi Clean Energy Equipment Manufacturing Co Price-to-Tangible-Book Chart

Xizi Clean Energy Equipment Manufacturing 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 1.92 2.19 7.31 3.52 2.76

Xizi Clean Energy Equipment Manufacturing 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 3.51 3.85 2.93 2.76 2.16

Competitive Comparison of Xizi Clean Energy Equipment Manufacturing Co's Price-to-Tangible-Book

For the Specialty Industrial Machinery subindustry, Xizi Clean Energy Equipment Manufacturing 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.


Xizi Clean Energy Equipment Manufacturing Co's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Xizi Clean Energy Equipment Manufacturing Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Xizi Clean Energy Equipment Manufacturing Co's Price-to-Tangible-Book falls into.



Xizi Clean Energy Equipment Manufacturing Co Price-to-Tangible-Book Calculation

Xizi Clean Energy Equipment Manufacturing 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 )
=10.85/4.799
=2.26

* 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.


Xizi Clean Energy Equipment Manufacturing Co Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Xizi Clean Energy Equipment Manufacturing Co's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Xizi Clean Energy Equipment Manufacturing Co (SZSE:002534) Business Description

Traded in Other Exchanges
N/A
Address
1216 Danonggang Road, Hangzhou, CHN, 310021
Xizi Clean Energy Equipment Manufacturing Co Ltd formerly Hangzhou Boiler Group Co Ltd is engaged in providing boiler, pressure vessel, environmental protection & new energy equipment and other products with R & D, production, sales, consulting, installation and other engineering services. The product offerings of the company include Flue-gas purifier, HP Heater, LP feedwater heater, Deaerator, Condenser and Chain stoker boiler among others.

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