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Satellite Chemical Co (SZSE:002648) Price-to-Tangible-Book : 2.08 (As of Sep. 23, 2024)


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What is Satellite Chemical Co Price-to-Tangible-Book?

As of today (2024-09-23), Satellite Chemical Co's share price is ¥14.93. Satellite Chemical Co's Tangible Book per Share of Jun. 2024 for the quarter that ended in Jun. 2024 was ¥7.18. Hence, Satellite Chemical Co's Price to Tangible Book Ratio of today is 2.08.

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

SZSE:002648' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.36   Med: 2.62   Max: 4.59
Current: 2.08

During the past 13 years, Satellite Chemical Co's highest Price to Tangible Book Ratio was 4.59. The lowest was 1.36. And the median was 2.62.

SZSE:002648's Price-to-Tangible-Book is ranked worse than
59.75% of 1493 companies
in the Chemicals industry
Industry Median: 1.64 vs SZSE:002648: 2.08

A closely related ratio is called PB Ratio. As of today, Satellite Chemical Co's share price is ¥14.93. Satellite Chemical Co's Book Value per Sharefor the quarter that ended in Jun. 2024 was ¥7.80. Hence, Satellite Chemical Co's P/B Ratio of today is 1.91.


Satellite Chemical Co Price-to-Tangible-Book Historical Data

The historical data trend for Satellite Chemical 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.

Satellite Chemical Co Price-to-Tangible-Book Chart

Satellite Chemical 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 2.08 2.52 3.76 2.53 2.10

Satellite Chemical Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 2.34 2.24 2.10 2.55 2.50

Competitive Comparison of Satellite Chemical Co's Price-to-Tangible-Book

For the Specialty Chemicals subindustry, Satellite Chemical 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.


Satellite Chemical Co's Price-to-Tangible-Book Distribution in the Chemicals Industry

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

* The bar in red indicates where Satellite Chemical Co's Price-to-Tangible-Book falls into.



Satellite Chemical Co Price-to-Tangible-Book Calculation

Satellite Chemical Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2024 )
=14.93/7.178
=2.08

* 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.


Satellite Chemical Co Price-to-Tangible-Book Related Terms

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


Satellite Chemical Co Business Description

Traded in Other Exchanges
N/A
Address
Bujiao Road, Jia’xing Industrial Park, Zhejiang, CHN, 314050
Satellite Chemical Co Ltd formerly Zhejiang Satellite Petrochemical Co Ltd is a China-based acrylic acid manufacturer. It is involved in integrating research and development, production, sales and logistics of propylene, polypropylene, acrylic acid, high purity acrylic acid to an acrylic ester, polymer emulsion and high absorbent resin.
Executives
Jin Feng Fu Executives
Liu Shi Gang Executives
Yang Yu Ying Director
Cai Yong Sheng Executives
Kong Dong Independent director

Satellite Chemical Co Headlines

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