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Meisheng Cultural and Creative (SZSE:002699) Price-to-Tangible-Book : 0.51 (As of May. 30, 2024)


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What is Meisheng Cultural and Creative Price-to-Tangible-Book?

As of today (2024-05-30), Meisheng Cultural and Creative's share price is ¥0.41. Meisheng Cultural and Creative's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥0.81. Hence, Meisheng Cultural and Creative's Price to Tangible Book Ratio of today is 0.51.

The historical rank and industry rank for Meisheng Cultural and Creative's Price-to-Tangible-Book or its related term are showing as below:

SZSE:002699' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.51   Med: 3.51   Max: 21.31
Current: 0.51

During the past 13 years, Meisheng Cultural and Creative's highest Price to Tangible Book Ratio was 21.31. The lowest was 0.51. And the median was 3.51.

SZSE:002699's Price-to-Tangible-Book is ranked better than
78.24% of 478 companies
in the Conglomerates industry
Industry Median: 1.155 vs SZSE:002699: 0.51

A closely related ratio is called PB Ratio. As of today, Meisheng Cultural and Creative's share price is ¥0.41. Meisheng Cultural and Creative's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥1.13. Hence, Meisheng Cultural and Creative's P/B Ratio of today is 0.36.


Meisheng Cultural and Creative Price-to-Tangible-Book Historical Data

The historical data trend for Meisheng Cultural and Creative'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.

Meisheng Cultural and Creative Price-to-Tangible-Book Chart

Meisheng Cultural and Creative 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 3.27 2.89 4.02 3.37 1.78

Meisheng Cultural and Creative 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 3.47 1.72 1.73 1.78 1.17

Competitive Comparison of Meisheng Cultural and Creative's Price-to-Tangible-Book

For the Conglomerates subindustry, Meisheng Cultural and Creative'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.


Meisheng Cultural and Creative's Price-to-Tangible-Book Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Meisheng Cultural and Creative's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Meisheng Cultural and Creative's Price-to-Tangible-Book falls into.



Meisheng Cultural and Creative Price-to-Tangible-Book Calculation

Meisheng Cultural and Creative's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=0.41/0.809
=0.51

* 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.


Meisheng Cultural and Creative Price-to-Tangible-Book Related Terms

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Meisheng Cultural and Creative (SZSE:002699) Business Description

Traded in Other Exchanges
N/A
Address
Xinchang Provincial High-tech Park, Zhejiang Province, Shaoxing, CHN, 312500
Meisheng Cultural and Creative Corp Ltd is a China-based company principally engaged in culture industry related businesses. The company's products mainly include Intellectual Property (IP) derivatives, traditional derivatives, animation, games, films and television and other cultural industry products.
Executives
Zhang Yan Executives
Pan Jing Executives
Shu Min Independent director
Zhu Lin Fang Executives
Xiong Xu Feng Executives
Yuan Xian Miao Directors, executives
Chen Wen Independent director

Meisheng Cultural and Creative (SZSE:002699) Headlines

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