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YingTong Telecommunication Co (SZSE:002861) Price-to-Tangible-Book : 2.06 (As of May. 26, 2024)


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What is YingTong Telecommunication Co Price-to-Tangible-Book?

As of today (2024-05-26), YingTong Telecommunication Co's share price is ¥9.12. YingTong Telecommunication Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥4.43. Hence, YingTong Telecommunication Co's Price to Tangible Book Ratio of today is 2.06.

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

SZSE:002861' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.95   Med: 2.77   Max: 4.77
Current: 2.06

During the past 13 years, YingTong Telecommunication Co's highest Price to Tangible Book Ratio was 4.77. The lowest was 1.95. And the median was 2.77.

SZSE:002861's Price-to-Tangible-Book is ranked better than
50.04% of 2298 companies
in the Hardware industry
Industry Median: 2.06 vs SZSE:002861: 2.06

A closely related ratio is called PB Ratio. As of today, YingTong Telecommunication Co's share price is ¥9.12. YingTong Telecommunication Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥5.37. Hence, YingTong Telecommunication Co's P/B Ratio of today is 1.70.


YingTong Telecommunication Co Price-to-Tangible-Book Historical Data

The historical data trend for YingTong Telecommunication 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.

YingTong Telecommunication Co Price-to-Tangible-Book Chart

YingTong Telecommunication 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 4.51 2.72 2.49 2.10 3.31

YingTong Telecommunication 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 2.56 2.44 2.59 3.31 2.42

Competitive Comparison of YingTong Telecommunication Co's Price-to-Tangible-Book

For the Communication Equipment subindustry, YingTong Telecommunication 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.


YingTong Telecommunication Co's Price-to-Tangible-Book Distribution in the Hardware Industry

For the Hardware industry and Technology sector, YingTong Telecommunication Co's Price-to-Tangible-Book distribution charts can be found below:

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



YingTong Telecommunication Co Price-to-Tangible-Book Calculation

YingTong Telecommunication 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 )
=9.12/4.433
=2.06

* 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.


YingTong Telecommunication Co Price-to-Tangible-Book Related Terms

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


YingTong Telecommunication Co (SZSE:002861) Business Description

Traded in Other Exchanges
N/A
Address
Xinta Community, Economic Development Zone, Tongcheng County, Hubei Province, Lishui, CHN, 437400
YingTong Telecommunication Co Ltd, formerly Hubei Yingtong Telecommunication Cable Co Ltd is a Chinese company engaged in offering solutions in the field of communication wire and electro-acoustic products. It is engaged in the research and development, production and sales of earphone wire, data cable, semi-finished earphone, earphone finished product, and smart wearables.
Executives
Zuo Gui Ming Director
Huang Hui Directors, executives
Wu Zhong Jia Executives
Xiao Jin Ming Director
Zuo Sun E Director

YingTong Telecommunication Co (SZSE:002861) Headlines

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