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Guangdong Rifeng Electric Cable Co (SZSE:002953) Price-to-Tangible-Book : 2.57 (As of May. 22, 2024)


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What is Guangdong Rifeng Electric Cable Co Price-to-Tangible-Book?

As of today (2024-05-22), Guangdong Rifeng Electric Cable Co's share price is ¥11.51. Guangdong Rifeng Electric Cable Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥4.47. Hence, Guangdong Rifeng Electric Cable Co's Price to Tangible Book Ratio of today is 2.57.

The historical rank and industry rank for Guangdong Rifeng Electric Cable Co's Price-to-Tangible-Book or its related term are showing as below:

SZSE:002953' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.55   Med: 3.46   Max: 8.02
Current: 2.57

During the past 13 years, Guangdong Rifeng Electric Cable Co's highest Price to Tangible Book Ratio was 8.02. The lowest was 2.55. And the median was 3.46.

SZSE:002953's Price-to-Tangible-Book is ranked worse than
61.17% of 2300 companies
in the Hardware industry
Industry Median: 2.06 vs SZSE:002953: 2.57

A closely related ratio is called PB Ratio. As of today, Guangdong Rifeng Electric Cable Co's share price is ¥11.51. Guangdong Rifeng Electric Cable Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥5.09. Hence, Guangdong Rifeng Electric Cable Co's P/B Ratio of today is 2.26.


Guangdong Rifeng Electric Cable Co Price-to-Tangible-Book Historical Data

The historical data trend for Guangdong Rifeng Electric Cable 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.

Guangdong Rifeng Electric Cable Co Price-to-Tangible-Book Chart

Guangdong Rifeng Electric Cable 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 3.95 3.49 3.88 4.12 2.90

Guangdong Rifeng Electric Cable 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 3.01 3.11 2.89 2.90 2.59

Competitive Comparison of Guangdong Rifeng Electric Cable Co's Price-to-Tangible-Book

For the Electronics & Computer Distribution subindustry, Guangdong Rifeng Electric Cable 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.


Guangdong Rifeng Electric Cable Co's Price-to-Tangible-Book Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Guangdong Rifeng Electric Cable Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Guangdong Rifeng Electric Cable Co's Price-to-Tangible-Book falls into.



Guangdong Rifeng Electric Cable Co Price-to-Tangible-Book Calculation

Guangdong Rifeng Electric Cable 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 )
=11.51/4.472
=2.57

* 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.


Guangdong Rifeng Electric Cable Co Price-to-Tangible-Book Related Terms

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


Guangdong Rifeng Electric Cable Co (SZSE:002953) Business Description

Traded in Other Exchanges
N/A
Address
Guangfeng Industrial Park, West District, Guangdong Province, Zhongshan, CHN
Guangdong Rifeng Electric Cable Co Ltd is a wire and cable manufacturer. It produces all types of cables, including household wires, power cables, rubber cables, control cables, heavy mechanical cables, instrument cables, communication cables, marine cables, connecting cables and power cords. Products are widely used in household appliances, power engineering, petrochemical, metallurgy, construction machinery, communications engineering, wind power, environmental engineering, dam embankment engineering, instrumentation, computer communication control and other fields.

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