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Changzhou Tiansheng New Materials Group Co (SZSE:300169) Price-to-Tangible-Book : (As of May. 30, 2025)


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What is Changzhou Tiansheng New Materials Group Co Price-to-Tangible-Book?

As of today (2025-05-30), Changzhou Tiansheng New Materials Group Co's share price is ¥7.92. Changzhou Tiansheng New Materials Group Co's Tangible Book per Share of Mar. 2025 for the quarter that ended in Mar. 2025 was ¥-0.18. Hence, Changzhou Tiansheng New Materials Group Co's Price to Tangible Book Ratio of today is .

The historical rank and industry rank for Changzhou Tiansheng New Materials Group Co's Price-to-Tangible-Book or its related term are showing as below:

During the past 13 years, Changzhou Tiansheng New Materials Group Co's highest Price to Tangible Book Ratio was 205.14. The lowest was 1.90. And the median was 4.60.

SZSE:300169's Price-to-Tangible-Book is not ranked *
in the Chemicals industry.
Industry Median: 1.73
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Changzhou Tiansheng New Materials Group Co's share price is ¥7.92. Changzhou Tiansheng New Materials Group Co's Book Value per Sharefor the quarter that ended in Mar. 2025 was ¥0.10. Hence, Changzhou Tiansheng New Materials Group Co's P/B Ratio of today is 79.20.


Changzhou Tiansheng New Materials Group Co Price-to-Tangible-Book Historical Data

The historical data trend for Changzhou Tiansheng New Materials Group 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.

Changzhou Tiansheng New Materials Group Co Price-to-Tangible-Book Chart

Changzhou Tiansheng New Materials Group Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.61 6.58 8.45 205.14 -

Changzhou Tiansheng New Materials Group Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 192.19 70.15 117.32 - -

Competitive Comparison of Changzhou Tiansheng New Materials Group Co's Price-to-Tangible-Book

For the Chemicals subindustry, Changzhou Tiansheng New Materials Group 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.


Changzhou Tiansheng New Materials Group Co's Price-to-Tangible-Book Distribution in the Chemicals Industry

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

* The bar in red indicates where Changzhou Tiansheng New Materials Group Co's Price-to-Tangible-Book falls into.


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Changzhou Tiansheng New Materials Group Co Price-to-Tangible-Book Calculation

Changzhou Tiansheng New Materials Group Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2025 )
=7.92/-0.179
=

* 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.


Changzhou Tiansheng New Materials Group Co Price-to-Tangible-Book Related Terms

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Changzhou Tiansheng New Materials Group Co Business Description

Traded in Other Exchanges
N/A
Address
508 Longjin Road, Jiangsu, Changzhou City, CHN, 213028
Changzhou Tiansheng New Materials Group Co Ltd formerly Changzhou Tiansheng New Materials Co Ltd is engaged in the research and development, production, and sales of polymer foam materials. The company focuses on the field of flexible foams, structural foams, and post processing of these materials.
Executives
Xu Yi Directors, executives
Sun Jian Directors, executives
Lv Ze Wei Director
Wang Jian Executives
Qian Bin Executives
Song Yue Directors, executives
Wu Hai Zhou Directors, executives

Changzhou Tiansheng New Materials Group Co Headlines

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