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Shenzhen MinDe Electronics Technology (SZSE:300656) Price-to-Tangible-Book : 3.17 (As of Sep. 26, 2024)


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What is Shenzhen MinDe Electronics Technology Price-to-Tangible-Book?

As of today (2024-09-26), Shenzhen MinDe Electronics Technology's share price is ¥19.18. Shenzhen MinDe Electronics Technology's Tangible Book per Share of Jun. 2024 for the quarter that ended in Jun. 2024 was ¥6.05. Hence, Shenzhen MinDe Electronics Technology's Price to Tangible Book Ratio of today is 3.17.

The historical rank and industry rank for Shenzhen MinDe Electronics Technology's Price-to-Tangible-Book or its related term are showing as below:

SZSE:300656' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.93   Med: 6.1   Max: 14.61
Current: 3.17

During the past 11 years, Shenzhen MinDe Electronics Technology's highest Price to Tangible Book Ratio was 14.61. The lowest was 2.93. And the median was 6.10.

SZSE:300656's Price-to-Tangible-Book is ranked worse than
64.31% of 877 companies
in the Business Services industry
Industry Median: 2.09 vs SZSE:300656: 3.17

A closely related ratio is called PB Ratio. As of today, Shenzhen MinDe Electronics Technology's share price is ¥19.18. Shenzhen MinDe Electronics Technology's Book Value per Sharefor the quarter that ended in Jun. 2024 was ¥6.56. Hence, Shenzhen MinDe Electronics Technology's P/B Ratio of today is 2.92.


Shenzhen MinDe Electronics Technology Price-to-Tangible-Book Historical Data

The historical data trend for Shenzhen MinDe Electronics Technology'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.

Shenzhen MinDe Electronics Technology Price-to-Tangible-Book Chart

Shenzhen MinDe Electronics Technology 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 5.20 7.92 14.61 4.71 3.93

Shenzhen MinDe Electronics Technology 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 5.11 4.19 3.93 3.25 3.27

Competitive Comparison of Shenzhen MinDe Electronics Technology's Price-to-Tangible-Book

For the Security & Protection Services subindustry, Shenzhen MinDe Electronics Technology'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.


Shenzhen MinDe Electronics Technology's Price-to-Tangible-Book Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Shenzhen MinDe Electronics Technology's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Shenzhen MinDe Electronics Technology's Price-to-Tangible-Book falls into.



Shenzhen MinDe Electronics Technology Price-to-Tangible-Book Calculation

Shenzhen MinDe Electronics Technology's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2024 )
=19.18/6.046
=3.17

* 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.


Shenzhen MinDe Electronics Technology Price-to-Tangible-Book Related Terms

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


Shenzhen MinDe Electronics Technology Business Description

Traded in Other Exchanges
N/A
Address
No.5, Kezhi Xi Road, 5th Floor, Section 1, 25th Block, Keji Yuan, Nanshan District, Shenzhen, CHN, 518057
Shenzhen MinDe Electronics Technology Ltd is a Chinese company engaged in designing, developing and manufacturing barcode scan instruments. Its products include handheld barcode scanners, cordless barcode scanners, scan engines, image platform, and lightweight data terminal, among others. The application domains are manufacturing, retailing, postage, logistic and medical services. It has customers in China and in various other countries.
Executives
Huang Xiao Dong Directors, executives
Gao Jian Directors, executives
Luo Yuan Xiong Supervisors
Zou Shan Feng Director
Fan Zhang Zheng Directors, executives
Yi Yang Qing Directors, executives
Bai Nan Supervisors
Chen Guo Bing Securities Affairs Representative
Xu Wen Huan Directors, executives

Shenzhen MinDe Electronics Technology Headlines

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