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Cre8 Direct (Ningbo) Co (SZSE:300703) Price-to-Tangible-Book : 2.30 (As of May. 20, 2024)


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What is Cre8 Direct (Ningbo) Co Price-to-Tangible-Book?

As of today (2024-05-20), Cre8 Direct (Ningbo) Co's share price is ¥9.30. Cre8 Direct (Ningbo) Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥4.04. Hence, Cre8 Direct (Ningbo) Co's Price to Tangible Book Ratio of today is 2.30.

The historical rank and industry rank for Cre8 Direct (Ningbo) Co's Price-to-Tangible-Book or its related term are showing as below:

SZSE:300703' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.25   Med: 2.96   Max: 7.73
Current: 2.3

During the past 12 years, Cre8 Direct (Ningbo) Co's highest Price to Tangible Book Ratio was 7.73. The lowest was 2.25. And the median was 2.96.

SZSE:300703's Price-to-Tangible-Book is ranked worse than
80.94% of 278 companies
in the Forest Products industry
Industry Median: 1.04 vs SZSE:300703: 2.30

A closely related ratio is called PB Ratio. As of today, Cre8 Direct (Ningbo) Co's share price is ¥9.30. Cre8 Direct (Ningbo) Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥4.53. Hence, Cre8 Direct (Ningbo) Co's P/B Ratio of today is 2.05.


Cre8 Direct (Ningbo) Co Price-to-Tangible-Book Historical Data

The historical data trend for Cre8 Direct (Ningbo) 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.

Cre8 Direct (Ningbo) Co Price-to-Tangible-Book Chart

Cre8 Direct (Ningbo) 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 3.16 2.97 3.51 2.68 2.80

Cre8 Direct (Ningbo) 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 2.97 2.50 2.63 2.80 2.25

Competitive Comparison of Cre8 Direct (Ningbo) Co's Price-to-Tangible-Book

For the Paper & Paper Products subindustry, Cre8 Direct (Ningbo) 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.


Cre8 Direct (Ningbo) Co's Price-to-Tangible-Book Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Cre8 Direct (Ningbo) Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Cre8 Direct (Ningbo) Co's Price-to-Tangible-Book falls into.



Cre8 Direct (Ningbo) Co Price-to-Tangible-Book Calculation

Cre8 Direct (Ningbo) 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 )
=9.30/4.04
=2.30

* 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.


Cre8 Direct (Ningbo) Co Price-to-Tangible-Book Related Terms

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Cre8 Direct (Ningbo) Co (SZSE:300703) Business Description

Traded in Other Exchanges
N/A
Address
45 West Lushan Road, Beilun District, Zhejiang Province, Ningbo, CHN
Cre8 Direct (Ningbo) Co Ltd is a China-based company principally engaged in the design, production and sales of paper-based products around the world. Its product lines span a vast number of categories including stationery, storage, office supplies, scrapbooking, paper crafting, party, D.I.Y., dated goods, card making, and children's crafting.

Cre8 Direct (Ningbo) Co (SZSE:300703) Headlines

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