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JL Mag Rare-Earth Co (SZSE:300748) Price-to-Tangible-Book : 4.27 (As of Dec. 11, 2024)


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What is JL Mag Rare-Earth Co Price-to-Tangible-Book?

As of today (2024-12-11), JL Mag Rare-Earth Co's share price is ¥20.65. JL Mag Rare-Earth Co's Tangible Book per Share of Sep. 2024 for the quarter that ended in Sep. 2024 was ¥4.84. Hence, JL Mag Rare-Earth Co's Price to Tangible Book Ratio of today is 4.27.

The historical rank and industry rank for JL Mag Rare-Earth Co's Price-to-Tangible-Book or its related term are showing as below:

SZSE:300748' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.66   Med: 7.72   Max: 22.7
Current: 4.27

During the past 11 years, JL Mag Rare-Earth Co's highest Price to Tangible Book Ratio was 22.70. The lowest was 2.66. And the median was 7.72.

SZSE:300748's Price-to-Tangible-Book is ranked worse than
74.41% of 2817 companies
in the Industrial Products industry
Industry Median: 2.38 vs SZSE:300748: 4.27

A closely related ratio is called PB Ratio. As of today, JL Mag Rare-Earth Co's share price is ¥20.65. JL Mag Rare-Earth Co's Book Value per Sharefor the quarter that ended in Sep. 2024 was ¥5.01. Hence, JL Mag Rare-Earth Co's P/B Ratio of today is 4.12.


JL Mag Rare-Earth Co Price-to-Tangible-Book Historical Data

The historical data trend for JL Mag Rare-Earth 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.

JL Mag Rare-Earth Co Price-to-Tangible-Book Chart

JL Mag Rare-Earth 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 12.43 10.18 11.53 3.73 4.00

JL Mag Rare-Earth Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 3.26 4.00 2.99 2.66 2.98

Competitive Comparison of JL Mag Rare-Earth Co's Price-to-Tangible-Book

For the Metal Fabrication subindustry, JL Mag Rare-Earth 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.


JL Mag Rare-Earth Co's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, JL Mag Rare-Earth Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where JL Mag Rare-Earth Co's Price-to-Tangible-Book falls into.



JL Mag Rare-Earth Co Price-to-Tangible-Book Calculation

JL Mag Rare-Earth Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2024 )
=20.65/4.838
=4.27

* 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.


JL Mag Rare-Earth Co Price-to-Tangible-Book Related Terms

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


JL Mag Rare-Earth Co Business Description

Traded in Other Exchanges
Address
81 West Jinling Road, Industrial Area, Economic and Technological Development Zone, Jiangxi Province, Ganzhou, CHN, 341000
JL Mag Rare-Earth, or JL Mag, is a leading global producer of high-performance rare earth permanent magnets, or REPMs. JL Mag focuses on the production and sale of NdFeB PMs, the most widely used type of REPMs, mainly made from an alloy of neodymium (Nd), iron (Fe) and boron (B). The company is ranked first in the world by high-performance REPMs, according to Frost & Sullivan. JL Mag is also ranked first in the global grain boundary diffusion, or GBD, REPMs market. Its products have a wide array of applications, mainly in new energy vehicles, or NEVs, automotive parts, wind turbine generators, energy-saving variable-frequency air-conditioners, or VFACs.
Executives
Xie Hui Executives
Lv Feng Directors, executives
Yi Peng Peng Executives
Mao Hua Yun Executives
Lu Ming Directors, executives
Huang Zhang Yuan Executives
Yu Han Executives
Lai Xun Long Securities Affairs Representative

JL Mag Rare-Earth Co Headlines

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