GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » TJK Intelligent Equipment Manufacturing (Tianjin) Co Ltd (SZSE:300823) » Definitions » Price-to-Tangible-Book

TJK Intelligent Equipment Manufacturing (Tianjin) Co (SZSE:300823) Price-to-Tangible-Book : 2.29 (As of Dec. 13, 2024)


View and export this data going back to 2020. Start your Free Trial

What is TJK Intelligent Equipment Manufacturing (Tianjin) Co Price-to-Tangible-Book?

As of today (2024-12-13), TJK Intelligent Equipment Manufacturing (Tianjin) Co's share price is ¥14.93. TJK Intelligent Equipment Manufacturing (Tianjin) Co's Tangible Book per Share of Sep. 2024 for the quarter that ended in Sep. 2024 was ¥6.53. Hence, TJK Intelligent Equipment Manufacturing (Tianjin) Co's Price to Tangible Book Ratio of today is 2.29.

The historical rank and industry rank for TJK Intelligent Equipment Manufacturing (Tianjin) Co's Price-to-Tangible-Book or its related term are showing as below:

SZSE:300823' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.74   Med: 2.44   Max: 3.77
Current: 2.29

During the past 12 years, TJK Intelligent Equipment Manufacturing (Tianjin) Co's highest Price to Tangible Book Ratio was 3.77. The lowest was 1.74. And the median was 2.44.

SZSE:300823's Price-to-Tangible-Book is ranked better than
51.58% of 2817 companies
in the Industrial Products industry
Industry Median: 2.36 vs SZSE:300823: 2.29

A closely related ratio is called PB Ratio. As of today, TJK Intelligent Equipment Manufacturing (Tianjin) Co's share price is ¥14.93. TJK Intelligent Equipment Manufacturing (Tianjin) Co's Book Value per Sharefor the quarter that ended in Sep. 2024 was ¥7.26. Hence, TJK Intelligent Equipment Manufacturing (Tianjin) Co's P/B Ratio of today is 2.06.


TJK Intelligent Equipment Manufacturing (Tianjin) Co Price-to-Tangible-Book Historical Data

The historical data trend for TJK Intelligent Equipment Manufacturing (Tianjin) 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.

TJK Intelligent Equipment Manufacturing (Tianjin) Co Price-to-Tangible-Book Chart

TJK Intelligent Equipment Manufacturing (Tianjin) 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 - 3.30 2.44 1.74 2.30

TJK Intelligent Equipment Manufacturing (Tianjin) 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 2.89 2.30 1.86 1.89 1.98

Competitive Comparison of TJK Intelligent Equipment Manufacturing (Tianjin) Co's Price-to-Tangible-Book

For the Specialty Industrial Machinery subindustry, TJK Intelligent Equipment Manufacturing (Tianjin) 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.


TJK Intelligent Equipment Manufacturing (Tianjin) Co's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, TJK Intelligent Equipment Manufacturing (Tianjin) Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where TJK Intelligent Equipment Manufacturing (Tianjin) Co's Price-to-Tangible-Book falls into.



TJK Intelligent Equipment Manufacturing (Tianjin) Co Price-to-Tangible-Book Calculation

TJK Intelligent Equipment Manufacturing (Tianjin) 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 )
=14.93/6.526
=2.29

* 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.


TJK Intelligent Equipment Manufacturing (Tianjin) Co Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of TJK Intelligent Equipment Manufacturing (Tianjin) Co's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


TJK Intelligent Equipment Manufacturing (Tianjin) Co Business Description

Traded in Other Exchanges
N/A
Address
No. 7 Wuwei Road, Lugang Logistics Equipment Industrial Park, Beichen District, Tianjin, CHN, 300408
TJK Intelligent Equipment Manufacturing (Tianjin) Co Ltd is engaged in the research and development, design, production and sales of high-end CNC steel bar processing equipment and provides overall solutions for CNC steel bar processing. The company's products are used in high-speed railways, highways, bridges and tunnels, rail transit, underground pipeline corridors, nuclear power, hydropower and other large-scale infrastructure construction and assembly buildings, steel processing and distribution centers and other fields.
Executives
Chen Zhen Sheng Director

TJK Intelligent Equipment Manufacturing (Tianjin) Co Headlines

No Headlines