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Jiangsu Toland Alloy Co (SZSE:300855) Price-to-Tangible-Book : 5.87 (As of Jun. 16, 2024)


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What is Jiangsu Toland Alloy Co Price-to-Tangible-Book?

As of today (2024-06-16), Jiangsu Toland Alloy Co's share price is ¥27.44. Jiangsu Toland Alloy Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥4.68. Hence, Jiangsu Toland Alloy Co's Price to Tangible Book Ratio of today is 5.87.

The historical rank and industry rank for Jiangsu Toland Alloy Co's Price-to-Tangible-Book or its related term are showing as below:

SZSE:300855' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 5.17   Med: 8.62   Max: 12.03
Current: 5.86

During the past 10 years, Jiangsu Toland Alloy Co's highest Price to Tangible Book Ratio was 12.03. The lowest was 5.17. And the median was 8.62.

SZSE:300855's Price-to-Tangible-Book is ranked worse than
93.7% of 603 companies
in the Steel industry
Industry Median: 1.04 vs SZSE:300855: 5.86

A closely related ratio is called PB Ratio. As of today, Jiangsu Toland Alloy Co's share price is ¥27.44. Jiangsu Toland Alloy Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥4.86. Hence, Jiangsu Toland Alloy Co's P/B Ratio of today is 5.65.


Jiangsu Toland Alloy Co Price-to-Tangible-Book Historical Data

The historical data trend for Jiangsu Toland Alloy 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.

Jiangsu Toland Alloy Co Price-to-Tangible-Book Chart

Jiangsu Toland Alloy Co Annual Data
Trend Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 9.40 12.03 9.84 6.80

Jiangsu Toland Alloy 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 9.04 8.62 7.23 6.80 5.17

Competitive Comparison of Jiangsu Toland Alloy Co's Price-to-Tangible-Book

For the Steel subindustry, Jiangsu Toland Alloy 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.


Jiangsu Toland Alloy Co's Price-to-Tangible-Book Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Jiangsu Toland Alloy Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Jiangsu Toland Alloy Co's Price-to-Tangible-Book falls into.



Jiangsu Toland Alloy Co Price-to-Tangible-Book Calculation

Jiangsu Toland Alloy 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 )
=27.44/4.678
=5.87

* 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.


Jiangsu Toland Alloy Co Price-to-Tangible-Book Related Terms

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


Jiangsu Toland Alloy Co (SZSE:300855) Business Description

Traded in Other Exchanges
N/A
Address
No.1 Junmin West Road, Yuncheng Canal, Lucheng Town, Jiangsu Province, Danyang, CHN, 212352
Jiangsu Toland Alloy Co Ltd is engaged in the production and sales of high-performance alloys, precision alloys, special stainless steel and other high-performance alloy materials and their products. The company manufactures, smelts, processes, and sells high-temperature alloys, precision alloys, nickel-chromium materials, high-resistance electrothermal alloys, high-speed tool steels, stainless steels, heat-resistant steels and their products.
Executives
Zhang Tao Supervisors
Wan Jie Directors, Directors, and Executives
Yuan Suo Jun Directors, executives

Jiangsu Toland Alloy Co (SZSE:300855) Headlines

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