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Guangdong Modern High-Tech Fiber Co (SZSE:300876) Price-to-Tangible-Book : 2.13 (As of Jun. 24, 2024)


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What is Guangdong Modern High-Tech Fiber Co Price-to-Tangible-Book?

As of today (2024-06-24), Guangdong Modern High-Tech Fiber Co's share price is ¥16.48. Guangdong Modern High-Tech Fiber Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥7.75. Hence, Guangdong Modern High-Tech Fiber Co's Price to Tangible Book Ratio of today is 2.13.

The historical rank and industry rank for Guangdong Modern High-Tech Fiber Co's Price-to-Tangible-Book or its related term are showing as below:

SZSE:300876' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.13   Med: 3.22   Max: 6.27
Current: 2.13

During the past 8 years, Guangdong Modern High-Tech Fiber Co's highest Price to Tangible Book Ratio was 6.27. The lowest was 2.13. And the median was 3.22.

SZSE:300876's Price-to-Tangible-Book is ranked worse than
69.05% of 992 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.29 vs SZSE:300876: 2.13

A closely related ratio is called PB Ratio. As of today, Guangdong Modern High-Tech Fiber Co's share price is ¥16.48. Guangdong Modern High-Tech Fiber Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥9.15. Hence, Guangdong Modern High-Tech Fiber Co's P/B Ratio of today is 1.80.


Guangdong Modern High-Tech Fiber Co Price-to-Tangible-Book Historical Data

The historical data trend for Guangdong Modern High-Tech Fiber 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.

Guangdong Modern High-Tech Fiber Co Price-to-Tangible-Book Chart

Guangdong Modern High-Tech Fiber Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial - 5.27 3.88 3.50 2.92

Guangdong Modern High-Tech Fiber Co Quarterly Data
Dec18 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 3.07 3.10 2.90 2.92 2.44

Competitive Comparison of Guangdong Modern High-Tech Fiber Co's Price-to-Tangible-Book

For the Textile Manufacturing subindustry, Guangdong Modern High-Tech Fiber 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.


Guangdong Modern High-Tech Fiber Co's Price-to-Tangible-Book Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Guangdong Modern High-Tech Fiber Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Guangdong Modern High-Tech Fiber Co's Price-to-Tangible-Book falls into.



Guangdong Modern High-Tech Fiber Co Price-to-Tangible-Book Calculation

Guangdong Modern High-Tech Fiber 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 )
=16.48/7.75
=2.13

* 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.


Guangdong Modern High-Tech Fiber Co Price-to-Tangible-Book Related Terms

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Guangdong Modern High-Tech Fiber Co (SZSE:300876) Business Description

Traded in Other Exchanges
N/A
Address
Xipian Industrial Zone, Jiedong City, Guangdong Province, Jieyang, CHN, 515500
Guangdong Modern High-Tech Fiber Co Ltd is engaged in production and sales of polypropylene fiber. The company's product categories include MODERNS PP Microfiber; Differential Fiber PP Yarn; PP intermingled FDY; PP Profiled Yarn; PP Twisted Yarn; PP BCF YARN; and PP ATY.
Executives
Zhu Shao Fen Directors, executives
Zheng Xiao Yi Executives

Guangdong Modern High-Tech Fiber Co (SZSE:300876) Headlines

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