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Kale Environment Technology (Shanghai) Co (SZSE:301070) Price-to-Tangible-Book : 3.61 (As of Jun. 22, 2024)


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What is Kale Environment Technology (Shanghai) Co Price-to-Tangible-Book?

As of today (2024-06-22), Kale Environment Technology (Shanghai) Co's share price is ¥43.16. Kale Environment Technology (Shanghai) Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥11.96. Hence, Kale Environment Technology (Shanghai) Co's Price to Tangible Book Ratio of today is 3.61.

The historical rank and industry rank for Kale Environment Technology (Shanghai) Co's Price-to-Tangible-Book or its related term are showing as below:

SZSE:301070' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.97   Med: 2.94   Max: 3.7
Current: 3.61

During the past 10 years, Kale Environment Technology (Shanghai) Co's highest Price to Tangible Book Ratio was 3.70. The lowest was 1.97. And the median was 2.94.

SZSE:301070's Price-to-Tangible-Book is ranked worse than
74.39% of 2823 companies
in the Industrial Products industry
Industry Median: 2.04 vs SZSE:301070: 3.61

A closely related ratio is called PB Ratio. As of today, Kale Environment Technology (Shanghai) Co's share price is ¥43.16. Kale Environment Technology (Shanghai) Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥12.48. Hence, Kale Environment Technology (Shanghai) Co's P/B Ratio of today is 3.46.


Kale Environment Technology (Shanghai) Co Price-to-Tangible-Book Historical Data

The historical data trend for Kale Environment Technology (Shanghai) 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.

Kale Environment Technology (Shanghai) Co Price-to-Tangible-Book Chart

Kale Environment Technology (Shanghai) Co Annual Data
Trend Dec12 Dec13 Dec14 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 3.07 2.00 3.70

Kale Environment Technology (Shanghai) 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 3.11 3.12 3.05 3.70 2.94

Competitive Comparison of Kale Environment Technology (Shanghai) Co's Price-to-Tangible-Book

For the Specialty Industrial Machinery subindustry, Kale Environment Technology (Shanghai) 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.


Kale Environment Technology (Shanghai) Co's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kale Environment Technology (Shanghai) Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Kale Environment Technology (Shanghai) Co's Price-to-Tangible-Book falls into.



Kale Environment Technology (Shanghai) Co Price-to-Tangible-Book Calculation

Kale Environment Technology (Shanghai) 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 )
=43.16/11.963
=3.61

* 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.


Kale Environment Technology (Shanghai) Co Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Kale Environment Technology (Shanghai) Co's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Kale Environment Technology (Shanghai) Co (SZSE:301070) Business Description

Traded in Other Exchanges
N/A
Address
No. 505, Xinge Road, South 5 District, 2nd Floor, Building 3, Xinqiao Town, Songjiang District, Shanghai, CHN, 201108
Kale Environment Technology (Shanghai) Co Ltd is engaged in the research and development, production, sales, installation and related technical services of HVLS fans.

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