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Suzhou Longway Electronic Machinery Co (SZSE:301202) Price-to-Tangible-Book : 3.09 (As of Jun. 25, 2024)


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What is Suzhou Longway Electronic Machinery Co Price-to-Tangible-Book?

As of today (2024-06-25), Suzhou Longway Electronic Machinery Co's share price is ¥25.72. Suzhou Longway Electronic Machinery Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥8.31. Hence, Suzhou Longway Electronic Machinery Co's Price to Tangible Book Ratio of today is 3.09.

The historical rank and industry rank for Suzhou Longway Electronic Machinery Co's Price-to-Tangible-Book or its related term are showing as below:

SZSE:301202' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.07   Med: 4.15   Max: 4.16
Current: 3.1

During the past 8 years, Suzhou Longway Electronic Machinery Co's highest Price to Tangible Book Ratio was 4.16. The lowest was 3.07. And the median was 4.15.

SZSE:301202's Price-to-Tangible-Book is ranked better than
54.07% of 2088 companies
in the Software industry
Industry Median: 3.44 vs SZSE:301202: 3.10

A closely related ratio is called PB Ratio. As of today, Suzhou Longway Electronic Machinery Co's share price is ¥25.72. Suzhou Longway Electronic Machinery Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥8.75. Hence, Suzhou Longway Electronic Machinery Co's P/B Ratio of today is 2.94.


Suzhou Longway Electronic Machinery Co Price-to-Tangible-Book Historical Data

The historical data trend for Suzhou Longway Electronic Machinery 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.

Suzhou Longway Electronic Machinery Co Price-to-Tangible-Book Chart

Suzhou Longway Electronic Machinery Co Annual Data
Trend Dec13 Dec14 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial - - - - 3.90

Suzhou Longway Electronic Machinery Co Quarterly Data
Dec13 Dec14 Jun15 Dec18 Dec19 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 - - 4.16 3.90 4.15

Competitive Comparison of Suzhou Longway Electronic Machinery Co's Price-to-Tangible-Book

For the Information Technology Services subindustry, Suzhou Longway Electronic Machinery 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.


Suzhou Longway Electronic Machinery Co's Price-to-Tangible-Book Distribution in the Software Industry

For the Software industry and Technology sector, Suzhou Longway Electronic Machinery Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Suzhou Longway Electronic Machinery Co's Price-to-Tangible-Book falls into.



Suzhou Longway Electronic Machinery Co Price-to-Tangible-Book Calculation

Suzhou Longway Electronic Machinery 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 )
=25.72/8.314
=3.09

* 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.


Suzhou Longway Electronic Machinery Co Price-to-Tangible-Book Related Terms

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


Suzhou Longway Electronic Machinery Co (SZSE:301202) Business Description

Traded in Other Exchanges
N/A
Address
Sumitomo Denso Road, Panyang Industrial Park, Huangdai Town, Xiangcheng District, Jiangsu Province, Suzhou, CHN, 215143
Suzhou Longway Electronic Machinery Co Ltd is a high-tech enterprise specializing in research and development, production, sales and service of data center cabinets such as server cabinets, hot and cold aisles, micro-modules, T-block racks, and integrated wiring products such as data cables.

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