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Changzhou Xiangming Intelligent Drive System (SZSE:301226) Price-to-Tangible-Book : 3.21 (As of May. 29, 2025)


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What is Changzhou Xiangming Intelligent Drive System Price-to-Tangible-Book?

As of today (2025-05-29), Changzhou Xiangming Intelligent Drive System's share price is ¥25.88. Changzhou Xiangming Intelligent Drive System's Tangible Book per Share of Mar. 2025 for the quarter that ended in Mar. 2025 was ¥8.05. Hence, Changzhou Xiangming Intelligent Drive System's Price to Tangible Book Ratio of today is 3.21.

The historical rank and industry rank for Changzhou Xiangming Intelligent Drive System's Price-to-Tangible-Book or its related term are showing as below:

SZSE:301226' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.11   Med: 2.85   Max: 3.53
Current: 3.21

During the past 11 years, Changzhou Xiangming Intelligent Drive System's highest Price to Tangible Book Ratio was 3.53. The lowest was 2.11. And the median was 2.85.

SZSE:301226's Price-to-Tangible-Book is ranked worse than
68% of 2272 companies
in the Hardware industry
Industry Median: 2.045 vs SZSE:301226: 3.21

A closely related ratio is called PB Ratio. As of today, Changzhou Xiangming Intelligent Drive System's share price is ¥25.88. Changzhou Xiangming Intelligent Drive System's Book Value per Sharefor the quarter that ended in Mar. 2025 was ¥8.36. Hence, Changzhou Xiangming Intelligent Drive System's P/B Ratio of today is 3.10.


Changzhou Xiangming Intelligent Drive System Price-to-Tangible-Book Historical Data

The historical data trend for Changzhou Xiangming Intelligent Drive System'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.

Changzhou Xiangming Intelligent Drive System Price-to-Tangible-Book Chart

Changzhou Xiangming Intelligent Drive System Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 2.21 2.85 2.91

Changzhou Xiangming Intelligent Drive System Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 2.20 2.11 2.85 2.91 3.50

Competitive Comparison of Changzhou Xiangming Intelligent Drive System's Price-to-Tangible-Book

For the Electronic Components subindustry, Changzhou Xiangming Intelligent Drive System'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.


Changzhou Xiangming Intelligent Drive System's Price-to-Tangible-Book Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Changzhou Xiangming Intelligent Drive System's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Changzhou Xiangming Intelligent Drive System's Price-to-Tangible-Book falls into.


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Changzhou Xiangming Intelligent Drive System Price-to-Tangible-Book Calculation

Changzhou Xiangming Intelligent Drive System's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2025 )
=25.88/8.051
=3.21

* 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.


Changzhou Xiangming Intelligent Drive System Price-to-Tangible-Book Related Terms

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Changzhou Xiangming Intelligent Drive System Business Description

Traded in Other Exchanges
N/A
Address
No. 518, Zhongwu Avenue, Jiangsu Province, Changzhou, CHN, 213011
Changzhou Xiangming Intelligent Drive System Corp is engaged in the Research and development, production and sales of micro motors, fans and intelligent components.

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