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Xi an Xice Testing Technology Co (SZSE:301306) Price-to-Tangible-Book : 2.87 (As of Jun. 24, 2024)


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What is Xi an Xice Testing Technology Co Price-to-Tangible-Book?

As of today (2024-06-24), Xi an Xice Testing Technology Co's share price is ¥38.13. Xi an Xice Testing Technology Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥13.31. Hence, Xi an Xice Testing Technology Co's Price to Tangible Book Ratio of today is 2.87.

The historical rank and industry rank for Xi an Xice Testing Technology Co's Price-to-Tangible-Book or its related term are showing as below:

SZSE:301306' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.3   Med: 2.74   Max: 3.02
Current: 2.86

During the past 6 years, Xi an Xice Testing Technology Co's highest Price to Tangible Book Ratio was 3.02. The lowest was 2.30. And the median was 2.74.

SZSE:301306's Price-to-Tangible-Book is ranked better than
51.15% of 260 companies
in the Aerospace & Defense industry
Industry Median: 2.9 vs SZSE:301306: 2.86

A closely related ratio is called PB Ratio. As of today, Xi an Xice Testing Technology Co's share price is ¥38.13. Xi an Xice Testing Technology Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥13.51. Hence, Xi an Xice Testing Technology Co's P/B Ratio of today is 2.82.


Xi an Xice Testing Technology Co Price-to-Tangible-Book Historical Data

The historical data trend for Xi an Xice Testing Technology 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.

Xi an Xice Testing Technology Co Price-to-Tangible-Book Chart

Xi an Xice Testing Technology Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial - - - 3.00 2.89

Xi an Xice Testing Technology Co Quarterly Data
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 2.95 2.71 2.30 2.89 2.59

Competitive Comparison of Xi an Xice Testing Technology Co's Price-to-Tangible-Book

For the Aerospace & Defense subindustry, Xi an Xice Testing Technology 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.


Xi an Xice Testing Technology Co's Price-to-Tangible-Book Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Xi an Xice Testing Technology Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Xi an Xice Testing Technology Co's Price-to-Tangible-Book falls into.



Xi an Xice Testing Technology Co Price-to-Tangible-Book Calculation

Xi an Xice Testing Technology 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 )
=38.13/13.306
=2.87

* 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.


Xi an Xice Testing Technology Co Price-to-Tangible-Book Related Terms

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Xi an Xice Testing Technology Co (SZSE:301306) Business Description

Traded in Other Exchanges
N/A
Address
No. 16, Zhangba2 Road, High-tech Zone, Shaanxi Province, Xi'an, CHN, 710065
Xi an Xice Testing Technology Co Ltd is engaged in the inspection and testing of military equipment and civil aircraft products.
Executives
Li Ze Xin Director

Xi an Xice Testing Technology Co (SZSE:301306) Headlines

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