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Zhejiang Wandekai Fluid Equipment Technology Co (SZSE:301309) Price-to-Tangible-Book : 1.66 (As of May. 15, 2025)


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What is Zhejiang Wandekai Fluid Equipment Technology Co Price-to-Tangible-Book?

As of today (2025-05-15), Zhejiang Wandekai Fluid Equipment Technology Co's share price is ¥24.92. Zhejiang Wandekai Fluid Equipment Technology Co's Tangible Book per Share of Mar. 2025 for the quarter that ended in Mar. 2025 was ¥15.03. Hence, Zhejiang Wandekai Fluid Equipment Technology Co's Price to Tangible Book Ratio of today is 1.66.

The historical rank and industry rank for Zhejiang Wandekai Fluid Equipment Technology Co's Price-to-Tangible-Book or its related term are showing as below:

SZSE:301309' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.63   Med: 1.89   Max: 2.11
Current: 1.66

During the past 7 years, Zhejiang Wandekai Fluid Equipment Technology Co's highest Price to Tangible Book Ratio was 2.11. The lowest was 1.63. And the median was 1.89.

SZSE:301309's Price-to-Tangible-Book is ranked worse than
55.87% of 1559 companies
in the Construction industry
Industry Median: 1.39 vs SZSE:301309: 1.66

A closely related ratio is called PB Ratio. As of today, Zhejiang Wandekai Fluid Equipment Technology Co's share price is ¥24.92. Zhejiang Wandekai Fluid Equipment Technology Co's Book Value per Sharefor the quarter that ended in Mar. 2025 was ¥15.93. Hence, Zhejiang Wandekai Fluid Equipment Technology Co's P/B Ratio of today is 1.56.


Zhejiang Wandekai Fluid Equipment Technology Co Price-to-Tangible-Book Historical Data

The historical data trend for Zhejiang Wandekai Fluid Equipment 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.

Zhejiang Wandekai Fluid Equipment Technology Co Price-to-Tangible-Book Chart

Zhejiang Wandekai Fluid Equipment Technology Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Price-to-Tangible-Book
Get a 7-Day Free Trial - - 1.89 2.08 1.64

Zhejiang Wandekai Fluid Equipment Technology Co Quarterly Data
Dec18 Dec19 Dec20 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 1.71 1.84 1.78 1.64 1.77

Competitive Comparison of Zhejiang Wandekai Fluid Equipment Technology Co's Price-to-Tangible-Book

For the Building Products & Equipment subindustry, Zhejiang Wandekai Fluid Equipment 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.


Zhejiang Wandekai Fluid Equipment Technology Co's Price-to-Tangible-Book Distribution in the Construction Industry

For the Construction industry and Industrials sector, Zhejiang Wandekai Fluid Equipment Technology Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Zhejiang Wandekai Fluid Equipment Technology Co's Price-to-Tangible-Book falls into.


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Zhejiang Wandekai Fluid Equipment Technology Co Price-to-Tangible-Book Calculation

Zhejiang Wandekai Fluid Equipment 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. 2025 )
=24.92/15.031
=1.66

* 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.


Zhejiang Wandekai Fluid Equipment Technology Co Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Zhejiang Wandekai Fluid Equipment Technology Co's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Zhejiang Wandekai Fluid Equipment Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Fisheries in Donggang Village, Longxi Town, Zhejiang Province, Yuhuan, CHN, 317609
Zhejiang Wandekai Fluid Equipment Technology Co Ltd is engaged in the design, development, production and sales of plumbing equipment. The products are mainly divided into three categories: brass valves, fittings, HVAC products. The products are positioned in the middle and high grade, highlighting the advantages of environmental protection, favored by consumers in North America, Europe and other developed markets.

Zhejiang Wandekai Fluid Equipment Technology Co Headlines

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