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Rongcheer Industrial Technology (Suzhou) Co (SZSE:301360) Price-to-Tangible-Book : 2.14 (As of May. 17, 2025)


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What is Rongcheer Industrial Technology (Suzhou) Co Price-to-Tangible-Book?

As of today (2025-05-17), Rongcheer Industrial Technology (Suzhou) Co's share price is ¥46.17. Rongcheer Industrial Technology (Suzhou) Co's Tangible Book per Share of Mar. 2025 for the quarter that ended in Mar. 2025 was ¥21.60. Hence, Rongcheer Industrial Technology (Suzhou) Co's Price to Tangible Book Ratio of today is 2.14.

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

SZSE:301360' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.03   Med: 2.55   Max: 5.09
Current: 2.14

During the past 7 years, Rongcheer Industrial Technology (Suzhou) Co's highest Price to Tangible Book Ratio was 5.09. The lowest was 2.03. And the median was 2.55.

SZSE:301360's Price-to-Tangible-Book is ranked better than
53.43% of 2832 companies
in the Industrial Products industry
Industry Median: 2.3 vs SZSE:301360: 2.14

A closely related ratio is called PB Ratio. As of today, Rongcheer Industrial Technology (Suzhou) Co's share price is ¥46.17. Rongcheer Industrial Technology (Suzhou) Co's Book Value per Sharefor the quarter that ended in Mar. 2025 was ¥21.76. Hence, Rongcheer Industrial Technology (Suzhou) Co's P/B Ratio of today is 2.12.


Rongcheer Industrial Technology (Suzhou) Co Price-to-Tangible-Book Historical Data

The historical data trend for Rongcheer Industrial Technology (Suzhou) 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.

Rongcheer Industrial Technology (Suzhou) Co Price-to-Tangible-Book Chart

Rongcheer Industrial Technology (Suzhou) Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Price-to-Tangible-Book
Get a 7-Day Free Trial - - - 4.39 2.47

Rongcheer Industrial Technology (Suzhou) Co Quarterly Data
Dec18 Dec19 Dec20 Mar21 Jun21 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 2.41 2.03 2.63 2.47 2.31

Competitive Comparison of Rongcheer Industrial Technology (Suzhou) Co's Price-to-Tangible-Book

For the Specialty Industrial Machinery subindustry, Rongcheer Industrial Technology (Suzhou) 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.


Rongcheer Industrial Technology (Suzhou) Co's Price-to-Tangible-Book Distribution in the Industrial Products Industry

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

* The bar in red indicates where Rongcheer Industrial Technology (Suzhou) Co's Price-to-Tangible-Book falls into.


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Rongcheer Industrial Technology (Suzhou) Co Price-to-Tangible-Book Calculation

Rongcheer Industrial Technology (Suzhou) 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 )
=46.17/21.595
=2.14

* 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.


Rongcheer Industrial Technology (Suzhou) Co Price-to-Tangible-Book Related Terms

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


Rongcheer Industrial Technology (Suzhou) Co Business Description

Traded in Other Exchanges
N/A
Address
No. 2 Shuangma Street, No. 11, Xinghua Industrial Park, Suzhou Industrial Park, Jiangsu Province, Weiting, CHN, 215121
Rongcheer Industrial Technology (Suzhou) Co Ltd is engaged in the research and development, design, production, sales and technical services of intelligent equipment.
Executives
Liu Hong Zhe Director

Rongcheer Industrial Technology (Suzhou) Co Headlines

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