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China Machinery Huanyu Certification and Inspection Co (SZSE:301508) Price-to-Tangible-Book : 5.79 (As of Jun. 21, 2024)


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What is China Machinery Huanyu Certification and Inspection Co Price-to-Tangible-Book?

As of today (2024-06-21), China Machinery Huanyu Certification and Inspection Co's share price is ¥37.31. China Machinery Huanyu Certification and Inspection Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥6.45. Hence, China Machinery Huanyu Certification and Inspection Co's Price to Tangible Book Ratio of today is 5.79.

The historical rank and industry rank for China Machinery Huanyu Certification and Inspection Co's Price-to-Tangible-Book or its related term are showing as below:

SZSE:301508' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 5.45   Med: 5.94   Max: 6.43
Current: 5.78

During the past 5 years, China Machinery Huanyu Certification and Inspection Co's highest Price to Tangible Book Ratio was 6.43. The lowest was 5.45. And the median was 5.94.

SZSE:301508's Price-to-Tangible-Book is ranked worse than
81.84% of 870 companies
in the Business Services industry
Industry Median: 2.045 vs SZSE:301508: 5.78

A closely related ratio is called PB Ratio. As of today, China Machinery Huanyu Certification and Inspection Co's share price is ¥37.31. China Machinery Huanyu Certification and Inspection Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥8.51. Hence, China Machinery Huanyu Certification and Inspection Co's P/B Ratio of today is 4.39.


China Machinery Huanyu Certification and Inspection Co Price-to-Tangible-Book Historical Data

The historical data trend for China Machinery Huanyu Certification and Inspection 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.

China Machinery Huanyu Certification and Inspection Co Price-to-Tangible-Book Chart

China Machinery Huanyu Certification and Inspection Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
- - - - 5.45

China Machinery Huanyu Certification and Inspection Co Quarterly Data
Dec19 Dec20 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 - - - 5.45 6.43

Competitive Comparison of China Machinery Huanyu Certification and Inspection Co's Price-to-Tangible-Book

For the Specialty Business Services subindustry, China Machinery Huanyu Certification and Inspection 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.


China Machinery Huanyu Certification and Inspection Co's Price-to-Tangible-Book Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, China Machinery Huanyu Certification and Inspection Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where China Machinery Huanyu Certification and Inspection Co's Price-to-Tangible-Book falls into.



China Machinery Huanyu Certification and Inspection Co Price-to-Tangible-Book Calculation

China Machinery Huanyu Certification and Inspection 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 )
=37.31/6.447
=5.79

* 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.


China Machinery Huanyu Certification and Inspection Co Price-to-Tangible-Book Related Terms

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China Machinery Huanyu Certification and Inspection Co (SZSE:301508) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 32, Tianrong Street, Beizangcun Town, Daxing, Beijing, CHN, 102609
China Machinery Huanyu Certification and Inspection Co Ltd provides Product inspection and testing services for complete automobiles, military equipment, engineering machinery, special equipment, civil aviation ground equipment, parts and components, as well as certification services such as product certification, system certification and service certification.

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