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Hunan Sund Technological (SZSE:301548) Price-to-Tangible-Book : 2.08 (As of May. 12, 2024)


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What is Hunan Sund Technological Price-to-Tangible-Book?

As of today (2024-05-12), Hunan Sund Technological's share price is ¥49.95. Hunan Sund Technological's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥24.06. Hence, Hunan Sund Technological's Price to Tangible Book Ratio of today is 2.08.

The historical rank and industry rank for Hunan Sund Technological's Price-to-Tangible-Book or its related term are showing as below:

SZSE:301548' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.03   Med: 2.59   Max: 2.84
Current: 2.08

During the past 6 years, Hunan Sund Technological's highest Price to Tangible Book Ratio was 2.84. The lowest was 2.03. And the median was 2.59.

SZSE:301548's Price-to-Tangible-Book is ranked better than
51.61% of 2827 companies
in the Industrial Products industry
Industry Median: 2.14 vs SZSE:301548: 2.08

A closely related ratio is called PB Ratio. As of today, Hunan Sund Technological's share price is ¥49.95. Hunan Sund Technological's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥24.37. Hence, Hunan Sund Technological's P/B Ratio of today is 2.05.


Hunan Sund Technological Price-to-Tangible-Book Historical Data

The historical data trend for Hunan Sund Technological'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.

Hunan Sund Technological Price-to-Tangible-Book Chart

Hunan Sund Technological Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial - - - - 2.59

Hunan Sund Technological Quarterly Data
Dec18 Dec19 Dec20 Jun21 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 - - 2.84 2.59 2.03

Competitive Comparison of Hunan Sund Technological's Price-to-Tangible-Book

For the Specialty Industrial Machinery subindustry, Hunan Sund Technological'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.


Hunan Sund Technological's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hunan Sund Technological's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Hunan Sund Technological's Price-to-Tangible-Book falls into.



Hunan Sund Technological Price-to-Tangible-Book Calculation

Hunan Sund Technological's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=49.95/24.06
=2.08

* 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.


Hunan Sund Technological Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Hunan Sund Technological's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Hunan Sund Technological (SZSE:301548) Business Description

Traded in Other Exchanges
N/A
Address
No. 9, Chayuan Road, High-tech Zone, Hunan, Xiangtan, CHN, 411102
Hunan Sund Technological Corp is engaged in research & development, design, production and sales of dynamic pressure oil film sliding bearings, sales of rolling bearings and related products, etc. It is a leading bearing supplier of bearing products and integral solutions for transmission systems.

Hunan Sund Technological (SZSE:301548) Headlines

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