GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Weichai Power Co Ltd (OTCPK:WEICY) » Definitions » Price-to-Tangible-Book

Weichai Power Co (Weichai Power Co) Price-to-Tangible-Book : 2.49 (As of May. 26, 2024)


View and export this data going back to 2008. Start your Free Trial

What is Weichai Power Co Price-to-Tangible-Book?

As of today (2024-05-26), Weichai Power Co's share price is $11.26. Weichai Power Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $4.53. Hence, Weichai Power Co's Price to Tangible Book Ratio of today is 2.49.

The historical rank and industry rank for Weichai Power Co's Price-to-Tangible-Book or its related term are showing as below:

WEICY' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.17   Med: 4.13   Max: 67.49
Current: 3.98

During the past 13 years, Weichai Power Co's highest Price to Tangible Book Ratio was 67.49. The lowest was 3.17. And the median was 4.13.

WEICY's Price-to-Tangible-Book is ranked worse than
76.63% of 2833 companies
in the Industrial Products industry
Industry Median: 2.11 vs WEICY: 3.98

A closely related ratio is called PB Ratio. As of today, Weichai Power Co's share price is $11.26. Weichai Power Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was $10.54. Hence, Weichai Power Co's P/B Ratio of today is 1.07.


Weichai Power Co Price-to-Tangible-Book Historical Data

The historical data trend for Weichai Power 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.

Weichai Power Co Price-to-Tangible-Book Chart

Weichai Power Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 38.22 4.12 3.06 -

Weichai Power Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.33 - - - -

Competitive Comparison of Weichai Power Co's Price-to-Tangible-Book

For the Specialty Industrial Machinery subindustry, Weichai Power 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.


Weichai Power Co's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Weichai Power Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Weichai Power Co's Price-to-Tangible-Book falls into.



Weichai Power Co Price-to-Tangible-Book Calculation

Weichai Power 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 )
=11.26/4.526
=2.49

* 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.


Weichai Power Co Price-to-Tangible-Book Related Terms

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


Weichai Power Co (Weichai Power Co) Business Description

Address
197, Section A, Fu Shou East Street, High Technology Industrial Development Zone, Shandong Province, Weifang, CHN, 261061
Weichai Power Co Ltd is an industrial technology company that offers vehicles, equipment, and logistics and supply chain services in China. The operating segments of the company are 1) Engines segment includes the manufacturing and sale of engines and related parts; 2) Automobiles and automobile components include the manufacturing and sale of automobiles and automobile components other than Engines; 3) Agricultural equipment includes the manufacturing and sale of agricultural equipment (complete machineries), agricultural machineries, agricultural vehicles and related parts; 4) Intelligent logistics includes forklift trucks production, warehousing technology and supply chain solution services.